DOCSLIB.ORG

The Scandal: What We Know So Far HOW 1MDB FELL APART State Fund 1Malaysia Development Berhad (1MDB) Was Set up Nearly a Billions in Debt in Just a Handful of Years

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Scandal: What We Know So Far HOW 1MDB FELL APART State Fund 1Malaysia Development Berhad (1MDB) Was Set up Nearly a Billions in Debt in Just a Handful of Years The scandal: What we know so far HOW 1MDB FELL APART State fund 1Malaysia Development Berhad (1MDB) was set up nearly a billions in debt in just a handful of years. By mid-2014, 1MDB’s debt 2009 decade ago gleaming with promise, as Malaysia’s leaders — chief among stood at a crippling RM42 billion. And today, the state fund is • The Terengganu Investment them then Prime Minister Najib Razak, the fund’s staunchest champion accused of being an elaborate international scam that saw around Authority, started in 2008, is — lauded it as a key initiative to expand the country’s wealth through US$4.5 billion (S$6 billion) end up in the pockets of high-level converted from an investment vehicle for the development of the strategic investments. The shine soon wore off, as the fund racked up ofcials at the helm, and their collaborators. oil-rich Malaysian state to a national Finance Ministry company named 1MDB. It announces a controversial US$2.5 billion joint-venture deal with Saudi oil rm PetroSaudi, which critics say was a front to siphon public funds. Najib Razak Low Taek Jho • The opposition painted Mr Najib • Better known as Jho Low (left), (right) as the fund’s biggest he has denied involvement in 1MDB, 2012 to 2013 beneciary, branding the then Prime but the US Department of Justice • 1MDB begins buying up power Minister — who was also Finance (DOJ) pinpointed him as the man who plants, racking up about RM18 Minister, and the head of 1MDB’s controlled ows of money out of the billion in debt. Analysts believe the advisory panel until 2016 — fund to bank accounts around the rm paid too much for the ageing a kleptocrat in the recent general world. His current whereabouts are generators. election. The fallen premier was unclear but Malaysia’s Inland Revenue questioned for more than 10 hours on Board was last week asked to May 22 and 24 by Malaysia’s anti-graft investigate Mr Low and his family in 2014 agency on SRC International, a former relation to 1MDB. • The company accumulates 1MDB unit which allegedly transferred RM41.8 billion in debt. It struggles RM42 million (S$14.2 million) into to meet nancing obligations and Mr Najib’s personal accounts. fails to meet a year-end deadline to pay a RM2 billion loan. Rosmah Mansor Riza Aziz 2015 • Mr Najib’s impeccably dressed wife • The DOJ said Mr Riza – the eldest • 1MDB requires the help of several has also become the target of son of Mr Najib’s wife Rosmah from a local rms to renance its debt in attacks for her allegedly exorbitant previous marriage – co-founded Red February 2015. And, among other lifestyle. She surfaced in the 1MDB Granite Pictures which funded the moves to trim debt, it sells its probe too, with the DOJ claiming that Martin Scorsese lm The Wolf Of Wall power plant unit Edra Global she was gifted nearly US$30 million Street using 1MDB cash. The rm has Energy to a Chinese company for of jewellery, including a rare pink denied that its funds were obtained RM17.3 billion. Abu Dhabi’s wealth diamond necklace, bought using illegitimately. fund International Petroleum stolen funds. Investment Company provides 1MDB with US$1 billion cash to help repay a US$975 million loan. • This is also the year allegations HIGH-ROLLERS AND WHISTLE-BLOWERS of graft come to light, with claims surfacing in the media that US$700 million linked to 1MDB was Apandi Ali and Abdul Gani Patail deposited in PM Najib’s personal • Mr Najib’s ouster has changed the fates of accounts. The United States these two men. launches a probe into 1MDB in September. • In July 2015, Tan Sri Abdul Gani (right) – who was then heading a task force investigating money-laundering allegations at 1MDB – was retired as attorney-general due to what the government said then were “health problems”. Prime Minister Mahathir Mohamad said in recent weeks that Mr Abdul Gani had prepared Khadem al-Qubaisi Arul Kanda Kandasamy a charge sheet against Mr Najib in 2015, before he was promptly placed on early retirement. and Mohamed Badawy al-Husseiny • The former chief investment banker in Abu • Tan Sri Apandi Ali (right) stepped in as the • The two former Abu Dhabi ofcials have new Attorney-General, and in January 2016 been investigated by Swiss and US Dhabi signed up to be 1MDB’s chief executive in cleared Mr Najib of any wrongdoing after a prosecutors looking into 1MDB, and are probe into the nearly US$700 million that suspected of having aided in and beneted January 2015 to help x the beleaguered fund’s appeared in the then Prime Minister’s personal 