Praeter opportunus oculus

It is pertinent to determine the motive of WSJ Financial Editor Ken Brown’s rabid markings on the USD690million ‘donation’ which allegedly credited into Prime Minister Dato’ Sri Mohd. Najib Tun Razak’s personal Ambank account did not originate from individuals of Saudi but monies schemed of transactions relating to 1MDB.

Pro-Anwarista news portal story:

RM2.6 billion in Najib’s accounts not from Saudis, says WSJ editor

Published: 18 February 2016 9:21 PM

WSJ finance editor has refuted that the RM2.6 billion ‘donation’ in Datuk Seri Najib Razak’s accounts did not come from the Saudi royal family as stated by the attorney-general. – AFP file pic, February 18, 2016.
WSJ finance editor has refuted that the RM2.6 billion ‘donation’ in Datuk Seri Najib Razak’s accounts did not come from the Saudi royal family as stated by the attorney-general. – AFP file pic, February 18, 2016.
The billions of ringgit that ended up in Prime Minister Datuk Seri Najib Razak’s accounts did not come from the Saudi royal family, but companies related to 1Malaysia Development Berhad (1MDB), The Wall Street Journal (WSJ) finance editor Ken Brown said.

Brown told Australia’s ABC News in an interview that they had evidence to back this up, and that ongoing international investigations into 1MDB would likely lead authorities to Najib.

“Our reporting has shown for months now that the money did not come from the Saudis but it came via a bunch of companies and bank accounts related to 1MDB.

“Our story hasn’t been called into question yet and we have lots of evidence to back that up,” said Brown in the interview, which was uploaded onto ABC News on February 12.
He said the “real action” now were the overseas investigations into 1MDB, and said information would slowly trickle out in the next few months.

“I think, you know, it will be hard to keep it away from the PM,” said Brown, referring to the direction of the investigations.

Brown added he believed Attorney-General Tan Sri Mohamed Apandi Ali’s proposed amendments to the Official Secrets Act 1972 came about because the government wanted Malaysians to stop talking about the money Najib received.

Calling the proposed amendments an “extreme action”, he said it was no surprise that it was mooted shortly after Apandi directed investigations into the funds be closed.

“They’ve gotten a big backlash from that and now they come out and say no one can speak about that,” said Brown.

He said the proposal to charge journalists who refused to disclose their sources was also a move to cripple news organisations.

“Last year they shut down a couple of news organisation that had been reporting on the scandal. So this is part of that.

“They’re really trying to limit hat because the more they come down the more it looks worse for the government.”

In July last year, WSJ and the Sarawak Report reported that SRC International Sdn Bhd had transferred RM42 million into Najib’s personal bank accounts.

The sums were transferred between December 2014 and February 2015 through SRC International’s subsidiaries, Gandingan Mentari Sdn Bhd and a separate company, Ihsan Perdana Sdn Bhd, a private company set up to manage 1MDB’s corporate social responsibility contributions.

But after six months of investigation, Apandi on January 26 said there was no criminal wrongdoing as the funds Najib received was a donation from “the Saudi royal family”. – February 18, 2016.

– See more at: http://www.themalaysianinsider.com/malaysia/article/rm2.6-billion-in-najibs-accounts-not-from-saudis-says-wsj-editor#sthash.LEHQjJU1.dpuf

**************

It is true WSJ broke to story last July which drew unprecedented controversy on the public perception towards Prime Minister Najib. However, it is not necessarily the complete truth what Brown wrote and WSJ published.

The fact is that, PAC and Auditor General have yet to complete their investigations. What is known so far, the Rupert Murdoch’s WSJ and Open Society Foundation funded rogue London-based-blog which started to demonise BN leadership in sarawak and then Sabah, Sarawak Report, claims have not been substantiated with indisputable evidence.

1MDB ‘Rationalisation Plan’ briefed to the Cabinet on 29 May with a deadline of sort out all the RM42billion financial commitments and borrowings, within one year.

What is interesting about the whole 1MDB scandal is that so many parties, be it rogues like Khairuddin Hassan, Matthias Chang, Opposition MPs such as Tony Pua and Rafizi Ramli and foreign media have been incessantly harping on the notion that its under watchful eyes of the world community.

They are bent on authorities such as the Americans, British, Swiss, Hongkies and Singaporeans are coming with the deadliest forensics to catch the criminals, which insinuates the involvement of Prime Minister Najib.

The fact is that non of these authorities ever in touch with 1MDB or the Attorney General, to require their co-operation so that investigations are on its way.

So many trumpeting not no real fire to justify the smokes they have claimed, so many within the international community is irritated about.

The western media, particularly the ones funded by Neo Con Jewish communities are incessant to be an effective tool in demonising Prime Minister Najib and cast a negative perception against the Malaysian Government.

The most recent WSJ story by Ken Brown is an example how the Neo Con Jewish controlled media is trying to hype and harp that the USD690million ‘political donation from Saudi individuals of the Kingdom’s Royal family’ is actually monies embezzled from 1MDB related transactions.

Even BBC carried the story, as per how Attorney General Tan Sri Append Ali proclaimed it to be.

Saudi gift to Malaysia PM Najib Razak ‘for election campaign’

By Frank Gardner
BBC News
27 January 2016
From the section Asia
Malaysia’ Prime Minister Najib Razak (C) reacts as he walks towards his car after attending a parliamentary session in Kuala Lumpur on 26 January 2016Image copyrightAFP

Najib Razak has consistently denied allegations of corruption
The $681m (£479m) deposited in the bank account of Malaysian PM Najib Razak by Saudi Arabia was to help him win the 2013 elections, a Saudi source says.

