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Showing posts with label Courts Crime. Show all posts
Showing posts with label Courts Crime. Show all posts

Wednesday, October 24, 2018

Ex-PM Najib, his treasury sec-gen Irwan & spy boss Hasanah charged with CBT RM6.63bil

https://youtu.be/ybg_Hkxw-yc
Keys officials: Hasanah (left) and Irwan


https://youtu.be/K3jgWOpmKpc

https://youtu.be/W1IPMaJ9KEQ

Ex-PM and Irwan slapped with six counts of CBT

http://clips.thestar.com.my.s3.amazonaws.com/clips/news/2018/NAJIB%20CASE.jpg


KUALA LUMPUR: Former prime minister Datuk Seri Najib Tun Razak has been brought to court several times but yesterday, he shared a dock at the Sessions Court with former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah.

The two were jointly charged with six counts of criminal breach of trust (CBT) involving funds totalling RM6.636bil that belongs to the government.

Najib, 65, was the first accused while Dr Mohd Irwan, 61, was named as the second accused.

According to the first two charge sheets, the two men were entrusted with dominion over RM1.2bil and RM655mil respectively, and committed CBT in respect of those sums.

The third charge alleges that Najib and Dr Mohd Irwan committed CBT relating to RM220mil in the government’s Federal Consolidated Fund. The amount was allocated for administration expenses for the Kuala Lumpur International Airport.

The RM1.3bil at the centre of the fourth charge was in the same fund and classified as an allocation for subsidy and cash aids.

The fifth and sixth charges were for allegedly committing CBT in respect of 1.95 billion yuan (RM1.261bil) and RM2bil.

All the offences were allegedly committed at the Finance Ministry office in Putrajaya between Dec 21, 2016, and Dec 18, 2017.

The charges were framed under Section 409 of the Penal Code and each carries a jail term of between two and 20 years with whipping, if convicted.

Offenders are also liable to fines. Section 409 covers CBT by public servants and agents.

Najib and Dr Mohd Irwan pleaded not guilty, with both replying “Minta bicara (I claim trial)” after each charge was read out by the court interpreter.

Former Federal Court judge Datuk Seri Gopal Sri Ram, who was appointed by the Attorney General’s Chambers to lead the prosecution, suggested bail at RM3mil each.

Najib’s lead counsel Tan Sri Dr Muhammad Shafee Abdullah objected, saying that his client had already paid RM4.5mil bail accumulatively for his previous 32 charges, an amount which could be “highest in the history of Malaysia”.

“A bail’s only criterion is to ensure his attendance and nothing else. It cannot be punitive. It cannot be oppressive,” he said, adding that his client’s accounts and assets had also been frozen.

Dr Muhammad Shafee asked the court to make an order for Najib to utilise the RM4.5mil bail for his current case.

Datuk K. Kumaraendran, who represented Dr Mohd Irwan, said the prosecution itself did not object to bail, which showed that his client was not a flight risk, and suggested bail of RM500,000 for his client.

Sri Ram replied that the court should not allow the first accused to utilise his RM4.5mil bail for the case as the charges were new.

“The sum we asked for is not fixed on the totality of the sum involved,” he said.

Sri Ram added that the second accused was paid “excessively” during his tenure as the Treasury secretary-general.

“This is not a tale of a good Samaritan. He is the trustee of the highest order of money in this country. He stands before you accused of breaching that trust.

“Any other sum would not reflect the justice of the case,” Sri Ram said.

Sessions Court judge Azman Ahmad allowed bail at RM1mil in two sureties for each of the accused.

He also ordered Dr Mohd Irwan to surrender his passport. Najib had surrendered both his civilian and diplomatic passports in his earlier court case.

The court also allowed for the accused to pay RM500,000 yesterday and to pay the balance in 10 days. Both accused paid the bail.

The case is set for mention on Nov 29. - The Star by nurbaiti hamdanroyce tan


Ex-spy chief Hasanah claims trial to US$12mil CBT




KUALA LUMPUR: Former spy chief Datuk Hasanah Ab Hamid has been charged with criminal breach of trust (CBT) involving US$12.1mil (RM50.3mil) belonging to the government at the Sessions Court here.

The former Malaysian External Intelligence Organisation (MEIO) director-general claimed trial before Judge Azman Ahmad on Thursday (Oct 25).

Hasanah, 61, who was charged in her capacity as a director-general of a research division, was accused of committing CBT in the Prime Minister's Department in Putrajaya between April 30 and May 9 this year.

The charge was made under Section 409 of the Penal Code, which provides a maximum 20 years' jail and whipping, as well as a fine upon conviction.

Lead Prosecutor Datuk Seri Gopal Sri Ram asked for a RM1mil bail.

Hasanah's counsel Shaharudin Ali, however, asked for the sum to be set at RM300,000.

Judge Azman Ahmad later set bail at RM500,000 in two sureties pending mention on Nov 29. - The Star by maizatul nazlinaroyce tan

Related stories:

MACC: Sixth CBT charge linked to RM2bil land sale

Najib’s team eager for battle 

 

(Updated) Najib, Irwan claim trial to 6 charges of CBT | New Straits Times ...

 

Najib to face RM6bil CBT charge - Nation


PUTRAJAYA: Datuk Seri Najib Tun Razak and a former key official of his government will be jointly charged with criminal breach of trust, said to involve more than RM6bil.