2016 to 2017 from the misappropriation of public funds. accounts. It was, said Mr Apandi, a donation US prosecutors detail a Mr Qubaisi (above left) was the former staggering debt. But he • soon found himself caught from the Saudi Arabian royal family. multibillion-dollar trail of fraud managing director of International Petroleum from 2009 to 2015 that saw public Investment Co (IPIC) – one of Abu Dhabi’s in a political maelstrom, • Now, Mr Apandi is on the way out, placed on fending off allegations of forced leave by the new administration. funds allegedly splurged on Monet largest sovereign wealth funds, which has (above) and van Gogh paintings, close business links to 1MDB – while Mr fraud and graft relating to Mr Abdul Gani, meanwhile, will co-lead a new the fund. Things got task force focused on reviving probes into and luxury real estate in the US Husseiny was chief executive of IPIC’s unit (below) and Britain. Aabar Investments PJS. personal last month, when 1MDB. newly minted Finance Minister Lim Guan Eng branded the fund’s chief “utterly dishonest and untrustworthy”. The Tun Razak Exchange development, a 1MDB project, in Kuala Lumpur. • Mr Najib was not named in the legal lings, which instead referred Xavier Andre Justo to a “Malaysian Ofcial 1” who had and Clare Rewcastle-Brown pocketed US$681 million. Then • The duo played a key role in Malaysian Cabinet minister Abdul bringing 1MDB’s woes to light. Rahman Dahlan later conrms that Justo, a former director at Mr Najib was indeed Malaysian PetroSaudi International, is Ofcial 1. believed to have shared • Attorney-General Apandi says his information on the Saudi oil investigations found the millions rm’s aborted venture with deposited Mr Najib’s account were 1MDB with Sarawak Report a gift from a royal family in Saudi editor Rewcastle-Brown, whose Arabia, with no wrongdoing site claimed in 2015 that nearly committed. US$700 million was funnelled into Mr Najib’s bank account. 2018 • Malaysia’s new government after winning the May 9 polls, vows to return billions of dollars of public funds lost, with Tun Dr Mahathir Mohamad, the new Prime Minister, declaring he is condent prosecutors would soon have a strong case to bring charges against Mr Najib. NEAR AND FAR The 1MDB saga has had global consequences, as countries near and far nd themselves tangled up in the controversy. Authorities in at least six places, including Singapore and Hong Kong, have launched investigations into the fund and individuals and companies linked to it. • The developments include US Switzerland Singapore Luxembourg Hong Kong Indonesia forming a special 1MDB task force • Its Department of Justice • Switzerland had in 2016 • The Monetary Authority of • In 2016, prosecutors in • Hong Kong police in 2015 • Indonesia too got caught that holds meetings (above) to look (DOJ) helped catapult the asked Malaysia to aid in a Singapore (MAS) imposed Luxembourg said they opened investigations into up in the 1MDB fallout, when into matters concerning the fund 1MDB scandal into the probe into the alleged millions in nes on several found “concrete clues” of bank deposits allegedly authorities, as part of a joint and raids on properties linked to international spotlight when misappropriation of US$4 banks here after it was embezzlement from linked to Mr Najib after operation with the FBI, this Mr Najib and his family which have it opened its probe into the billion linked to 1MDB. It said found that accounts at companies owned by 1MDB former Umno member year seized the Equanimity, turned up at least RM114 million in beleaguered state fund and some funds had been Singapore-based banks had via accounts in Singapore, Khairuddin Abu Hassan Mr Low’s US$250 million cash and over 400 high-end laid out details of lavish transferred to Swiss been used to funnel illicit Switzerland, and lodged a police report yacht in Bali. The seizure of handbags. spending sprees and accounts belonging to funds. Four people have Luxembourg. claiming that deposits of the yacht, which was • In recent weeks, Finance Minister complex money-laundering former Malaysian public been jailed and two more than US$250 million supposedly bought with Lim Guan Eng said, contrary to Mr operations involving public ofcials. The Swiss investment banks shut were made into a Credit siphoned public funds, was Najib’s claims that there was no fund. Last month, a special attorney-general’s ofce down over their role in the Suisse bank account in later ruled invalid and 1MDB bailout by the previous Malaysian task force set up said last month that its alleged laundering of Hong Kong through four without legal basis. government, his ministry had paid to look into the 1MDB federal prosecutors are billions of dollars. Last week, companies linked to RM7 billion to service the troubled scandal met ofcers from seeking quick talks with Singapore investigators Mr Najib.
