Malaysians are now faced with competing with other creditors to retrieve the investment of millions stolen from 1MDB into a failed development in Mannheim, Germany says a local investigative journalist from the town…..
The BN/PN ‘coalition’ are riven with friction as they seek to get off the hook and at the same time attempt to convince the public they have dealt with their decades of corruption and abuse of power…..
The new Downing Street Chief of Staff has issued legal threats and denials following the exposure of his involvement in illegal foreign interference and alleged bribery during a US election campaign in Puerto Rico. However, his claims appear disproved by the evidence in court…….
Questioned by Sarawak Report the new Downing Street chief of staff Mark Fullbrook’s former employers, CT Group, originally lied claiming their work was not conducted for a former Governor of Puerto Rico via illegal foreign funding. Court documents now prove they knew it was. The top government advisor has now turned witness to avoid prosecution says the Sunday Times ……
The art markets are one of the avenues through which dirty money can flow with far greater ease than the more regulated banking system……
Minister Abdul Latiff Ahmad has now threatened auditors for naming a fellow company shareholder as his wife. The question is, given this woman also managed companies accused of siphoning money from the LCA contracts to Boustead, why does he not identify who she therefore is?…..
PKR deputy chief Rafizi Ramli has been hauled in by the police and told to surrender his phone and give a statement in response to a police report by a Bersatu minister claiming he has been defamed. Meanwhile, the self-same minister is yet to be questioned about the staggering sums of money that disappeared under his watch into a company that auditors have said belonged to his wife…..
The worst is that Rosmah can well afford it as everyone in Malaysia knows, including her paid blogger who sought to get her off the hook through contempt of court …..
Large chunks of the recently released Boustead auditor’s report remained mysteriously redacted. Sarawak Report can now reveal why. The black ink covered up how ‘suspicious’ and ‘dubious’ ‘irregularities’ identified by the auditors on the part of the French firms DCNS, Ameris France and Alizes Marine related to cover-ups over the Scorpene affair and misappropriations from the LCS contract…..
Confronted over their role in the LCS procurement scandal, Germany’s Rheinmetall claims it played an innocent role in a ‘normal arrangement’ and unfairly ‘lost money’ from the project – despite keeping silent on the subject for all these years ……
Kuwait has been sitting on $1.8 billion of stolen Malaysian cash for two years as KL refuses to pick up the phone and admit another scandal by ex-PM Najib. Indeed, ever since the UMNO coalition seized power once more we have seen a return to cover-up and secret negotiations when it comes to the return of Malaysia’s stolen money ….
The clanging of keys and the slamming of the jail door behind Najib tonight has brought one long saga to an end. However, it is also the beginning of so much more to be revealed…..
Contraves Advanced Design Sdn Bhd was funded by Malaysia’s Boustead but controlled by Germany’s Rheinmetall Air Defense AG. RM1.185 billion was paid for procurement into Contraves which was only billed RM397 million for the items by France’s DCNS……
On the eve of planned charges in the Navy Ship Scandal we update an article we ran in January of this year pointing at the heart of the problem of disappearing funds, which as always appears to lie in a classic middleman scam using a German company with as dubious a reputation when it comes to bribery as DCNS in France ……
Having been disappointed over its attempts to milk a lucrative settlement in return for dropping charges against Jho Low the coup government is now found out to have been negotiating with the PetroSaudi Boys as well!….