The former prime minister and former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah are expected to face six counts of allegedly committing CBT – all involving 1MDB.

The two are to be charged in the Kuala Lumpur Sessions Court over 1MDB’s dealings with Abu Dhabi’s wealth fund International Petro-leum Investment Company (IPIC).

Separately, another top official from the previous administration will also be charged in court.

Former spy agency chief Datuk Hasanah Abdul Hamid will also be charged with committing criminal breach of trust.

The Malaysian Anti-Corruption Commission said it had received the go-ahead from the Attorney General’s Chambers to charge Najib, Dr Mohd Irwan and Hasanah with committing criminal breach of trust involving the government’s money.

With Dr Mohd Irwan being hauled to court, it will be the first time a former civil servant is being charged in connection with the sovereign wealth fund scandal.

As for Najib, the number of charges against him is now close to 40. He is already slapped with a total of 32 charges today involving corruption, criminal breach of trust and money laundering.

Sources with knowledge of the case confirmed the number of charges and that the amount of money involved in the 1MDB-IPIC scandal “runs into billions”.

Yesterday, both Najib and Dr Mohd Irwan were summoned by investigators. Both came separately at 1.55pm and 3.25pm respectively.

At 5pm, Najib left the Malaysian Anti-Corruption Commission headquarters despite earlier speculation that he would be held overnight.

On the previous occasions, prosecutors had held the former prime minister and brought him to court the next day.

While Najib was released after giving his statement, MACC confirmed that Dr Mohd Irwan was arrested at 3.35pm and was being held overnight. Dr Mohd Irwan had made several trips to the MACC regarding the 1MDB-IPIC case, the last being on Aug 10.

Graft investigators had probed both Najib and Dr Mohd Irwan on 1MDB’s dealings over settlement payment of US$1.2bil (RM5.04bil) made to IPIC in 2017.

As for Hasanah, the former director-general of Malaysian External Intelligence Organisation is being charged with criminal breach of trust involving money belonging to the government.

She is being held answerable to committing one count of criminal breach of trust by misappropriating funds worth US$12mil said to be meant for the 14th General Election.

Despite earlier talk that Hasanah would also be held, sources said she was asked to present herself in court today instead.

Hasanah was among nine people who were remanded in September over the misappropriation of the fund. - The Star by mazwin nik anis and joseph kaos jr

Spotlight on Najib’s key officials


PUTRAJAYA: Datuk Seri Najib Tun Razak is to be hauled to court for a third time to face extra charges, but the spotlight will be on former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah and ex-spy boss Datuk Hasanah Abdul Hamid.

The two former top civil servants are expected to face a multitude of charges brought against them by the Malaysian Anti-Corruption Commission (MACC).

All three will have to present themselves today at the MACC headquarters here where they will be held overnight before being taken to the Jalan Duta Courts Complex in the morning.

While it will be the third date in court for the former prime minister, the fresh development involves Irwan and Hasanah, two key officials of Najib.

Irwan is expected face charges in connection with the 1MDB scandal while Hasanah, who headed the Malaysian External Intelligence Organisation (MEIO), is expected to be charged for alleged misappropriation of funds worth US$12mil (RM49mil).

Sources said Najib and Irwan will be charged in connection with 1MDB’s dealings with Abu Dhabi’s wealth fund, International Petroleum Investment Company (IPIC).

However, it could not be confirmed if Najib – who is expected to be slapped with six more charges – and Irwan will be jointly or separately charged.

Najib is already facing 32 charges of criminal breach of trust, corruption and money laundering.

Najib will first face the Public Accounts Committee (PAC) in Parliament this morning before heading to the MACC headquarters in the afternoon.

Sources familiar with the investigation said a statement would be recorded from Najib today. While they did not reveal the amount of the misappropriation involved in the six more charges expected to be slapped against him, one can expect the total to run into billions of ringgit.

“It is a lot of money involved here,” said an MACC source without elaborating.

Last week, Najib was called up twice by MACC to explain the payment of over US$1.2bil (RM5.04bil) made to IPIC by 1MDB in a settlement over a US$6.5bil (RM27.3bil) claim made by IPIC.

The settlement was triggered by 1MDB’s default on a bond payment due in 2016, which was guaranteed by IPIC in 2012 for the acquisition of two power plants. It is understood that Najib, who was chairman of the 1MDB advisory board, would be held liable for his role in the debt settlement.

It is, however, not known how many charges Irwan and Hasanah, both aged 61, will be facing. Irwan had been called up by investigators several times to be queried on the debt settlement between 1MDB and the Abu Dhabi wealth fund. His last session was on Aug 10.

Irwan had even lodged a report with MACC over the controversy involving the “missing” RM18mil in Goods and Services Tax (GST) refunds to determine if there were grounds for an investigation.

He later claimed that the allegation by the Pakatan Harapan government was baseless and that he lodged the report to enable the anti-graft body to investigate.

Finance Minister Lim Guan Eng had claimed in Parliament that the Barisan Nasional administration had stolen a total of RM18bil in GST refunds.

As for Hasanah, prosecutors are expected to bring several charges against her, mostly with committing criminal breach of trust.

She was among nine persons who were arrested in connection with misappropriating funds meant for the 14th General Election.

Hasanah, seven other former MEIO officers and a businessman were arrested in late August.