Malaysia’s attorney general cleared Mr Najib of allegations of corruption on Tuesday after ruling that the money was a donation from the Saudi royal family.

Mr Najib had denied that the money came from state investment fund 1MDB.
The Saudi source said the donation was made amid concern in Riyadh about the influence of the Muslim Brotherhood.

At the time, Malaysia’s opposition alliance included the Pan-Malaysian Islamic Party (PAS). Its founders were inspired by the Brotherhood, although there is little evidence the Brotherhood actually has much support in Malaysia.

Mr Najib’s coalition went on to win the election, but with one of its poorest showings in more than 50 years in power.

Malaysia’s ‘mysterious millions’ – case solved?
1MDB: The case riveting Malaysia
Profile: Najib Razak
The secretive donation to Mr Najib was allegedly paid over in several wire transfers between late March 2013 and early April 2013, just ahead of the election on 5 May.
The well-placed Saudi source, who has asked not to be named, told the BBC the payment was authorised from the very top – from Saudi Arabia’s late King Abdullah – with funds coming from both his personal finances and state funds.

Saudi Arabia’s King Abdullah speaks in 2014Image copyrightAFP
Image caption

A Saudi source said the donation was approved by the late King Abdullah
Prince Turki bin Abdullah, one of the king’s sons, is reported to have had extensive business dealings in Malaysia.
The purpose of the donation was simple, said the Saudi source – it was to help Mr Najib and his coalition win the election, employing a strategic communications team with international experience, focusing on the province of Sarawak, and funding social programmes through party campaigning.

But why should the Saudis care about an election in a non-Arab country more than 6,000 km (3,700 miles) away? The answer, the source said, lay in their concerns over the rising power of the Muslim Brotherhood, which they consider a terrorist organisation.

The Saudis were already upset at events in Egypt, where President Mohammed Morsi was busy consolidating the Brotherhood’s hold on the country.
Supporters of ousted Egyptian President Mohammed Morsi in Cairo in June 2012Image copyrightGetty Images
Image caption

Saudi Arabia was concerned by the rise of Mohammed Morsi’s Muslim Brotherhood in Egypt
It would be another three months before Mr Morsi was to be deposed by the army, and the Saudis were convinced that the opposition was being supported by the Brotherhood and Qatar, which backed the Brotherhood and other Islamist groups in the Middle East.

Very murky’
So how unusual is it for the Saudi royal family to hand over this amount of cash in a personal donation? Not at all, said the Saudi insider, adding that Jordan, Morocco, Egypt and Sudan have all been beneficiaries of multi-$100m donations from the Saudi royal purse.

“There is nothing unusual about this donation to Malaysia,” he said. “It is very similar to how the Saudis operate in a number of countries.”

Saudi Arabia was quick to support the overthrow of Mr Morsi in Egypt, providing the military-backed government with billions of dollars in aid and loans.

Malaysia’s Attorney-General Mohamed Apandi Ali shows money flow charts at a news conference in Putrajaya, Malaysia, 26 January 2016Image copyrightEPA
Image caption
Attorney-General Mohamed Apandi Ali says no further action needs to be taken on the donation
Jordan has been the beneficiary of more than $1bn in Saudi development funding, while Riyadh has deposited more than $1bn in Sudan’s central bank and signed deals to finance dams on the Nile. Morocco has been provided with oil, financing, investments and jobs in recent years.

However, questions are still being asked about the secretive and convoluted nature of the money transfer, and the fact that Malaysia’s prime minister returned 91% of it just four months later. The remaining $61m has not been accounted for.
A British corporate investigator with extensive experience of the Middle East told the BBC that the $681m was paid through the Singapore branch of a Swiss bank owned by the rulers of Abu Dhabi.

“It is very murky”, he said. “This case will never be fully cleared up until the Saudis and the Malaysians release all the transaction data, and that has not happened.”

There has been growing outrage in some circles in Malaysia that the attorney-general has closed the file on this case and cleared the prime minister of any offences.

Clare Rewcastle Brown, who has reported extensively on the issue for the Sarawak Report, said the claim that the payment to Mr Najib was a Saudi royal donation for political purposes needed to be treated “with considerable caution”.

She told the BBC that the $681m was far more likely to be connected to money raised by 1MDB, much of which is reported to have gone missing.

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So what is the agenda?

*Updated 2300hrs

Media statement by 1MDB on WSJ’s latest lies:

Media statement by 1Malaysia Development Berhad

Issued on 19 Feb 2016

For immediate publication

Wall Street Journal’s Allegations Baseless and Unproven

Contrary to the Wall Street Journal’s baseless and unproven allegations, 1MDB has consistently maintained that it has not paid any funds to the personal accounts of the Prime Minister. This has been reiterated by multiple lawful authorities including the Malaysian Anti Corruption Commission, the Malaysian Attorney General, and various reputable international publications, who have confirmed that these funds came from Saudi Arabia. To therefore suggest, as the Wall Street Journal has, that their reporting on this matter has never been called into question is not only disingenuous but an outright lie.”

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Published in: on February 19, 2016 at 09:30  Comments (3)  

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3 CommentsLeave a comment

  1. Look out folks we have someone big that likes to use big words. Incoherent ramblings. End is near. And you are a loser. Copy and paste is like 90% of your dumb pseudo intel write ups. Get a life bro. No one shops what you’re selling.

  2. i just love how you guys spin it out to make it rosy mosy… just sue wsj…make the effort…start the ball rolling…cause soon some heads will roll…

    it is not worth it anymore….

  3. […] the incessant rabid lies spewed were part of the strategy to demonise Prime Minister Najib, since the Opposition is unable to topple him or the BN Govt despite the intense tries since nine […]


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