Low on proof to throw

After more than two years of deep investigations against financial wiz-kid and businessman Low Taek Jho or Jho Low, Police finds no evidence of him being involved in 1MDB so called financial fiasco.

The Star story:

IGP: Investigations reveal no link between Jho Low and 1MDB

NATION

Wednesday, 7 Mar 2018
10:58 PM MYT

by m. kumar

image: https://www.thestar.com.my/~/media/online/2018/03/07/15/12/jholow-080413.ashx/?w=620&h=413&crop=1&hash=294A3E8AE7AB8636B21593BA2589EFBA21C3B27D

Read more at https://www.thestar.com.my/news/nation/2018/03/07/igp-no-link-between-jho-low-equanimity-yacht-seizure-and-1mdb/#ihjeHCbrDF546t1q.99

PETALING JAYA: There is no link between Low Taek Jho (pic), also known as Jho Low and 1Malaysia Development Berhad (1MDB), says Tan Sri Mohamad Fuzi Harun.

The Inspector-General of Police said an investigation had already been carried out by the police based on the findings of the Public Accounts Committee (PAC) in April 2016.

“Based on that investigation, Low never worked for the company nor did he make any business decision for the company.

“All business decisions were made by the 1MDB board of directors,” he said in a statement on Wednesday.

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Eve_Business_Audience,Eve_Prog_Business,all,tsol,Eve_Automotive,Eve_Affluent_Audience,Fatin_GSC_Insight_ALL,Eve_Prog_Lifestyle

Mohamad Fuzi, however, added that the investigation is still ongoing and action would be taken if any new evidence implicating Low surfaces.

He added that the seizure of the Equanimity yacht in Bali was merely a civil forfeiture against Low and not against 1MDB.

“Bukit Aman has not received any request for assistance from the US Department of Justice (DoJ) or Indonesian authorities over the seizure of the Equanimity yacht,” he said.

It was reported that Indonesia on Feb 28 seized a luxury yacht on the island of Bali sought by the DoJ as part of a multibillion-dollar corruption investigation linked to 1MDB.

Following the seizure, a spokesperson for Low, named as a key figure in US lawsuits, said the DoJ has stayed asset forfeiture proceedings in this case and has still not taken any steps to prove that any impropriety occurred

Read more at https://www.thestar.com.my/news/nation/2018/03/07/igp-no-link-between-jho-low-equanimity-yacht-seizure-and-1mdb/#fgd4sYyh55VDdIdC.99

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

This revelation by IGP Tan Sri Mohamed Fuzi is grossly against popular notion brought upon the compounded lies by Sarawak Report Clare Rewcastle Brown and later by Fourth Prime Minister Tun Dr. Mahathir Mohamad.

They are in cohort with Neo Jewish Controlled foreign media in the same of Wall Street Journal to perpetuate and compound the spin and lies, especially in the eyes of the global perspective.

In all instances of the so-called 1MDB financial fiasco, there is no evidence to link alleged ‘master criminal’ Jho Low to linked to 1MDB is anyway. Yet, this notion was manipulated, lied upon another lie many times over and hyped over, that in the minds of many he is the Chief Pirate.

Never mind the Parliamentary Public Accounts Committee concluded in 2016, finds no offence been committed except by the Management and Board of Directors of 1MDB.

One interesting case is the linkage between 1MDB and Equanimity.

The recent seizure of Super Luxurious Yacht Equanimity in the waters off Bali by Indonesian Police and splurged globally as a ‘triumph’ in the case of against “Cheats, Plunders and Pillages of State Wealth and Kleptocracts”, came is a very much awaited ‘capital’ for the wankers who are so trapped in this propestoreous story concocted by Rewcastle-Brown.

Even Pakatan Rakyat Chairman and de facto marionette Opposition Leader Tun Dr. Mahathir was so thrilled about the 91m Super Luxurious Yacht impounded by Indonesian maritime authorities,  that he blogged about it.

CheDet blog:

KAPAL LAYAR EQUANIMITY 

KAPAL LAYAR EQUANIMITY

1.​Samada kapal layar Equanimity milik Malaysia atau tidak bukan soalnya. Yang menjadi masalah ialah kapal ini dimiliki oleh Low Taek Jho atau Jho Low dengan mengguna duit 1MDB. Pembelian ini adalah satu cara untuk bersihkan wang 1MDB yang Dept. of Justice, Amerika Syarikat dakwa diselewengkan (curi) oleh Jho Low.