MACC deputy chief commissioner (operations) Datuk Seri Azam Baki was reported to have said that US$12mil (RM50.4mil) of government funds were allegedly misappropriated.

The cash was believed to have been brought in via air, possibly through the Kuala Lumpur International Airport.

Highly-placed sources in the anti-graft body had said that this needed to be looked into as it would be difficult to carry such a staggering amount of money undetected.

Malaysian law requires those bringing in US$10,000 (RM41,000) and above into the country to have it declared at the point of entry.

Investigators found out that the money was brought into the country in May.

Investigators also do not discount the possibility of the funds coming from 1MDB.

The MACC has already called several witnesses, including three foreigners, and at least 20 more witnesses will be tracked down to assist in the investigation, a source said.

MEIO was listed as the “research division” of the Prime Minister’s Department under the Barisan administration.

Hasanah had courted controversy after writing to US Central Intelligence Agency director Gina Haspel, appealing to the United States administration to support Najib.- The Star by mazwin nik anis


Related:

US$3.5bil is the focale of 1MDB-IPIC dispute - Nation



Rosmah and sons to be questioned by police tomorrow - Nation 




Ex-PM Najib, his treasury sec-gen Irwan & spy boss Hasanah charged with CBT RM6.63bil

https://youtu.be/ybg_Hkxw-yc
Keys officials: Hasanah (left) and Irwan


https://youtu.be/K3jgWOpmKpc

https://youtu.be/W1IPMaJ9KEQ


UMNO Irwan Serigar Has More Than 7000 Young Girls He Spends ...



Ex-PM and Irwan slapped with six counts of CBT

http://clips.thestar.com.my.s3.amazonaws.com/clips/news/2018/NAJIB%20CASE.jpg


KUALA LUMPUR: Former prime minister Datuk Seri Najib Tun Razak has been brought to court several times but yesterday, he shared a dock at the Sessions Court with former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah.

The two were jointly charged with six counts of criminal breach of trust (CBT) involving funds totalling RM6.636bil that belongs to the government.

Najib, 65, was the first accused while Dr Mohd Irwan, 61, was named as the second accused.

According to the first two charge sheets, the two men were entrusted with dominion over RM1.2bil and RM655mil respectively, and committed CBT in respect of those sums.

The third charge alleges that Najib and Dr Mohd Irwan committed CBT relating to RM220mil in the government’s Federal Consolidated Fund. The amount was allocated for administration expenses for the Kuala Lumpur International Airport.

The RM1.3bil at the centre of the fourth charge was in the same fund and classified as an allocation for subsidy and cash aids.

The fifth and sixth charges were for allegedly committing CBT in respect of 1.95 billion yuan (RM1.261bil) and RM2bil.

All the offences were allegedly committed at the Finance Ministry office in Putrajaya between Dec 21, 2016, and Dec 18, 2017.

The charges were framed under Section 409 of the Penal Code and each carries a jail term of between two and 20 years with whipping, if convicted.

Offenders are also liable to fines. Section 409 covers CBT by public servants and agents.

Najib and Dr Mohd Irwan pleaded not guilty, with both replying “Minta bicara (I claim trial)” after each charge was read out by the court interpreter.

Former Federal Court judge Datuk Seri Gopal Sri Ram, who was appointed by the Attorney General’s Chambers to lead the prosecution, suggested bail at RM3mil each.

Najib’s lead counsel Tan Sri Dr Muhammad Shafee Abdullah objected, saying that his client had already paid RM4.5mil bail accumulatively for his previous 32 charges, an amount which could be “highest in the history of Malaysia”.

“A bail’s only criterion is to ensure his attendance and nothing else. It cannot be punitive. It cannot be oppressive,” he said, adding that his client’s accounts and assets had also been frozen.

Dr Muhammad Shafee asked the court to make an order for Najib to utilise the RM4.5mil bail for his current case.

Datuk K. Kumaraendran, who represented Dr Mohd Irwan, said the prosecution itself did not object to bail, which showed that his client was not a flight risk, and suggested bail of RM500,000 for his client.

Sri Ram replied that the court should not allow the first accused to utilise his RM4.5mil bail for the case as the charges were new.

“The sum we asked for is not fixed on the totality of the sum involved,” he said.

Sri Ram added that the second accused was paid “excessively” during his tenure as the Treasury secretary-general.

“This is not a tale of a good Samaritan. He is the trustee of the highest order of money in this country. He stands before you accused of breaching that trust.

“Any other sum would not reflect the justice of the case,” Sri Ram said.

Sessions Court judge Azman Ahmad allowed bail at RM1mil in two sureties for each of the accused.

He also ordered Dr Mohd Irwan to surrender his passport. Najib had surrendered both his civilian and diplomatic passports in his earlier court case.

The court also allowed for the accused to pay RM500,000 yesterday and to pay the balance in 10 days. Both accused paid the bail.

The case is set for mention on Nov 29. - The Star by nurbaiti hamdanroyce tan


Ex-spy chief Hasanah claims trial to US$12mil CBT




KUALA LUMPUR: Former spy chief Datuk Hasanah Ab Hamid has been charged with criminal breach of trust (CBT) involving US$12.1mil (RM50.3mil) belonging to the government at the Sessions Court here.

The former Malaysian External Intelligence Organisation (MEIO) director-general claimed trial before Judge Azman Ahmad on Thursday (Oct 25).

