YOURSAY | ‘I suppose we should have known better - he has the same DNA as his brother.’
CIMB probe: Nazir didn't misuse his position to disburse US$7m
Kingfisher: It is possible that CIMB chairperson Nazir Razak is laughing all the way back to the bank after this exoneration.
Strange, if not amusing, that the investigation finds that there is "process shortcomings" as a contributory causal factor while the very chief of the bank responsible for accountability is not found blameworthy.
Many ordinary people would have expected Nazir to have voluntarily resigned given his reasonable pontification in recent months on responsibility and accountability and apprehension of poor consequences to the credibility of 1MDB due to management shortcomings.
Existential Turd: If someone (even if he is my brother) asks me to carry millions of dollars while going abroad, I would think twice for I could be charged with money laundering.
Shouldn't a banker be even more circumspect? Even if he is not guilty of outright corruption, he is guilty of negligence. Another CEO would have been fired and perhaps charged in court.
Boonpou: I don't even understand why it is even necessary to have an "internal" investigation of whether PM Najib Razak's brother has committed an offence.
The eventual finding is a forgone conclusion. Or have we forgotten this is Malaysia? Best to not vote and allow the plundering to continue. Let the country rot further.
One day, perhaps, the majority will wake up, if you know what I mean by "majority". I want to be optimistic. We peninsular Malaysians cannot continue to be that misinformed as our brothers and sisters from Sarawak, right?
Vijay47: It must be quite a relief. No, I don't mean Nazir being found to have not misused his position nor indulged in anything improper.
The relief must be over the fact that the review was conducted by a CIMB internal team investigating its chairperson. And, surprise, surprise, they found that Nazir was not guilty of anything.
Just two questions, Nazir. Why do you now wish that you had not helped Najib, after all, everything was kosher?
Secondly, had it been anyone other than your brother, would you have done the same thing you did? And your "not sure of any other source of the funds" is so Najib.
Pemerhati: The findings of the CIMB board are as reliable as attorney-general Mohamed Apandi Ali's findings which stated that Nazir's elder brother Najib had not done any wrong when he received a large number of "American pies".
If the board members had come to any other conclusion, they would have lost their jobs before you could even say 'Gani Patail', and they would not have been allowed to make their decision public.
Anonymous 29051438068738: One thing we have to acknowledge about these Razaks is their unparalleled ability at playing the 'unfairly accused' when caught either with their pants down or with both their hands allegedly in the 1MDB till.
It is an inherited ability. The only thing that every one of them regrets is being found out. Everything else, it seems, is simply par for the course.
Karma: Nobody is interested about this internal investigation, except Nazir and his gang.
We are more interested to know if the Anti-Money Laundering Act and tax laws had been violated. Did he do a due diligence check? Was the relevant tax paid?
Anonymous 122461436161429: Leaving the bank aside, what about his action? He accepted allegedly dirty money and helped his brother to allegedly launder it.
The monies he distributed may have been bribes. Did he ask where it came from? Were taxes paid on this colossal sum?
I wouldn't want this kind of banker running my bank and he should resign and reveal the answers to the above questions publicly and lodge police reports.
Hamzah Paiman: I think Nazir should be commended for the way he conducted himself throughout this accusation. If only all politicians can follow suit.
Anonymous$&@?: The outcome was as expected. If this was someone else, he would already have been fired.
Luckily, the court of public opinion is independent from the CIMB internal probe.
FairMind: Yes, there is no misuse of his position as Malaysia has a very, very low standard of accountability.
If his brother could have RM2.6 billion transferred into his personal bank account and 1MDB could pay billions of ringgit to an allegedly fake company without being held accountable, what is US$7 million?
If a CEO tries that in other banks in another country or if that happens in a public company in Malaysia, he would be terminated immediately.
Mind you, he has openly admitted his misdemeanour and we see no action from either the Malaysian Anti-Corruption Commission, the police or the Election Commission so far.
If he is from the opposition party, all hell would have broken loose like Teoh Beng Hock, who was allegedly driven to suicide for a paltry sum of RM2,400.
Imagine, a bank CEO allegedly helping to distribute money to politicians in a general election and not only nothing happens, but he was cleared by his fellow board members.
Anonymous 273021436761739: Nazir can return as chairperson of CIMB but his integrity has been damaged, just like former Bank Negara governor Zeti Akhtar Aziz.
Drngsc: Say what you like, CIMB board. Nazir helped to allegedly launder money for his brother. He has lost his integrity and moral standing.
I suppose we should have known better - he has the same DNA.
Anonymous 29051438068738: So there are two banks we know of allegedly actively involved in money-laundering activities. No, make that three, including the one called Bank Negara.
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