Load more

Recommended publications
  • Non-Corrigé Uncorrected
    Non-Corrigé Uncorrected CR 2007/24 International Court Cour internationale of Justice de Justice THE HAGUE LA HAYE YEAR 2007 Public sitting held on Tuesday 13 November 2007, at 10 a.m., at the Peace Palace, Vice-President Al-Khasawneh, Acting President, presiding in the case concerning Sovereignty over Pedra Branca/Pulau Batu Puteh, Middle Rocks and South Ledge (Malaysia/Singapore) ________________ VERBATIM RECORD ________________ ANNÉE 2007 Audience publique tenue le mardi 13 novembre 2007, à 10 heures, au Palais de la Paix, sous la présidence de M. Al-Khasawneh, vice-président, faisant fonction de président en l’affaire relative à la Souveraineté sur Pedra Branca/Pulau Batu Puteh, Middle Rocks et South Ledge (Malaisie/Singapour) ____________________ COMPTE RENDU ____________________ - 2 - Present: Vice-President Al-Khasawneh, Acting President Judges Ranjeva Shi Koroma Parra-Aranguren Buergenthal Owada Simma Tomka Abraham Keith Sepúlveda-Amor Bennouna Skotnikov Judges ad hoc Dugard Sreenivasa Rao Registrar Couvreur ⎯⎯⎯⎯⎯⎯ - 3 - Présents : M. Al-Khasawneh, vice-président, faisant fonction de président en l’affaire MM. Ranjeva Shi Koroma Parra-Aranguren Buergenthal Owada Simma Tomka Abraham Keith Sepúlveda-Amor Bennouna Skotnikov, juges MM. Dugard Sreenivasa Rao, juges ad hoc M. Couvreur, greffier ⎯⎯⎯⎯⎯⎯ - 4 - The Government of Malaysia is represented by: H.E. Tan Sri Abdul Kadir Mohamad, Ambassador-at-Large, Ministry of Foreign Affairs of Malaysia, Adviser for Foreign Affairs to the Prime Minister, as Agent; H.E. Dato’ Noor Farida Ariffin, Ambassador of Malaysia to the Kingdom of the Netherlands, as Co-Agent; H.E. Dato’ Seri Syed Hamid Albar, Minister for Foreign Affairs of Malaysia, Tan Sri Abdul Gani Patail, Attorney-General of Malaysia, Sir Elihu Lauterpacht, C.B.E., Q.C., Honorary Professor of International Law, University of Cambridge, member of the Institut de droit international, member of the Permanent Court of Arbitration, Mr.
    [Show full text]
  • The Malaysian Bar Vs. the Attorney General of Malaysia & The
    The Malaysian Bar vs. The Attorney General of Malaysia & The Malaysian Anti-Corruption Commission: The Moment the Malaysian Bar Stood Up for the Key Institutions of State _________________________________________________________ On the 14th of March 2016, the Malaysian Bar filed a landmark challenge in the High Court of Malaya. The challenge was the first of its kind in recorded legal history. The Bar did not derive any pecuniary benefit from the action. It was a suit filed to protect the independence and integrity of key institutions of state during what was a difficult period in the country. This is the story of the Malaysian Bar’s judicial review application against the decision of the then Attorney General of Malaysia not to institute a criminal prosecution against the then Prime Minister and, further, the direction to the Malaysian Anti Corruption Commission of Malaysia (“the MACC”) to cease its investigations into the transfer of funds into the said Prime Minister’s personal bank accounts. The team that represented the Malaysian Bar was led by two doyens of the profession: Tommy Thomas and Dato’ Ambiga Sreenevasan. Their appearance for the Bar was befitting of the brief. Never before had a Bar Association filed a court action to challenge the exercise of the prosecutorial powers of the state’s chief prosecuting officer. The judicial review was filed against the backdrop of an unprecedented international financial scandal which placed Malaysia at the centre of global attention. At the heart of the saga was a Malaysian company named 1Malaysia Development Berhad (“1MDB”). 1MDB was incorporated as a state investment fund for the purposes of transforming Malaysia into a financial hub.