Hasanah, 61, who was charged in her capacity as a director-general of a research division, was accused of committing CBT in the Prime Minister's Department in Putrajaya between April 30 and May 9 this year.

The charge was made under Section 409 of the Penal Code, which provides a maximum 20 years' jail and whipping, as well as a fine upon conviction.

Lead Prosecutor Datuk Seri Gopal Sri Ram asked for a RM1mil bail.

Hasanah's counsel Shaharudin Ali, however, asked for the sum to be set at RM300,000.

Judge Azman Ahmad later set bail at RM500,000 in two sureties pending mention on Nov 29. - The Star by maizatul nazlinaroyce tan

Related stories:

MACC: Sixth CBT charge linked to RM2bil land sale

Najib’s team eager for battle 

 

(Updated) Najib, Irwan claim trial to 6 charges of CBT | New Straits Times ...

 

Najib to face RM6bil CBT charge - Nation


PUTRAJAYA: Datuk Seri Najib Tun Razak and a former key official of his government will be jointly charged with criminal breach of trust, said to involve more than RM6bil.

The former prime minister and former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah are expected to face six counts of allegedly committing CBT – all involving 1MDB.

The two are to be charged in the Kuala Lumpur Sessions Court over 1MDB’s dealings with Abu Dhabi’s wealth fund International Petro-leum Investment Company (IPIC).

Separately, another top official from the previous administration will also be charged in court.

Former spy agency chief Datuk Hasanah Abdul Hamid will also be charged with committing criminal breach of trust.

The Malaysian Anti-Corruption Commission said it had received the go-ahead from the Attorney General’s Chambers to charge Najib, Dr Mohd Irwan and Hasanah with committing criminal breach of trust involving the government’s money.

With Dr Mohd Irwan being hauled to court, it will be the first time a former civil servant is being charged in connection with the sovereign wealth fund scandal.

As for Najib, the number of charges against him is now close to 40. He is already slapped with a total of 32 charges today involving corruption, criminal breach of trust and money laundering.

Sources with knowledge of the case confirmed the number of charges and that the amount of money involved in the 1MDB-IPIC scandal “runs into billions”.

Yesterday, both Najib and Dr Mohd Irwan were summoned by investigators. Both came separately at 1.55pm and 3.25pm respectively.

At 5pm, Najib left the Malaysian Anti-Corruption Commission headquarters despite earlier speculation that he would be held overnight.

On the previous occasions, prosecutors had held the former prime minister and brought him to court the next day.

While Najib was released after giving his statement, MACC confirmed that Dr Mohd Irwan was arrested at 3.35pm and was being held overnight. Dr Mohd Irwan had made several trips to the MACC regarding the 1MDB-IPIC case, the last being on Aug 10.

Graft investigators had probed both Najib and Dr Mohd Irwan on 1MDB’s dealings over settlement payment of US$1.2bil (RM5.04bil) made to IPIC in 2017.

As for Hasanah, the former director-general of Malaysian External Intelligence Organisation is being charged with criminal breach of trust involving money belonging to the government.

She is being held answerable to committing one count of criminal breach of trust by misappropriating funds worth US$12mil said to be meant for the 14th General Election.

Despite earlier talk that Hasanah would also be held, sources said she was asked to present herself in court today instead.

Hasanah was among nine people who were remanded in September over the misappropriation of the fund. - The Star by mazwin nik anis and joseph kaos jr

Spotlight on Najib’s key officials


PUTRAJAYA: Datuk Seri Najib Tun Razak is to be hauled to court for a third time to face extra charges, but the spotlight will be on former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah and ex-spy boss Datuk Hasanah Abdul Hamid.

The two former top civil servants are expected to face a multitude of charges brought against them by the Malaysian Anti-Corruption Commission (MACC).

All three will have to present themselves today at the MACC headquarters here where they will be held overnight before being taken to the Jalan Duta Courts Complex in the morning.

While it will be the third date in court for the former prime minister, the fresh development involves Irwan and Hasanah, two key officials of Najib.

Irwan is expected face charges in connection with the 1MDB scandal while Hasanah, who headed the Malaysian External Intelligence Organisation (MEIO), is expected to be charged for alleged misappropriation of funds worth US$12mil (RM49mil).

Sources said Najib and Irwan will be charged in connection with 1MDB’s dealings with Abu Dhabi’s wealth fund, International Petroleum Investment Company (IPIC).

However, it could not be confirmed if Najib – who is expected to be slapped with six more charges – and Irwan will be jointly or separately charged.

Najib is already facing 32 charges of criminal breach of trust, corruption and money laundering.

Najib will first face the Public Accounts Committee (PAC) in Parliament this morning before heading to the MACC headquarters in the afternoon.

Sources familiar with the investigation said a statement would be recorded from Najib today. While they did not reveal the amount of the misappropriation involved in the six more charges expected to be slapped against him, one can expect the total to run into billions of ringgit.

“It is a lot of money involved here,” said an MACC source without elaborating.

Last week, Najib was called up twice by MACC to explain the payment of over US$1.2bil (RM5.04bil) made to IPIC by 1MDB in a settlement over a US$6.5bil (RM27.3bil) claim made by IPIC.

The settlement was triggered by 1MDB’s default on a bond payment due in 2016, which was guaranteed by IPIC in 2012 for the acquisition of two power plants. It is understood that Najib, who was chairman of the 1MDB advisory board, would be held liable for his role in the debt settlement.

