YOURSAY | Punitive action should be taken against all parties concerned.
Najib's account - political beneficiaries who 'got a cut' revealed
Wg 321: Out of the RM2.6 billion received in his personal account, former prime minister Najib Abdul Razak distributed RM470 million to his Umno divisional heads and other allies in BN.
The balance of the RM2.6 billion was apparently not returned to his ‘Arab donor’, but it was deposited elsewhere. The ‘donor’ was indeed really short-changed.
If Najib and his cronies are unable to pay back the Malaysian taxpayers, the MACC should auction off all their properties to recover the money.
Clever Voter: Najib has to be the greatest gift of all to political parties and individuals that subscribe to the doctrines of BN.
It is no wonder that public outside of his ring sees Najib as a despicable character, and a hypocrite in every sense of the word. The revelation of the recipients of the dirty money confirms the initial fear when news of the 1MDB scandal broke out.
The challenge now is the recovery process, but more importantly, bringing the culprits to justice. If it means building more jail cells, so be it. It won’t be hard to find popular support for that.
Cocomomo: Punitive action should be taken against all parties concerned. Full restitution with punitive penalties must be imposed. Such thievery should not be tolerated.
Individuals concerned should be dealt the full measure of the law so that all persons will refrain from such acts in the future.
Ruben: It is disgusting to see such big amounts being given out to BN, especially Umno. Most probably, the money was used to buy the votes of the rakyat. I hope that this is returned to the government as it allegedly came from illegal sources.
So Umno, it looks like you are going to lose a lot instead of receiving the RM116 million cash that was seized from Najib-related residences.
The Election Commission (EC) should now relook at making political donations transparent and limit the amounts to be spent in an election. Also, no more approving of government projects during campaigning.
Tengkorak: This is grand theft. On a bigger scale than any other money laundering cases in the history of the world because so many people were involved.
I wonder if we have enough space in all our state facilities to house all the perpetrators.
Anonymous_45601d58: These parties should be charged for allegedly receiving stolen loot. They must pay back the people’s money.
If they have already spent the money, then their offices and belongings should be confiscated. There must be justice.
Quigonbond: Every current opposition party leader who received or authorised the receipt of money must face justice. We'll have a lot of by-elections soon.
It just goes to show BN were so drunk and arrogant with power they are not afraid to allegedly rob the public in broad daylight.
Headhunter: Umno, do you need any more proof that the money confiscated by the police was stolen and does not belong to you?
Now, you will not only not get back the money that you claim is yours, but you owe Malaysia RM417.4 million.
Anonymous_4d3917ce: If the money transferred to Umno, MIC, MCA and other former BN component parties can be traced to 1MDB, then MACC should start charging the respective parties and their leaders for receiving fraudulent funds.
JayWai: What kind of activities (that supposedly "benefit the people") did these political outfits run, with the millions channelled to them?
Ex-Wfw: How should we resolve this? Since the money was allegedly stolen from the national coffers and then ‘laundered’ illegally and secretly, all the recipients should be charged under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 to send the message that stealing money from the national coffers will be penalised accordingly.
Foxx News: No surprise here, really. Najib always claimed he did not take any money for personal use – knowing that the recipients as disclosed here would never make any noise as they benefited greatly.
Fair Mind: Is the exposé complete or is there more to come? This details only payments only to political parties. Where are the payments to a certain then-opposition party, to lawyers, to lawmakers and family members for personal use?
Where's the Market?: It goes without saying that the Umno branches involved will just die a natural death with funds being cut off.
The million-dollar question is whether the MIC and MCA branches can weather this financing drought, or will the members call it quits and join a political party where political and social deeds and funds flow both ways.
Tengkorak: This is a perfect case of money laundering. By calling it a donation, it was an attempt to conceal the source of money and then proclaiming that the money is ‘clean’ by getting it into the financial system without detection or arousing suspicion.
The money is thus ‘laundered’ using a lawful process, so that it loses its link to its source and appears to be derived from a legal source.
Once the funds are in the financial system, they can be transferred between different bank accounts, domestically or abroad, or used to buy goods and services.
The aim is to enable people with beneficial interests to enjoy the fruits of their illegal labour.
This makes perfect sense why Najib was well protected by BN and all other beneficiaries listed above.
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