Sunday, January 31, 2016

lawyer Amer Hamzah Arshad loses out in times of dishonesty

Is all an eyewash an unforgivable sin in Apandi  moral code:

It is common knowledge that the best way to argue your case in Attorney-General’s Chambers is through a suitcase. The capital’s punters can neither control their laughter nor restrain their envy at the news while corruption in Malaysia has moved with internet speed Unsurprisingly, which for a decade had no time for investigations Was the issue, then, greed or hypocrisy?where few claim to be paragons of personal virtue, the spa-story would have been a snigger on a news cycle.
Now that the last rites are being read over , Apandi perhaps it is time for an obituary.As the debate continues to swirl around attorney-general Mohamed Apandi Ali’s  kind of mind believes  , albeit with ebbing intensity, but still provoking a loose nerve or two, an intriguing question demands an answer. the link between 1MD and the donation must be investigated as there was “circumstantial evidence” surrounding the sum of US$681 million deposited into the prime minister’s bank account (was) within five days after 1MDB successfully raised US$3 billion in bonds in March 2013,
“And it shines a spotlight on Malaysia’s worsening democratic deficit, whether defined in terms of shady campaign finances, electoral manipulation and foreign interference, human rights abuses, weak and unreliable governance – or downright venality.”The Wall Street Journal (WSJ) also reported that the money was transferred into Najib’s accounts through a company with links to 1MDB. Tanore Finance Corp Limited transferred the funds through Falcon Private Bank in Singapore, a Swiss Bank owned by the International Petroleum Investment Corporation (IPIC) of Abu Dhabi, WSJ reported. “IPIC and its subsidiary, Aabar Investments PJS have in turn entered into various financial and joint venture agreements with 1MDB and SRC International Sdn Bhd involving billions of dollars. “No investigation over the source of funds of Najib’s multi-billion ringgit donations can be complete without investigating the overseas money trails of 1MDB, IPIC, Aabar, Tanore Finance and Falcon Bank,”
The Observer UK daily also called Najib’s immediate response urging Malaysians to move on, a”fantasy”.”widespread scepticism” to the A-G Tan Sri Mohamed Apandi Ali’s findings that the RM2.6 billion donation from the Saudi royal family to Najib was above board, and to his declaration that the donation was a separate matter from other graft allegations involving 1Malaysia Development Berhad (1MDB).the Swiss say the amount involved was US$4 billion was moved around through their banking system.the transactions involved four companies – PetroSaudi, SRC, Genting/Tanjong and the Abu Dhabi Malaysia Investment Company (ADMIC).
1MDB remained the subject of investigations by the US Federal Bureau of Investigation and by Swiss and Hong Kong authorities. “Apandi’s act of absolution” of Najib, therefore, had taken local investigators at the Malaysian Anti-Corruption Commission (MACC) by surprise, it added. Against a backdrop of worsening human rights abuses in Malaysia, the A-G’s decision had only heightened growing concerns about Najib’s leadership and whether he was fit to rule, The Observer said, referencing the latest report by Human Rights Watch.”His time in government, especially since the 2013 general election, has brought an expansion of repressive laws, multiplying human rights abuses and curbs on media freedoms more reminiscent of Russia than of a supposedly functional, pro-western democracy closely allied to Britain and the US,”
Najib says he has been vindicated and Malaysia must move on. This is fantasy. The scandal will live on in the minds of voters who have more reason than ever to distrust those who to lead them on the basis of privilege, wealth and inequality,” The Observer wrote.Continue reading BELOW
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lawyer Amer Hamzah Arshad loses out in times of dishonesty

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