2.​Jho Low adalah sahabat karib Najib dan Rosmah. Najib adalah Penasihat berkuasa penuh syarikat milik Kerajaan 1MDB. Tidak ada keputusan boleh dibuat oleh 1MDB tanpa persetujuan Najib.

3.​Ini bermakna Najib perlu tahu dan bertanggungjawab akan apa terjadi kepada wang 1MDB sebanyak 1 billion Ringgit yang diguna oleh Jho Low untuk bina/beli kapal layar Equanimity.

4.​Sepatutnya Najib mengaku duit ini diberi kepada Jho Low untuk beli kapal. Jika tidak diberi oleh Najib, sebagai orang yang bertanggungjawab dalam 1MDB, Najib perlu lapor kepada polis supaya polis dapat pertolongan Interpol untuk dapat balik 1 billion Ringgit duit 1MDB. Jika dakwaan oleh Dept. of Justice, Amerika Syarikat bahawa Jho Low mencuri duit 1MDB untuk beli kapal layar bagi membersihkan duit yang dicuri, adalah tidak benar, maka Najib perlu protes kepada Dept. of Justice. Tetapi Najib tidak buat apa-apa.

5.​Yang kita dengar ialah A.G. (Pendakwa Raya) menyatakan Najib tidak lakukan apa-apa kesalahan. Bolehkah Najib berdiam diri jika ada dakwaan bahawa duit 1MDB telah dicuri, sedangkan ia bertanggungjawab sepenuhnya dalam pengurusan 1MDB.

6.​Di Singapura beberapa orang telah dituduh dan di penjara kerana selewengkan duit 1MDB. Beberapa bank ditutup oleh Kerajaan Singapura kerana terlibat dengan kehilangan duit 1MDB. Di Switzerland dan di Luxembourg juga terdapat tindakan terhadap penyelewengan duit 1MDB.

7.​Tetapi di Malaysia kehilangan duit 1MDB, salahguna duit 1MDB, pengurusan yang tidak bertanggungjawab, pemindahan masalah dan pengurusan 1MDB kepada Kementerian Kewangan, penglibatan Perdana Menteri, laporan-laporan oleh Bank Negara, MACC dan PAC, kehilangan berbillion duit 1MDB, Jho Low, kapal Equanimity berharga 1 billion Ringgit yang didakwa dicuri dengan duit 1MDB, tindakan polis Indonesia dan FBI Amerika merampas kapal yang dimiliki Jho Low secara haram, – tidak ada tindakan yang diambil oleh polis atau Kerajaan Malaysia. Kata A.G. tidak ada salahlaku oleh Najib. Kes tutup. Empat buah negara dakwa duit 1MDB dicuri oleh Jho Low, A.G. Malaysia kata tiada apa-apa yang berlaku. Semua okay.

8.​Apa jenis Kerajaan ini. Berbillion Ringgit duit Kerajaan lesap. Duit ini dipinjam. Kita kena bayar. Rakyat kena bayar. Kerajaan tak tahu apa.

9.​Kerajaan bisu. Perdana Menteri bisu. Menteri bisu. Wakil Rakyat Kerajaan bisu.

10.​Apakah mulut tersumbat terlalu banyak dedak yang mereka semua bisu.

11.​Sudah sampai masanya Malaysia tukar Kerajaan. Sudah sampai masanya Kerajaan baru dipilih untuk siasat segala-gala yang tidak disiasat oleh Najib dan A.G. jinaknya.

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

Then it a major embarrassment that quite quickly it was revealed that Equanimity belongs to someone else. It is not even owned by Jho Low as he has been wrongfully accused. And worse still, Malaysian GLC 1MDB got nothing to do with it all.

Then, suddenly news from United States broke which literally embossed pig skin drenched in the filthiest mud deep into Dr. Mahathir’s face. US DoJ cut a deal with Red Granite, which one of the entity in the report made by Khairuddin Abu Hassan and Matthias Chang to the DoJ about the whole nonsense of the 1MDB compounded cases,

Bloomberg story:

‘Wolf of Wall Street’ Producer Settles U.S. Forfeiture Suit

Updated on
  • Settlement also covers ‘Daddy’s Home,’ ‘Dumb and Dumber To’
  • The lawsuit is among more than two dozen 1MDB-linked cases
Leonardo DiCaprio filming on location for ‘The Wolf Of Wall Street’ in New York on Aug. 25, 2012.Photographer: James Devaney/WireImage/Getty Images

The producer of “The Wolf of Wall Street” settled a forfeiture lawsuit by the U.S. Justice Department alleging the movie was funded by money siphoned from a Malaysian state investment fund.