    [Show full text]
  • 50 Reasons Why Anwar Cannot Be Prime Minister 287–8, 298 Abdul
    Index 50 Reasons Why Anwar Cannot be mega-projects 194, 313–14, Prime Minister 287–8, 298 320–1, 323 successor 126, 194, 307–9, 345 Abdul Aziz Shamsuddin 298 Proton 319–21 Abdul Aziz Taha 158 Abdullah Majid 35, 36 Abdul Daim Zainuddin see Daim Abdullah Mohamed Yusof 133 Zainuddin Abu Bakar Ba’asyir 228–9 Abdul Gani Patail see Gani Patail Abu Sahid Mohamed 176 Abdul Ghafar Baba see Ghafar Baba affirmative action programme (New Abdul Khalid Sahan 165 Economic Policy/NEP) 30–1, 86, Abdul Qadeer Khan 313 87, 88–9, 96, 98, 101, 103–4, Abdul Rahim Aki 151, 152 110–13, 142, 155, 200, 230, 328, Abdul Rahim Bakar 201 329, 348 Abdul Rahim Noor see Rahim Noor Afro-Asian People’s Solidarity Abdul Rahman Putra see Tunku Abdul Organization 23 Rahman agriculture 88–9, 104, 111 Abdul Rahman Aziz 227 Ahmad Zahid Hamidi see Zahid Hamidi Abdul Razak Hussein see Razak Ali Abul Hassan Sulaiman 301 Hussein Aliran (multiracial reform movement) Abdul Wahab Patail see Wahab Patail 66, 70, 324, 329 Abdullah Ahmad 4, 26, 27, 32, 35–6, Alliance 17 38, 128, 308, 319 government 18–19, 24–5, 53, 126, Abdullah Ahmad Badawi see Abdullah 218 Badawi see also National Front Abdullah Badawi 235–7, 268, 299 Alor Star 3, 4–5, 11, 14–15, 16, 130 2004 election 317–18 MAHA Clinic (“UMNO Clinic”) 13, anti-corruption agenda 310–12, 191 317–18, 319, 327–8, 330–1 Mahathir Mohamad’s relocation to Anwar Ibrahim case 316 Kuala Lumpur from 31 corruption and nepotism Alternative Front 232, 233 allegations 312–13, 323 Anti-Corruption Agency 90, 282, 301, economic policies 194, 313–14 311,
    [Show full text]
  • Scholarsatrisk
    SCHOLARS AT RISK N E T W O R K Fax: +603-88883444 Email: [email protected] The Honorable Dato' Sri Mohd Najib bin Tun Abdul Razak Prime Minister of Malaysia Office of the Prime Minister of Malaysia Main Block, Perdana Putra Building Federal Government Administrative Centre 62502 Putrajaya, Malaysia September 11, 2014 Re: Prof. Azmi Sharom Your Excellency: On behalf of the Scholars at Risk Network I write to express grave concern over reports that Prof. Azmi Sharom, an associate professor of law in the Faculty of Law at the University of Malaya, faces prosecution on charges relating to his academic profession. Scholars at Risk (SAR) is an international network of over 340 universities and colleges in 36 countries dedicated to promoting academic freedom and its constituent freedoms of thought, opinion, expression, association and travel. In cases like that of Prof. Azmi, involving alleged infringement of these freedoms, Scholars at Risk intervenes hoping to clarify and resolve matters favorably. Scholars at Risk understands that, on September 2, 2014, Prof. Azmi was charged in Kuala Lumpur Session Court with sedition. Under Malaysian law, sedition is defined as speech that “would bring into hatred or contempt or to excite disaffection against” the government. The charges apparently stem from an interview Prof. Azmi gave on August 14 regarding an ongoing political crisis in Selangor state. In the interview, Prof. Azmi compared the current crisis to a situation in the Malaysian state of Perak in 2009, stating, “[y]ou don’t want a repeat of that, where a secret meeting took place” and “I think what happened in Perak was legally wrong.
