YOURSAY ‘Someone in Bank Negara too could be charged as an accomplice.’
WSJ uploads Najib-1MDB money trail docs online
Ferdtan: PM Najib Razak’s worse nightmare is about to begin with the release of bank documents relating to the transfer of RM2.6 billion of money into his personal accounts in AmIslamic Bank Bhd.
The obvious reason for The Wall Street Journal (WSJ) to upload the documents online for all to view was to pre-empt any legal injunctions which could come from the courts.
Once this goes to court, it may restraint any person/persons to discuss matters concerning the case as it may be said that they are sub judice until the actual court hearings.
It is reasonable to draw that conclusion as in another article here in Malaysiakini , it was reported that Umno lawyers were scrambling to file a suit in the United States against Dow Jones, the publisher of WSJ.
With regard to the overseas transaction which was in the form of two tranches of US$619,999,988 and US$60,999,988 - from Tanore Finance Corp, through the Falcon Private Bank, and allegedly into Najib’s personal accounts in AmIslamic Bank - the complicity of the central bank cannot be denied.
Someone in Bank Negara could be charged as an accomplice. Those were colossal sums of not only in local currency, but in foreign currency (US dollars), which needed to be converted to ringgit.
Why, after more than two years nothing was made known about the alleged transactions by Bank Negara until a foreign news publication exposed it?
Heads must roll, not only Najib’s, but also the heads of the relevant public institutions, especially the central bank. This can be considered as an economic sabotage against the country.
FellowMalaysian: With the uploading of the remittance records of the US$700 million that has found its way into Najib's personal bank account, WSJ has just provided the hard evidence that were demanded by its detractors who have claimed earlier that the veracity of WSJ's revelations need to be established first - short of calling WSJ's report tawdry.
WSJ's doubters, who included ministers Hishammuddin Hussein and Khairy Jamaluddin, should now be convinced that WSJ's reporting on the 1MDB funds were based on hard facts and data.
WSJ's latest uploads has also forced some well-respected civil institutions and banks into an embarrassing corner.
Bank Negara, for one, may find it hard to answer why they had let 'slipped' the remittance of US$621 million since March 2013.
Negarawan: Checking and verifying the account details and transactions could be done in a matter of minutes. This is quite disgraceful for Bank Negara and AmBank when WSJ could reveal all the details well ahead of them.
Even the Monetary Authority of Singapore had to do the job of Bank Negara in investigating and reporting the abnormalities in 1MDB accounts.
Where is the professionalism of Bank Negara and AmBank? Or are they politically subservient to the powers-that-be?
CQ Muar: Indeed, what is baffling is why both AmIslamic Bank and Bank Negara kept silent over such hefty sums being involved and transacted under the personal accounts of Najib way back in 2013?
Wasn't there sufficient reason for suspicion that something was amiss as to the source of the US$700 million, which was allegedly deposited into Najib's AmIslamic personal accounts?
For such incompetence and lack of responsibility (for whatever reason), both these institutions needed to provide full disclosure. For that matter, even Affin Bank shouldn't be spared.
Abasir: I don't know how Bank Negara governor Zeti Akhtar Aziz is going to wiggle her way out of this.
Unless she can prove that all the warning lights that should have lit up between AmBank and Bank Negara on transactions like these were purposely fused... like that bulb at PWTC .
If that is the case, then AmBank has also been party to this alleged grand heist. The documents uploaded by the WSJ look pretty authentic.
And yes, the passports of the PM, his wife and his many runners should be impounded immediately because they are a flight risk.
Saphire: I think those WSJ documents are genuine. In fact, we can verify it by referring to officers’ identification numbers on the slips.
If there really exist such identification numbers - and there are quite a number of them - in all probability the documents are genuine and certainly proved that such huge sums of money went into the accounts.
JD Lovrenciear: This is what we call a 'done deal'. Najib is well-cooked. He should have listened to all our humble advice over the past few months.
But he chose to dance to the drumbeats of his lapdogs. Now they too better be prepared to be hauled in.
Hplooi: You can see that the so-called task force has been conducting a rearguard action all this while.
When the first frontal assault by WSJ forced their hands, the task force merely acknowledged the matter but provided scant information to the public. It is only after this latest expose that the task force is 'forced' to freeze the accounts.
I believe the Umno chieftains are now huddling around to horse trade with Najib. The aim would be to maintain the current power structure.
Every Umno warlord (including former PM Dr Mahathir Mohamad) has as his interest to preserve the corrupt hegemonic system. And only the Malays can stop this; the non-Malays have been so disenfranchise that their voices no longer matter.
From Penang: It is sad but it is crystal clear the data from WSJ indicated the PM has allegedly committed a crime. His tactics to divert attention no longer work.
Please step down and face the consequences. Those in BN should think twice about standing behind the PM.
Einstein: As calls for the right decent thing to be done by leaders are stubbornly ignored, the rakyat feel helpless. The leaders then think they can get away with it and will continue as if it’s business as usual.
We need to break out of this vicious circle of inertia. The rights and faith of the people must prevail to restore integrity into the system.
Anonymous #70881335: Najib is already a lame duck PM. Instead of running the country, he runs around putting out personal 'fires'. This is bad for Malaysia.
Only sad thing is there is no obvious replacement for him. It is time for Malaysians to demand quality leadership, in ability and honesty.
Is this too much to ask for? I certainly hope not.
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