It is, however, not known how many charges Irwan and Hasanah, both aged 61, will be facing. Irwan had been called up by investigators several times to be queried on the debt settlement between 1MDB and the Abu Dhabi wealth fund. His last session was on Aug 10.

Irwan had even lodged a report with MACC over the controversy involving the “missing” RM18mil in Goods and Services Tax (GST) refunds to determine if there were grounds for an investigation.

He later claimed that the allegation by the Pakatan Harapan government was baseless and that he lodged the report to enable the anti-graft body to investigate.

Finance Minister Lim Guan Eng had claimed in Parliament that the Barisan Nasional administration had stolen a total of RM18bil in GST refunds.

As for Hasanah, prosecutors are expected to bring several charges against her, mostly with committing criminal breach of trust.

She was among nine persons who were arrested in connection with misappropriating funds meant for the 14th General Election.

Hasanah, seven other former MEIO officers and a businessman were arrested in late August.

MACC deputy chief commissioner (operations) Datuk Seri Azam Baki was reported to have said that US$12mil (RM50.4mil) of government funds were allegedly misappropriated.

The cash was believed to have been brought in via air, possibly through the Kuala Lumpur International Airport.

Highly-placed sources in the anti-graft body had said that this needed to be looked into as it would be difficult to carry such a staggering amount of money undetected.

Malaysian law requires those bringing in US$10,000 (RM41,000) and above into the country to have it declared at the point of entry.

Investigators found out that the money was brought into the country in May.

Investigators also do not discount the possibility of the funds coming from 1MDB.

The MACC has already called several witnesses, including three foreigners, and at least 20 more witnesses will be tracked down to assist in the investigation, a source said.

MEIO was listed as the “research division” of the Prime Minister’s Department under the Barisan administration.

Hasanah had courted controversy after writing to US Central Intelligence Agency director Gina Haspel, appealing to the United States administration to support Najib.- The Star by mazwin nik anis


Related:

US$3.5bil is the focale of 1MDB-IPIC dispute - Nation



Rosmah and sons to be questioned by police tomorrow - Nation 




Saturday, June 9, 2018

Malaysia can’t extradite Jho Low, key people in 1MDB saga

https://youtu.be/_6gFyKNI1JA https://youtu.be/tZDpDTXpVfE

Deep discussion: Dr Mahathir, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and National Centre for Governance, Integrity and Anti-Corruption director-general Tan Sri Abu Kassim Mohamed having a chat after a ministry event in Putrajaya. — Bernama

Deep discussion: Dr Mahathir, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and National Centre for Governance, Integrity and Anti-Corruption director-general Tan Sri Abu Kassim Mohamed having a chat after a ministry event in Putrajaya. — Bernama

KUALA LUMPUR: They know where he is. But they can’t get their hands on him.

That is the predicament that the authorities face in bringing back Malaysia’s most wanted man these days – Low Taek Jho better known as Jho Low.

Low is at the centre of the debt-laden and scandal-ridden 1Malaysia Development Bhd (1MDB) that is a thorn in the administration of the previous Barisan Nasional government.

Prime Minister Tun Dr Mahathir Mohamad said Low is in a country in which Malaysia does not have an extradition treaty with.

"We are trying to arrest Jho Low, but he is not in the country. And we do not have extradition rights in the country where he is at,” said Dr Mahathir without disclosing the country.

Legal experts say while it is not impossible to bring him back despite the absence of extradition treaty with the country, they cautioned this can be a long and tedious process.

Low has been identified as the mastermind behind 1MDB, which is the subject of investigations by Malaysian as well as international authorities for alleged corruption and money laundering.

1MDB accumulated debts of more than RM35bil in ringgit and US dollar denominated bonds in less than five years from 2009. Most of the money raised were placed outside Malaysia, which the Government is trying to recover.

Apart from Low, the principal officer in another 1MDB-related company is also on the wanted list.

The Malaysian Anti-Corruption Commission (MACC) has issued an arrest warrant for SRC International director Nik Faisal Ariff Kamil.

SRC International was a former subsidiary of 1MDB, which had allegedly transferred RM42mil into the personal account of former prime minister Datuk Seri Najib Tun Razak.

It issued two tranches of RM2bil debt papers in 2011 and 2012. The money was to be used to purchase resource based assets in the region. However, there are no assets to back the purchases.

MACC deputy chief commissioner (operation) Datuk Seri Azam Baki told Bernama there is no excuse for Low and Nik Faisal not turn up to facilitate investigations into the SRC International case.

“I refuse to comment on what action can be taken against both of them (Low and Nik Faisal Ariff Kamil). As far as I know, they cannot give any excuses and must present themselves,” he said.

Nik Faisal, 47, last stayed in Alam Impian, Shah Alam.

Low, 37, previously resided in Tanjung Bungah, Penang.

The Prime Minister’s Office in a statement earlier announced the setting up of a special task force to conduct detailed investigations, detection and seizure of assets and prosecution of individuals who committed any criminal offence in the management of 1MDB.

Meanwhile, sources said Low’s lawyers have yet to get in touch with the MACC.

It was earlier reported that Low had instructed his lawyers to make contact with the MACC after he was made aware they were seeking him for assistance.