    [Show full text]
  • Abdul Gani First Local Graduate to Become Attorney-General Bernama July 28, 2015
    Abdul Gani First Local Graduate To Become Attorney-General Bernama July 28, 2015 KUALA LUMPUR, July 28 (Bernama) -- Tan Sri Abdul Gani Patail, whose service as Attorney-General was terminated yesterday due to health reasons after a 14-year tenure, is the first local graduate to have held the post. Abdul Gani, the country's eighth attorney-general, was born on Oct 6, 1955 in Lahad Datu, Sabah and holds a law degree from Universiti Malaya (UM). Joining the Judicial and Legal Service since 1980, the father-of-two began his career as deputy public prosecutor in Kota Kinabalu, Sabah and is the first Sabahan to have held the post following the establishment of the Attorney-General Chambers in the country. Throughout his service, Abdul Gani has held various posts, including as federal senior counsel in Sabah in 1985, head of the Prosecution Division (1994- 2000), chairman of the Advisory and International Division (1995) and commissioner of Law Revision (1997). On Nov 19 2001, Abdul Gani was appointed as Attorney-General effective Jan 1 2002, replacing Datuk Seri Ainum Mohd Saaid who suffered from thyroid problems. During his service, he was awarded the Panglima Setia Mahkota (PSM) which carries the title Tan Sri by Yang di-Pertuan Agong in 2013, the Darjah Kebesaran Datuk Setia-Sultan Sharafuddin Idris Shah (SSIS) which carries the title Datuk Setia by DYMM Sultan Selangor (2003) and Panglima Mangku Negara which carries the title Tan Sri by Yang di-Pertuan Agong (2005). Throughout his tenure as Attorney-General, Abdul Gani has handled several high-profile prosecution cases, including corruption charges against former Sabah Chief Minister, Datuk Joseph Pairin Kitingan in 1993 and led the prosecution team in the corruption and attempted sodomy case against Datuk Seri Anwar Ibrahim, Sukma Darmawan, Sastmitaat Madja as well as the Al-Ma'unah attempted revolt (1998).
    [Show full text]
  • Non-Corrigé Uncorrected
    Non-Corrigé Uncorrected CR 2007/27 International Court Cour internationale of Justice de Justice THE HAGUE LA HAYE YEAR 2007 Public sitting held on Friday 16 November 2007, at 10 a.m., at the Peace Palace, Vice-President Al-Khasawneh, Acting President, presiding in the case concerning Sovereignty over Pedra Branca/Pulau Batu Puteh, Middle Rocks and South Ledge (Malaysia/Singapore) ________________ VERBATIM RECORD ________________ ANNÉE 2007 Audience publique tenue le vendredi 16 novembre 2007, à 10 heures, au Palais de la Paix, sous la présidence de M. Al-Khasawneh, vice-président, faisant fonction de président en l’affaire relative à la Souveraineté sur Pedra Branca/Pulau Batu Puteh, Middle Rocks et South Ledge (Malaisie/Singapour) ____________________ COMPTE RENDU ____________________ - 2 - Present: Vice-President Al-Khasawneh, Acting President Judges Ranjeva Shi Koroma Parra-Aranguren Buergenthal Owada Tomka Abraham Keith Sepúlveda-Amor Bennouna Skotnikov Judges ad hoc Dugard Sreenivasa Rao Registrar Couvreur ⎯⎯⎯⎯⎯⎯ - 3 - Présents : M. Al-Khasawneh, vice-président, faisant fonction de président en l’affaire MM. Ranjeva Shi Koroma Parra-Aranguren Buergenthal Owada Tomka Abraham Keith Sepúlveda-Amor Bennouna Skotnikov, juges MM. Dugard Sreenivasa Rao, juges ad hoc M. Couvreur, greffier ⎯⎯⎯⎯⎯⎯ - 4 - The Government of Malaysia is represented by: H.E. Tan Sri Abdul Kadir Mohamad, Ambassador-at-Large, Ministry of Foreign Affairs of Malaysia, Adviser for Foreign Affairs to the Prime Minister, as Agent; H.E. Dato’ Noor Farida Ariffin, Ambassador of Malaysia to the Kingdom of the Netherlands, as Co-Agent; H.E. Dato’ Seri Syed Hamid Albar, Minister for Foreign Affairs of Malaysia, Tan Sri Abdul Gani Patail, Attorney-General of Malaysia, Sir Elihu Lauterpacht, C.B.E., Q.C., Honorary Professor of International Law, University of Cambridge, member of the Institut de droit international, member of the Permanent Court of Arbitration, Mr.