Lawyers for Red Granite Pictures Inc., which was co-founded by Riza Aziz, a stepson of Malaysian Prime Minister Najib Razak, said in a filing Friday in federal court in Los Angeles that they have reached a “settlement in principle” with the government.

Terms of the settlement weren’t disclosed. It will also cover U.S. forfeiture claims against the producer’s rights and interests in two other pictures, “Daddy’s Home” and “Dumb and Dumber To.”

“We are glad to finally put this matter behind us and look forward to refocusing all of our attention back on our film business,” Red Granite said in a statement.

The complaint against the 2013 picture, directed by Martin Scorsese, is among more than two dozen forfeiture lawsuits filed by the U.S. against $1.7 billion assets that were allegedly acquired with money stolen from 1Malaysia Development Bhd. The assets include mansions in Beverly Hills, California, luxury condos in New York, jewelry and artworks.

The Justice Department sought the profits, royalties and distribution proceeds that are owed to Red Granite Pictures. The movie starring Leonardo DiCaprio took in $392 million in worldwide ticket sales, according to the website Box Office Mojo.

Bombardier Jet

Riza is a friend of Low Taek Jho, also known as Jho Low, the Malaysian financier whom the U.S. alleges orchestrated the scheme to loot $4.5 billion from the Malaysian fund going back to 2009. Of the allegedly stolen money, $1.7 billion has been traced to assets in the U.S. and U.K., including a stake in New York’s Park Lane Hotel, a stake in EMI Music Publishing, a $35-million Bombardier Jet, and a $30-million penthouse at Time Warner Center.

Trusts for Low and his family are fighting lawsuits seeking to forfeit those assets.

The Justice Department last month asked a judge to put the civil forfeiture lawsuits on hold because it doesn’t want to have disclose the identities of witnesses and other sensitive information while it’s pursuing a parallel criminal investigation.

U.S. prosecutors in June escalated its efforts to recover assets they claim were acquired with stolen funds by filing a second round of 1MDB-related forfeiture lawsuits. The new claims include a $1.29 million heart-shaped diamond and a $3.8 million diamond pendant Low gave in 2014 to his then-girlfriend, actress Miranda Kerr. Low allegedly also gave a $3.2 million Picasso painting to DiCaprio, according to the new lawsuits.

Thom Mrozek, a spokesman for the U.S. attorney’s office in Los Angeles, declined to comment because some details of the settlement haven’t been finalized yet.

The case is U.S. v. “Wolf of Wall Street,” 16-05362, U.S. District Court for the Central District of California.

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

This is a landmark decision reached on the case which given a volcanic eruption sensation when US AG Loretta Lynch, together with DoJ and Inland Revenue Service announced on 20 July 2016.

One, there was never any criminal charges ever brought upon to any of the personalities specifically named in AG Lynch’s mega shocking announcement, anywhere in any criminal court, for the purported white collar crimes of “Cheating, stealing, money laundering and Kleptocracy”.

It was repeated again exactly a year later.

Two, the accuser (in this case United States Govt authorities such as the US AG’s chambers, Department of Justice, Inland Revenue Service and Federal Bureau of Investigations) actually sat down with those they accused with all sorts of criminal activities but without ever throwing the book at them.

They negotiated for a year!

Three, the outcome is an out-of-court settlement was reached and Red Granite shall pay up a sum of USD60m, case is closed and the latter can go about with their business.

Four, this is a very interesting point. Red Granite and personalities involved decision to reach this out-of-court settlement with DoJ does not tantamount to ‘an admission of guilt’.

Five, this a clear evidence that everything in United States is for sales and has a price, Even the US AG and DoJ!

Six, there isn’t a need to ask how much from the USD60m obtained from Red Granite would be returned back to in AG Lynch’s own words, “The people of Malaysia”. Although, this should be the bottomline of DoJ and other US law enforcement authorities civil case for the planned forfeiture of so many assets worth USD billions!

The penny has been dropped. The cat out of bag. The old man is caught with his pants down because it was his trusted aides who made the reports based on manipulation of actual facts and compounded with lies, to hoodwink Malaysians..

Dr, Mahathir’s strategy of sowing hatred failed miserably on the third anniversary of his open movement to oust Prime Minister Dato’ Sri Mohd. Najib Tun Razak,

Then again, he failed and transpired over every time since exactly the past three years ago, to a point four of His Majesties and His Royal Hignesses the Seri Paduka Yang DiPertuan Agong and Malay Sovereign Rulers treated him as a Persona Non Grata.

 

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Published in: on March 7, 2018 at 23:15  Leave a Comment  

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