By Mazwin nik anis, Wddie chua, Joseph kaos jr, and Royce Tan The Star

Other key people in the 1MDB saga



Related stories:

Legal eagles hired for 1MDB case


Malaysia can’t extradite Jho Low, key people in 1MDB saga

https://youtu.be/_6gFyKNI1JA https://youtu.be/tZDpDTXpVfE

Deep discussion: Dr Mahathir, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and National Centre for Governance, Integrity and Anti-Corruption director-general Tan Sri Abu Kassim Mohamed having a chat after a ministry event in Putrajaya. — Bernama

Deep discussion: Dr Mahathir, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and National Centre for Governance, Integrity and Anti-Corruption director-general Tan Sri Abu Kassim Mohamed having a chat after a ministry event in Putrajaya. — Bernama

KUALA LUMPUR: They know where he is. But they can’t get their hands on him.

That is the predicament that the authorities face in bringing back Malaysia’s most wanted man these days – Low Taek Jho better known as Jho Low.

Low is at the centre of the debt-laden and scandal-ridden 1Malaysia Development Bhd (1MDB) that is a thorn in the administration of the previous Barisan Nasional government.

Prime Minister Tun Dr Mahathir Mohamad said Low is in a country in which Malaysia does not have an extradition treaty with.

"We are trying to arrest Jho Low, but he is not in the country. And we do not have extradition rights in the country where he is at,” said Dr Mahathir without disclosing the country.

Legal experts say while it is not impossible to bring him back despite the absence of extradition treaty with the country, they cautioned this can be a long and tedious process.

Low has been identified as the mastermind behind 1MDB, which is the subject of investigations by Malaysian as well as international authorities for alleged corruption and money laundering.

1MDB accumulated debts of more than RM35bil in ringgit and US dollar denominated bonds in less than five years from 2009. Most of the money raised were placed outside Malaysia, which the Government is trying to recover.

Apart from Low, the principal officer in another 1MDB-related company is also on the wanted list.

The Malaysian Anti-Corruption Commission (MACC) has issued an arrest warrant for SRC International director Nik Faisal Ariff Kamil.

SRC International was a former subsidiary of 1MDB, which had allegedly transferred RM42mil into the personal account of former prime minister Datuk Seri Najib Tun Razak.

It issued two tranches of RM2bil debt papers in 2011 and 2012. The money was to be used to purchase resource based assets in the region. However, there are no assets to back the purchases.

MACC deputy chief commissioner (operation) Datuk Seri Azam Baki told Bernama there is no excuse for Low and Nik Faisal not turn up to facilitate investigations into the SRC International case.

“I refuse to comment on what action can be taken against both of them (Low and Nik Faisal Ariff Kamil). As far as I know, they cannot give any excuses and must present themselves,” he said.

Nik Faisal, 47, last stayed in Alam Impian, Shah Alam.

Low, 37, previously resided in Tanjung Bungah, Penang.

The Prime Minister’s Office in a statement earlier announced the setting up of a special task force to conduct detailed investigations, detection and seizure of assets and prosecution of individuals who committed any criminal offence in the management of 1MDB.

Meanwhile, sources said Low’s lawyers have yet to get in touch with the MACC.

It was earlier reported that Low had instructed his lawyers to make contact with the MACC after he was made aware they were seeking him for assistance.

By Mazwin nik anis, Wddie chua, Joseph kaos jr, and Royce Tan The Star

Other key people in the 1MDB saga



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Thursday, January 11, 2018

Penang undersea tunnel project scrutinized by the Malaysian Anti Corruption Commission (MACC)

In troubled waters: An artist’s impression showing where the tunnel project will start on the island.

 

Land swap under MACC scrutiny


PETALING JAYA: The Malaysian-Anti Corruption Commission (MACC) probe into the controversial Penang undersea tunnel is focused on land swaps that were made for the feasibility and detailed design study which has yet to be completed.

Sources said investigators are scouring documents involving two plots of land – Lot 702 and Lot 713 in Bandar Tanjung Pinang – with a size of 1.48ha and 2.31ha respectively.

The value of Lot 702 is around RM135mil while Lot 713 is around RM160mil.

It is learnt that both parcels of land have since been mortgaged to banks to obtain financing. The state government has also authorised planning permission on both parcels of lands.

“The state government paid the consultant for the feasibility studies by means of two land swaps. The cost for the feasibility study is around RM305mil.

“It has become an issue on why the study cost was inflated so much when it should have been an estimated RM60mil,” sources said, adding that determining the inflation and the reason behind it were among the challenges faced by the investigating team.

The sources also said that the graft-busters have their sights targeted on “somebody” who has been enjoying kickbacks and entertainment from the deal.

The feasibility and detailed design study is for the 7.2km undersea tunnel connecting Gurney Drive on the island to Bagan Ajam in Seberang Perai.

It is part of the RM6.3bil mega project comprising a 10.53km North Coastal Paired Road (NCPR) from Tanjung Bungah to Teluk Bahang, the 5.7km Air Itam–Tun Dr Lim Chong Eu Expressway bypass and the 4.075km Gurney Drive–Tun Dr Lim Chong Eu Expressway bypass.

Yesterday, the investigating team also questioned four officers from several state government agencies on the land swaps.

Sources added that the anti-graft agency also raided a property agency office in Penang and carted various documents away. It is learnt the chief executive officer of the company was not around during the raid.

