Chitchat Najib's Brother Fined For Helping Himself To Money From 1MDB! Jiuhu Politicians Fucking Corrupt! Oppies Still Think PAP Ministers Are Expensive?

[JohnTan]

KUALA LUMPUR (REUTERS) - Malaysia has fined the brother of former premier Najib Razak and other people and companies for allegedly receiving money from state fund 1MDB, the country’s anti-graft chief said on Monday.

Malaysian and United States investigators say about US$4.5 billion (S$6.2 billion) was misappropriated from now-defunct state investment fund 1Malaysia Development Berhad (1MDB), set up in 2009 by Najib. Najib, who lost a general election last year, is now facing dozens of graft and money-laundering charges over allegations that he received about US$1 billion in 1MDB funds. He has pleaded not guilty.

Ms Latheefa Koya, the head of Malaysia’s Anti-Corruption Commission (MACC), said RM420 million (S$138 million) was received by a total of 80 individuals and entities from 1MDB.

She did not specify how much the fine amount was.

“We have issued compound notices against all of these people and entities for the purpose of them to pay up the fine,” she told reporters, adding that they could be fined up to 2.5 times the amount received.

The individuals include Najib’s brother Nazir Razak, the former chairman of Malaysia’s second-largest bank, CIMB Group Holdings, and Tan Sri Shahrir Abdul Samad, former chairman of state palm oil agency Felda and also a minister in Najib’s cabinet. Datuk Seri Nazir had received about RM25.7 million in cheques from 1MDB, Ms Latheefa said.

https://www.straitstimes.com/asia/se-asia/malaysia-seeks-1mdb-funds-from-najibs-brother-ex-ministers

 

[AhMeng]

Heng ah, took all monies out of CIMB liao. Lol
No wonder offer so high FD rates.

 

[glockman]

KUALA LUMPUR (REUTERS) - Malaysia has fined the brother of former premier Najib Razak and other people and companies for allegedly receiving money from state fund 1MDB, the country’s anti-graft chief said on Monday.

Malaysian and United States investigators say about US$4.5 billion (S$6.2 billion) was misappropriated from now-defunct state investment fund 1Malaysia Development Berhad (1MDB), set up in 2009 by Najib. Najib, who lost a general election last year, is now facing dozens of graft and money-laundering charges over allegations that he received about US$1 billion in 1MDB funds. He has pleaded not guilty.

Ms Latheefa Koya, the head of Malaysia’s Anti-Corruption Commission (MACC), said RM420 million (S$138 million) was received by a total of 80 individuals and entities from 1MDB.

She did not specify how much the fine amount was.

“We have issued compound notices against all of these people and entities for the purpose of them to pay up the fine,” she told reporters, adding that they could be fined up to 2.5 times the amount received.

The individuals include Najib’s brother Nazir Razak, the former chairman of Malaysia’s second-largest bank, CIMB Group Holdings, and Tan Sri Shahrir Abdul Samad, former chairman of state palm oil agency Felda and also a minister in Najib’s cabinet. Datuk Seri Nazir had received about RM25.7 million in cheques from 1MDB, Ms Latheefa said.

https://www.straitstimes.com/asia/se-asia/malaysia-seeks-1mdb-funds-from-najibs-brother-ex-ministers

Pap ministers are a bargain!

 

[glockman]

Heng ah, took all monies out of CIMB liao. Lol
No wonder offer so high FD rates.

Anything to do with mudland, better avoid!!!

 

[JohnTan]

Anything to do with mudland, better avoid!!!

Jiuhu m&d politicians increasingly turning to islam to hide their corruption.

 

[AhMeng]

Anything to do with mudland, better avoid!!!

Malaysian bank do pay highrr interests for FDeposits. But you never know

 

[glockman]

Jiuhu m&d politicians increasingly turning to islam to hide their corruption.

Despicable bunch! May they burn in islamic hell for all eternity!

 

[glockman]

Malaysian bank do pay highrr interests for FDeposits. But you never know

Higher risk, higher returns. But I keep all my money (I don't have much) in my home. All coins only.

 

[AhMeng]

Higher risk, higher returns. But I keep all my money (I don't have much) in my home. All coins only.

Me too, i got to hide my money inside toilet flush system.

 

[glockman]

Me too, i got to hide my money inside toilet flush system.

Which toilet? When will you not be home?

 

[AhMeng]

Which toilet? When will you not be home?

Nabey
But sometime this week, fuck off liao
Hope Haze c9me back to sinkapore for you

 

[glockman]

Nabey
But sometime this week, fuck off liao
Hope Haze c9me back to sinkapore for you

knn, you damn bad siah! I already spent all of my savings on N95 masks and used them up liao.

 

[steffychun]

If PAP is so clean, why bother to sue? Show that you are clean?

 

[AhMeng]

knn, you damn bad siah! I already spent all of my savings on N95 masks and used them up liao.

Haze you until you pneumonia bestest

 

[glockman]

Haze you until you pneumonia bestest

 

[PEE_APE_PEE]

Pee Ape Pee 1000X worse than UMNO.

UMNO never LEEgalized own Corruption like Pee Ape Pee.

Najib can at least be charged.

Pee Ape Pee cannot. Can only give them Summary Execution without trial.

 

[batman1]

Whether u corrupt more than or less than others is still corruption. No need to argue that u are less corrupt cos u take less compared with others.
U don't have to be a rocket scientist to understand this.

 

[winnipegjets]

Me too, i got to hide my money inside toilet flush system.

My long term 'investment' are buried under the title. I am never selling my pigeon hole as it is worth millions.

 

[JohnTan]

It's cheaper to pay your politicians $2 million a year and they stay clean rather than to pay them a pittance and they get greedy and steal hundreds of millions instead. Ah Gong was wise beyond his time.

 

[winnipegjets]

It's cheaper to pay your politicians $2 million a year and they stay clean rather than to pay them a pittance and they get greedy and steal hundreds of millions instead. Ah Gong was wise beyond his time.

But our politicians are NOT clean either. Greed has no limits in the PAP.