    [Show full text]
  • Tan Sri Abdul Gani Patail Attorney General of Malaysia No 45, Persiaran Perdana Presint 4, 62100 Putrajaya [email protected]
    Tan Sri Abdul Gani Patail Attorney General of Malaysia No 45, Persiaran Perdana Presint 4, 62100 Putrajaya [email protected] 6 January 2015 Dear YBhg Tan Sri Abdul Gani Patail, RE: Withdrawing the Appeal Against the Damages Assessment Award to Noorfadilla binti Ahmad Saikin The Joint Action Group For Gender Equality (JAG) once again commends the Attorney General’s Chambers for withdrawing the Government's appeal at the Court of Appeal in the case of Chayed bin Basirun & Ors v Noorfadilla bt Ahmad Saikin. In 2008, Noorfadilla applied for the temporary teaching position in a government school. She accepted the job offer in 2009; however when the Ministry of Education Officer learnt of her pregnancy, Noorfadilla’s placement memo was withdrawn. Subsequently, Noorfadilla filed an application in court to declare that the revocation of her employment owing to her pregnancy was unlawful, discriminatory and unconstitutional as it contravenes Article 8(2) of the Federal Constitution. The Shah Alam High Court ruled in 2011 that the government had discriminated against Noorfadilla, with Judge Dato’ Zaleha binti Yusof’s judgment stating that the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW) “has the force of law and binding on member states, including Malaysia.” On 10 November 2014, the Shah Alam High Court ordered the government to pay Noorfadilla RM300,000 in damages for breach of her constitutional right to gender equality, RM25,000 for pain and suffering, interest at the rate of 8% per annum from May 7, 2010, and RM5,000 in costs. JAG urges Tan Sri to reconsider the appeal made against the damages assessment award to Noorfadilla.
    [Show full text]
  • Anwar Ibrahim
    Malaysia MAL/15 - Anwar Ibrahim Decision adopted by consensus by the IPU Governing Council at its 198 th session (Lusaka, 23 March 2016) 1 The Governing Council of the Inter-Parliamentary Union, Referring to the case of Dato Seri Anwar Ibrahim, a member of the Parliament of Malaysia, and to the decision it adopted at its 197 th session (October 2015), Taking into account the information provided by the leader of the Malaysian delegation to the 134 th IPU Assembly (March 2016) and the information regularly provided by the complainants, Recalling the following information on file: - Mr. Anwar Ibrahim, Finance Minister from 1991 to 1998 and Deputy Prime Minister from December 1993 to September 1998, was dismissed from both posts in September 1998 and arrested on charges of abuse of power and sodomy. He was found guilty on both counts and sentenced, in 1999 and 2000 respectively, to a total of 15 years in prison. On 2 September 2004, the Federal Court quashed the conviction in the sodomy case and ordered Mr. Anwar Ibrahim’s release, as he had already served his sentence in the abuse of power case. The IPU had arrived at the conclusion that the motives for Mr. Anwar Ibrahim’s prosecution were not legal in nature and that the case had been built on a presumption of guilt; - Mr. Anwar Ibrahim was re-elected in August 2008 and May 2013 and became the de facto leader of the opposition Pakatan Rakyat (The People’s Alliance); - On 28 June 2008, Mohammed Saiful Bukhari Azlan, a former male aide in Mr.