MACC deputy chief commissioner Datuk Seri Azam Baki said his investigating team has yet to call in any witnesses for the case as they are still conducting a thorough study on the seized documents.

He added that the officers would still be obtaining more documents from the companies involved and also from the state government.


Two bosses of construction firms held for six days as MACC investigates project

Datuks’ remanded in tunnel probe

 
https://youtu.be/k3oDrOpBe78 
Taken away: Officers escorting one of the men out of the courthouse in Putrajaya.

MACC digs deeper


A swap involving two parcels of land worth close to RM300mil is in the spotlight as the MACC intensifies investigations into claims of corruption in Penang’s undersea tunnel project and several accompanying highway projects. Two ‘Datuks’ have been remanded and several key officials in companies and agencies involved in the project have been questioned. But Chief Minister Lim Guan Eng says the project will go on.

 GEORGE TOWN: Chief Minister Lim Guan Eng says the undersea tunnel project, now the subject of a corruption investigation, will proceed unless there is a court order to stop it.

He said he was baffled by yet another investigation into the project as the Malaysian Anti Corruption Commission (MACC) had been conducting an investigation into the RM6.3bil mega project comprising the tunnel and three other highways since 2016.

“What are they investigating now? Is it because of the looming general election?

“The project was awarded via an open tender overseen by international accounting firm KPMG.

“Still, I have instructed everyone involved to give their full cooperation to the MACC in its investigation as we have nothing to hide,” said Lim at a press conference at Komtar yesterday.

On Tuesday, graft-busters arrested two “Datuks” involved in the controversial Penang undersea tunnel project to help in investigations into claims of corruption.

The duo, who were picked up in Putrajaya and Penang, have since been remanded for six days to facilitate the probe.

The anti-graft agency raided the offices of four state government agencies – the Penang Public Works Department, Penang State Secretary, Penang Office of Lands and Mines and Penang Valuation and Property Services Department – and three property development and construction companies – Ewein Zenith Sdn Bhd, 555 Capital Sdn Bhd and Consortium Zenith Construction Sdn Bhd’s Penang office.

MACC officers also questioned several officers in charge of the respective agencies and companies. Sources familiar with the investigation said the probe into the undersea tunnel project was also zooming in on land swaps.

Ewein Zenith is a joint-venture vehicle of Ewein Land Sdn Bhd and Consortium Zenith BUCG Sdn Bhd.

The latter is a Malaysia-China joint venture that was awarded the RM6.3bil mega project to build the 7.2km undersea tunnel connecting Gurney Drive on the island to Bagan Ajam in Seberang Prai, a 10.53km North Coastal Paired Road (NCPR) from Tanjung Bungah to Teluk Bahang, the 5.7km Air Itam–Tun Dr Lim Chong Eu Expressway bypass and the 4.075km Gurney Drive–Tun Dr Lim Chong Eu Expressway bypass.

Consortium Zenith BUCG changed its name to Consortium Zenith Construction Sdn Bhd on Jan 18 last year after the withdrawal of Beijing Urban Construction Group (BUCG).

In a related development, Vertice Bhd (formerly known as Voir Holdings Bhd) said the current investigation by the MACC will not impact the progress of the undersea tunnel project.

It said the project was an integral component of the Penang Transport Master Plan and that the role of Consortium Zenith Construction as the main contractor would remain.

Consortium Zenith Construction is a 13.2% associate company of Vertice. PUTRAJAYA: Two high-ranking bosses of development and construction companies have been remanded for six days as graft investigators continue their probe of the Penang undersea tunnel project. The two “Datuks” were held here and in Penang before being brought to court.

A 59-year-old businessman was brought to a magistrate’s court here at 9.40am yesterday and remanded for six days until Monday to help with the Malaysian Anti-Corruption Commission’s (MACC) investigation.

Magistrate Fatina Amyra Abdul Jalil allowed MACC prosecutors’ remand application although the Datuk’s lawyer Hamidi Mohd Noh objected, arguing that there was no need for his client to be held.

“I told the court that my client has been cooperative with the MACC.

“I would also like to point out that my client is innocent and his remand is only to assist the investigation,” he told reporters after the proceedings.

The MACC had initially asked for the Datuk to be held for seven days but the magistrate only allowed six days.

He was arrested at the MACC headquarters at around 8.45pm on Tuesday after being called for his statement to be recorded.

In George Town, another Datuk was brought to court for a remand application at 11.40am.

He was handcuffed and wearing MACC’s orange lock-up T-shirt with black pants when he arrived at the courthouse escorted by MACC officers.

The 49-year-old appeared calm and smiled to reporters but did not say anything before he was led inside.

Deputy registrar Muhammad Azam Md Eusoff granted a six-day remand order and the businessman was escorted out of the courthouse about 30 minutes later.

The case is being investigated under Section 16(a)(B) of the MACC Act 2009 for bribery.

It is also believed that one of the Datuks remanded yesterday tested positive for drugs.

On Tuesday, MACC personnel raided the offices of four state government agencies – the Penang Public Works Department, Penang State Secretary, Penang Office of Lands and Mines and Penang Valuation and Property Services Department – and three property development and construction companies believed to be related to the case.

The project involves a plan to bore a 6.5km tunnel below the seabed to connect north Butterworth and the island.

The tunnel is to connect Bagan Ajam, a mature suburb of about 5km from the Butterworth ferry terminal, to the end of Gurney Drive near the Pangkor Road junction on the island.

