The world is deluged with the most shameful news about Malaysia in our history over the past 2 weeks. Newspapers and magazines all over the world from the New York Times, Wall Street Journal, The Economist to The Australian have been carrying prominent coverage of the 1MDB scandal, involving funds transferred into Dato’ Seri Najib Razak’s personal bank account. Even Indonesia’s leading current affairs magazine, The Tempo made 1MDB its cover story for the latest issue.
The broadcast media have also been active, with CNBC and MSNBC producing viral videos accusing the Prime Minister of theft and money laundering, which have been shared widely via the social media. From a modern progressive country, Malaysia has become the butt of jokes around the world.
The action on those responsible for the 1MDB scandal, or conversely, producing evidence to rebut the grave allegations against the country, the Malaysian authorities could only embarrassingly attempt to dissmiss the allegations by crying “fake news”.
Most recently, even the Inspector-General of Police (IGP), Tan Sri Mohd Fuzi Harun concluded that there’s nothing linking 1MDB to Jho Low after investigating the Public Accounts Committee Report on 1MDB. The Special Affairs Department (Jabatan Hal-ehwal Khas), JASA, further alleged that the PAC exonerated both Jho Low and Dato’ Seri Najib Razak. The Deputy Minister of Multimedia and Communications, Datuk Jailani Johari decried all of the foreign press reports as fake news.
There could not be bigger lies than the above spewed by the Government authorities.
Firstly, the PAC exposed a whole series of wrong-doings by the 1MDB management, which resulted in the call for the former CEO Datuk Shahrol Halmi and the top management to be investigated by the Police.
However, the PAC and the Auditor-General never managed to investigate both Jho Low and the Prime Minister Dato’ Seri Najib Razak because the PAC Chairman, Datuk Hasan Arifin and the BN members blocked all attempts to summon both of them as witnesses.
In addition, 1MDB refused to submit the financial statements and accounts of its foreign subsidiaries to the PAC – as clearly stated in the PAC Report, which meant that there was no way for the PAC to investigate the financial flows from 1MDB to both Jho Low and the Prime Minister.
Hence, it was impossible for the PAC to exonerate both Jho Low and Dato’ Seri Najib if we could not investigate them in the first place.
On the contrary, Bank Negara Malaysia (BNM) had written twice to the PAC to confirm the direct and incontrovertible involvement of Jho Low with 1MDB.
In the first letter to the PAC which was discussed on 4 April 2016, Bank Negara confirmed that Good Star Limited which received US$1.03 billion directly from 1MDB, was not a subsidiary of 1MDB’s joint venture partner, Petrosaudi International Limited. Good Star was instead owned by “an individual with no links to the Petrosaudi Group”.
Unfortunately, Datuk Hasan Arifin unilaterally and secretly deleted the above finding from the PAC report.
More damagingly, when asked further by the PAC, BNM wrote to the PAC in a letter dated 6 April 2016 to confirm that the individual who owned Good Star Limited was none other than Jho Low. Datuk Hasan Arifin however, refused to distribute the letter to PAC members, in the most clear cut attempt to hide and protect Jho Low.
In coming to the conclusion that Jho Low was not involved with 1MDB, the questions we have for the IGP are these –
If not, then clearly the IGP must be sacked for the simple reason that he is attempting to protect the biggest crooks who are robbing Malaysians blind.