    [Show full text]
  • I Did Not Expect Such Drastic Action, Says Anwar
    22 OCT 1999 Court-Anwar (Daim) I DID NOT EXPECT SUCH DRASTIC ACTION, SAYS ANWAR KUALA LUMPUR, Oct 22 (Bernama) -- Datuk Seri Anwar Ibrahim told the High Court here that he did not think his tense relationship with the prime minister could lead to drastic action being taken against him. Anwar said that he was informed by First Finance Minister Tun Daim Zainuddin that he would be immediately charged in court on various charges including corruption and sexual misconduct. "Even though I had expected problems to arise due to my tense relationship with Datuk Seri Dr Mahathir Mohamad, the prime minister, I did not think it was possible for them to take such drastic action," he said. He was testifying in his defence on a charge of sodomising Azizan Abu Bakar, his wife's former driver. He began his testimony today, the 62nd day of his sodomy trial. He was sacked as deputy prime minister and finance minister on Sept 2, last year, over allegations of sexual misconduct. Anwar, 52, is jointly tried with his adopted brother, Sukma Darmawan Sasmitaat Madja, 38, on separate charges of sodomising Azizan, 39, at Sukma's apartment in di Tivoli Villa, Bangsar, here, one night at 7,45, between January and March, 1993. Sukma, a businessman, faces another charge of abetting Anwar in the commission of the offence, at the same time and place. Earlier, when asked to remember the relevant events until his dismissal, Anwar said that it began with Daim telling him on Aug 12, last year, that he would be charged in court.
    [Show full text]
  • Why Did Tengku Goh Name Musa, Gani in Affidavit? Malaysiakini.Com March 15,2012 by Hafiz Yatim
    Why did Tengku Goh name Musa, Gani in affidavit? MalaysiaKini.com March 15,2012 By Hafiz Yatim Does Johor underworld figure Goh Cheng Poh @ Tengku Goh have a special relationship with former inspector-general of police Musa Hassan? This was question posed five years ago by former Commercial Crimes Investigation Department director Ramli Yusuff in his affidavit in reply to Goh's habeas corpus application to be freed from restricted residence. Court documents made available to Malaysiakini add further mystery to the possibility of such a relationship, for the kingpin states in his Aug 14, 2007 application: "I believe the IGP (Musa) was not informed of my arrest and detention." Goh was picked up in Johor Baru on Aug 1, 2007, and placed under restricted residence until his release four months later. ramli yusuff asset declare case 120310 05Ramli (centre in photo), in his affidavit-in-reply to Tengku Goh's application, says the statement "is as if the subject (Tengku Goh) has described he has a special relationship with the IGP". "It is also as if the (then) IGP has a particular interest in Tengku Goh's well-being, whereas the subject admitted that he was not a good person," the former CCID director's affidavit says. Tengku Goh has admitted to his shady background and this is stated in the affidavits in support of his detention filed by Ramli, former Home Ministry deputy minister Johari Baharum and the police - that the kingpin had a long history in crime and had been banished before. "I admit I do not have a good background as I have been banished to Pahang for being a horse bookie," Tengku Goh conceded in his police report over complaints made against him.
    [Show full text]
  • A Abdul Aziz Bari, 237 Abdul Gani Patail, 291 Abdul Ghani Othman, 250 Abdullah Ahmad, 114, 116, 172, 216 Abdullah Ahmad Badawi
