steadyaku47

Sunday, 2 August 2015

Sakmongkol AK47 : All of them, knew Najib has done something illegal. 1MDB is the one that matters most now Mr Prime Minister.

 

steadyaku47 comment : Another good read with thanks to SakmongkolAK47

Saturday, 1 August 2015

The Day of the Long Bugis Keris?




Najib launches a Blitzkrieg.

I have been watching and analysing events. Plus I am in Raub. Happily catching up with non-political literature. Then Herr Najib struck. He dismissed and sacked several people. No, it was an execution.
The AG was sacked from office. Najib dropped Muhyidin and Shafie Apdal from the cabinet. He removed Palanivel, the head of the MIC.The dismissal of Palanivel unfortunately is not of relevance currently.

Why was it done in a hurry? There is only one conclusion. Najib had to act quickly to stop the noose that is tightening around his neck. The AG and the task force of 4 discovered irrefutable evidence about the wrongdoings of Najib.

The AG is to retire in October this year. He can’t suddenly fall so sick so as to be suddenly infirmed and demented. He has just formed a task force investigating into 1MDB. This isn’t an enterprise form-able by a severely debilitated and demented person. He may be suffering from kidney problems and other ailments but the faculties are still intact.

He can still walk and chew bubble gum at the same time.I cant say the same about some UMNO ministers.

Unless of course, as I think, the AG was in the final stages of preparing to charge Najib and others.

As to the draft charge sheet someone sent to me- I immediately said this may be a fake. A man of Ghani’s calibre although he earned a passable law degree from UM will not write ameritus instead of emeritus. Did the person who write that passed the LLB at UM? Unlikely. This appear to me likely to be the writing of an office boy.   

But don’t discount the possibility that the charge sheet was the product of an imaginative mind in the PM’s propaganda team. So many office boy standard there.

I wrote an article about this. I mentioned about the possibility of the task force of the 4 horsemen digging and unearthing proof of Najib’s guilt. Many commentators were skeptical at that time. They wryly asked how can the 4 defy Najib? I cannot reveal much more then.

The sacking of Ghani Patail confirms my theory that the special task force has been doing a make a sound in the east and then strike in the west strategy. Many people will know that this is one of the 36 stratagems.

It wanted to make the public think it was doing something else, when the real work was being done to catch out Najib. All of them, knew Najib has done something illegal.

Who done it?

What were the things that caused people to be angry about 1MDB? Among others- money was put up by Malaysia for a joint venture on a business that did not exist. The other party Petrosaudi misrepresented itself. It did not have or owned the subject matter of the business. Oilfield in several places. Clearly, there was an intention to cheat. But 1MDB went ahead on account of assurances or instructions from the PM’s Chinese buddy- one Jho Low.  

It entered into a JV when it suddenly found itself having to clear an existing debt of USD700 million to the parent company that owned the JV partner. Why enter into a JV with an encumbered partner? What was special about this company hailing from the land of holy camel dung? 
Because Jho Low said so. Because Najib said OK. Big boss said ok maa…

Now everyone knows that if you owe money to the parent company, you pay the parent company. Instead the payment went to a company unrelated to the JV. The company’s owner is Jho Low. So money was sent to an account owned by a company known as GOOD STAR LIMITED. Another case of fraud.

1MDB raised more money by way of issuing bonds. The lead manager was Godman Sachs. 1MDB paid a fee not reflecting market rates. That raised questions. 1MDB countered by saying, because the bonds carried high risks, the rates paid to Goldman Sachs were defensible. 1MDB forgot to mention, the bond issue was guaranteed by the Malaysian government.

People are saying maybe the spread between the fee charged by GS with the market rate, was divided between certain people. Between the people appointing Goldman Sachs and the issuing manager. Some people made money here.

Then there were the dubious investments made by 1MDB. Paying inflated price of RM18 billion on some aging and nearing end of shelf life IPPs. Then these people who sold made some donations and contributions amounting to some RM250 million to a foundation linked to 1MDB. So this is how UMNO people in power make deals.

Why so generous? Unless some deals were done beforehand between 1MDB and the IPP owners. Why buy an IPP where the buyer has to settle a previous outstanding loan? 1MDB could buy an unencumbered asset. That is form five level stuff. What the form five student cannot fathom, is the huge amount of money involved. A fifth former is easily satisfied with just a motorbike.

Why can’t Najib explain where was the balance of the money? Some people were saying if only Najib had gone to see Dr Mahathir and admitted he made some mistakes and asked Mahathir to hep out, the old man who can walk on water, wouldn’t have come out with guns blazing.

No- this will not be correct. What Najib was alleged to have done is not forgivable even by Mahathir. This is a leader who may have cheated Malaysia, abused his power and committed some illegal wrongdoings.

Then came the issue of depositing some RM2.7 billion and RM42 million into Najib’s personal account. Where did the 2.7 billion come from? Najib says it’s from the Middle East.He must have violated some banking laws or the money escaped BNM's radar. The sender can only do this if Najib has overrode the BNM governor.

Now, tell us, who is so generous to want to donate RM2.7 billion because they liked Naib’s face, get turned on by his red lips, liked his mannerisms, his aristocratic bearing, or are so enamoured with Rosmah’s wittiness and intelligence, that they were willing to donate RM2.7 billion to Najib. Were the Arabs lusting over Najib or Rosmah?  

If so why not put in the money into UMNO’s account? Then what about the RM42million of public money since SRC is owned by MOF, deposited again in Najb’s personal account?

Those who like to read Agatha Christie- will ask who done it? Or like the Americans say- whodunnit?

The answer, if the UMNO people have not already know or refuse to know because Kim Il Najib is infallible- the persons who whodunnit are Najib and Jho Low with the connivance of people like Shahrol Helmi, Nik Faisal, those arrested and released. But who would ever believe a dispatch clerk has anything to do with stealing RM46 billion? RM46 yes, but not RM46 billion.

UMNO's demise because of Najib.
There is a primary school in Dong Raub called SR Mat Jabbar. On a trip back to his mum’s kampong daring  hari raya, a 10 year old schoolboy asked the father. Abah- mengapa Najib teruk sangat abah? The father responded- Najib kawan adik yang mana ni? Dia gaduh dengan adik ke? 
Bukan Najib perdana menteri lah.

Hah- sampai ke situ awak adik?

Ye, adik dengan kawan2 lain berakap dengan Ckgu dan cikgu cerita. Semua kawan adik tak suka Najib perdana menteri. Dia curi duit kita ye abah? Cikgu kata rakyat susah sebab harga naik, kena cukai dan sebab Najib rasuah.

Now, if a 10 year old, playing with pokemon and more comfortable with computer games is already talking like this, Najb has no future.

Najib may have won this battle, but he hasn’t won the war. This 1MDB and the Najib story is still unfolding. 
1MDB is the one that matters most now Mr Prime Minister. 
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