Connected to the project are three paired roads to be built on the island as a traffic dispersal system to cope with the traffic that the tunnel would bring to Gurney Drive, which is already densely developed.

The three paired roads are from Teluk Bahang to Tanjung Bungah, from Pangkor Road to the Tun Dr Lim Chong Eu Expressway – part of this stretch will be underground – and from Air Itam to the expressway near the Penang bridge.

To finance the construction, projected to cost RM6.3bil, the state government is giving payment in kind of 44.5ha of state land to the contractor, Consortium Zenith Construction.

Chief Minister Lim Guan Eng told the state assembly in 2014 that the land was valued at RM1,300 per sq ft and the project, ending with the tunnel, is scheduled for completion in 2025.

It was reported last March that RM135mil worth of land had been given to the contractor as payment to fund the feasibility studies and detailed studies.

A public-listed company announced in January 2016 that it had secured an agreement to buy 20.2ha of the land from the contractor over 10 years at RM1,300 per sq ft.

It is believed that the MACC is looking into why the state government allowed the contractor to presell state land despite delays in the project construction.

More to be called up for questioning


GEORGE TOWN: Investigations into allegations of corruption in the proposed Penang Undersea Tunnel project are expected to deepen with more people likely to be called up for questioning.

A source in the Malaysian Anti-Corruption Commission (MACC) said the focus was on the feasibility and detailed design study, which had been paid for but not completed.

“We will call in more people involved in the project to assist in investigations into the study,” the source said.

He declined to comment on whether more arrests would follow after two “Datuks” were remanded for six days yesterday to help in the investigations.

The two were remanded in George Town and Putrajaya for investigations into the corruption allegations.

The MACC source declined to share details on evidence collected that led to the remand of the two Datuks yesterday but confirmed that it was about the delayed feasibility study and detailed designs.

The feasibility, detailed design studies and environmental impact assessment was reported to cost RM305mil with RM220mil already paid. Since 2015, NGOs, government agencies, political parties and state assemblymen had asked about the payment and studies, only to be met with replies they considered unsatisfactory.

Last July, the Works Ministry and Board of Engineers Malaysia (BEM) repeatedly asserted that Penang significantly overpaid, by four times, design fees involving three roads.

Barisan Nasional strategic communications director Datuk Seri Abdul Rahman Dahlan sought the professional opinion of BEM, and it was reported that BEM replied that the detailed design costs were four times higher than the maximum allowed under the gazetted scale of fees based on the total project cost.

Last August, the state government declared that the feasibility studies would be ready by September.

In October, however, Works Minister Datuk Seri Fadillah Yusof said his ministry “had not seen a single page” of it.

Source: By mazwin nik anis, royce tan, arnold loh, r. sekaran, simon khoo The Staronline

MACC to make more arrests - Penang undersea tunnel project


More arrests are likely in the investigations into claims of corruption in Penang’s RM6.3bil project involving an undersea tunnel and three highways after MACC officers raided 12 more places and took statements from a dozen witnesses. They are looking into an agreement on payments to the concessionaires but Penang Chief Minister Lim Guan Eng says there was no wrongdoing and that not a single sen has been paid for the undersea tunnel project.

PETALING JAYA: Investigators looking into the allegation of corruption in the Penang undersea tunnel project are said to be thoroughly looking through the papers related to the contract for the feasibility study for the undersea tunnel.

“The agreement looks suspicious and the feasibility study for the mega project does not exceed RM305mil as announced by the state government,” sources said.

“The state government might have made a payment which is way different than the real value of the study,” they said.

On Thursday, The Star reported that the graft-busters were zooming in on the land swaps of two plots of land in Bandar Tanjung Pinang.

The sources also say that the reclaimed land for the land swaps were of high value for development. It is believed that the state JKR has set the value for the study and that allegations of misappropriation were raised when the value that was paid far exceeded the initial value.

To finance the construction of the tunnel and three paired roads on the island, projected to cost RM6.3bil, the state government is giving payment in kind of 44.5ha of state land to the contractor, Consortium Zenith Construction.

Chief Minister Lim Guan Eng had told the state assembly in 2014 that the land was valued at RM1,300 per sq ft and the project, ending with the tunnel, is scheduled for completion in 2025.

It was reported last March that RM135mil worth of land had been given to the contractor as payment to fund the feasibility studies and detailed studies. However, the study has not been completed although the land has been handed over.

A public- listed company announced in January 2016 that it had secured an agreement to buy 20.2ha of the land from the contractor over 10 years at RM1,300 per sq ft.

It is believed that the MACC is looking into why the state government allowed the contractor to presell state land despite delays in the project construction and the study.

Source: The Star Malaysia reports by MAZWIN NIK ANIS and INTAN AMALINA MOHD ALI

Related stories:

Developer says that firm did not buy land from Penang govt - Nation ...

MACC probe shifts to bidding process - Nation | The Star Online

MACC looking at how RM305mil was paid - Nation | The Star Online

MACC focussing on Penang tunnel project studies, sources say ...

Lim: Not a single sen paid for Penang undersea tunnel project ...

No money paid for project, says Lim - Nation

 


 12 spots raided in tunnel probe 

Guan Eng: Project will go on unless there’s a court order to stop

Vertice, Ewein shares down following Penang arrests - Business News

Ewein MD remanded by MACC - theSundaily


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