    INDEX A 171, 173, 181, 185, 200, 285, Abdul Aziz Bari, 237 301–02, 324, 330, 336, 339, Abdul Gani Patail, 291 342, 345–46 Abdul Ghani Othman, 250 Abhisit Vejjajiva, 324 Abdullah Ahmad, 114, 116, 172, 216 ABIM (Muslim Youth Movement of Abdullah Ahmad Badawi, 18, 42, Malaysia), 229, 237 193, 235–38, 245–49, 251–52, Abramoff, Jack, 232 254, 256–59, 286, 289–90, 307, Abu Hassan Omar, 196 309–10, 316, 319, 327, 331, Abu Sayyaf Group, see ASG 335, 338, 340–43, 345–47 ACA (Anti-Corruption Agency), 236 foreign policy, under, 260–70 ACFTA (ASEAN-China Free Trade “Islam Hadhari” (civilizational Area), 312–13 Islam), 235, 239–41, 261–62, Adam Malik, 100 341, 343, 345, 347 ADB (Asian Development Bank), 215 Mindanao peace talks, 242–44 Afro-Asian People’s Solidarity prime minister, becoming, 234 Organization, 40, 90, 103, 111, Abdullah Fahim, 239 150, 334 Abdullah Majid, 116, 172 AFTA (ASEAN Free Trade Area), 200, Abdullah Mat Zin, 271 208, 313 Abdul Qadeer Khan, 254–55 Ahmad Faiz, 10–12 Abdul Rahman Ahmad, 285, 295 Ahmad Husni Hanadziah, 320 Abdul Rahman Palil, 259 Ahmad Kamil Jaafar, 39, 44, 63, 124 Abdul Rahman Putra Al-Haj, Tunku, Ahmad Rithaudeen, Tengku, 145, 18, 24–25, 31, 44, 50–51, 155, 167, 171, 173–74, 181 62, 64–65, 68, 70–71, 73–75, Air Defence Council, 160 83–90, 100, 103, 107, 109–10, AJCEP (ASEAN-Japan Comprehensive 113–14, 149–52, 165–68, 320, Economic Partnership 332–34, 336–38, 342, 344–46, Agreement), 312 348–49 Al Arqam, 285 Abdul Rashid Asari, 259 Albanian resolution, 124 Abdul Razak Abdullah Baginda, Al Gore, 41 257–58, 274 Alliance Parliamentary Group, 103, Abdul Razak, Tun, 1, 18, 31, 40, 44, 111 49, 64, 73, 94, 103, 105, 107, Alliance Party, 90, 111 110, 118–19, 124, 126–27, 140, Allison, Graham, 15 144, 146–47, 149–51, 165–67, Altantuya Shaaribuu, murder, 257–59 369 15 M_sia FP Index.indd 369 7/27/10 11:09:50 AM 370 Index Alternative Front, see Barisan Arroyo, Gloria, 243 Alternative ASA (Association of Southeast Asian A.M.
    [Show full text]
  • Mycc Annual Report 2013 Download
    PROMOTING COMPETITION, PROTECTING YOU. PROMOTING COMPETITION, PROTECTING YOU cover rationale The design of the MyCC’s Annual Report 2013 draws upon the imagery of precision gears, which represent the MyCC’s critical role in Malaysia’s complex and highly interconnected business environment. Gears are fundamental mechanical components that transmit motion at the heart of many complex machines. By enforcing competition law, the MyCC plays an equally fundamental role in propelling the transformation of our competitive landscape. 01 Minister’s fOREWORD 06 CHAIRMan’s MESSAGE 08 Rising to Meet Challenges 09 The Year Ahead 10 CEO’s MESSAGE 12 2013: A Year of Achievements 13 Strategic Priorities For 2014 14 contents ABOUT THE MALAYSIA COMPETITION COMMISSION 18 VISION AND MISSION STATEMENT 19 THE COMPETITION AcT 2010 20 Scope 20 02 Action by the MyCC 21 03 Infringement and Penalties 21 MyCC’s MEMBERS 26 THE MALAYSIA COMPETITION ORGANISATIONAL COMMISSION (MyCC) 22 STRUCTURE 31 YEAR IN REVIEW 34 OrgaNisatioNAL GROWTH 34 PROVIDING POLicy ADVICE 35 SUPPORTING COMPETITION THROUGH 04 acaDEMIC RESEARCH 35 MARKET REVIEW 35 BASELINE STUDY ON AWARENEss OF THE CA 2010 36 ADVocacy AND DIALOGUES: A TWO-Way DOOR 36 Advocacy Focus: Benefits and Consequences For SMEs 39 Advocacy Focus: Bid Rigging 40 ENforcEMENT actiVITIES 41 Proposed Decision On MAS-AirAsia 41 Proposed Interim Measures Against PMLOA 42 Proposed Decision On Megasteel 42 Block Exemption Order For Liner Shipping Agreements 42 GUIDING THE Way to COMPLIANCE 43 Competition Act 2010: A Guide For Business 43 The Competition Act 2010: Compliance Guidelines 43 1st MyCC COMPETITION LAW CONFERENCE 43 COOPEratioN AND KNOWLEDGE-SHARING 45 Training And Workshop Activities 45 Attachment Programme 45 Visits To The MyCC 45 MyCC’s Working Visits 46 International Meetings 47 Other Involvements 48 MILESTONES 50 IN THE NEWS 54 FINANCIAL STATEMENTS 59 05 ANNUAL REPORT 2013 4 MALAYSIA COMPETITION COMMISSION (MyCC) DRIVING A HEALTHY CONSUMER ECONOMY Competition law ultimately benefits consumers.
    [Show full text]