Monday, July 25, 2016

Najib’s spectacular carnival of thievery...

Among all the questions triggered by the announcement last week that the US government had seized US$1 billion from assets stolen from 1Malaysia Development Bhd since 2009, the biggest one is perhaps this: How on earth did they think they could get away with it?

That cool billion announced by US Attorney General Loretta Lynch was only a small part of the total. Billions are gone, and gone so utterly flamboyantly. Usually stealing money is done in the dark, as quietly as possible.

Did the Prime Minister of Malaysia, Najib Razak, and his merry band, especially Jho Taek Low, the Penang-born wunderkind, simply believe nobody would notice as the billions would disappear irretrievably into real estate in New York and California, into a US$35 million executive jet, into Las Vegas gambling debts, into paintings by Vincent Van Gogh and Claud Monet, into a billion or so into Najib’s personal account, into a vast outlay of personal jewelry adorning Najib’s wife Rosmah Mansor?

Nobody would remember that shopping trip aboard a private jet by Rosmah to Dubai that was disguised as a trip to collect an award in Turkey? The shopping trips to Monaco and Milan and New York and Paris? The stunningly garish wedding on the island of Langkawi last year for Najib’s daughter? It has been called one of the most lavish in history. Full story...

Related posts:
  1. Malaysia’s prime minister Najib finally in danger?
  2. Malaysia disaster: 1MDB: The United States v The Wolf of Wall Street...
  3. Singapore shocks its neighbor to the north...
  4. Lots of Malaysians in Panama Papers...
  5. Goldman Sachs banker embroiled in massive overseas money scandal...
  6. Swiss freeze assets of Malaysian state fund...
  7. Malaysia fund at centre of scandal engulfing PM Najib Razak made...
  8. Malaysia’s prime minister Najib has allegedly spent ‘millions’ on luxury goods...

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