London Mansion Is Under Riza's Name - Paid For By 1MDB!
A Najib family mansion in London’s Belgravia, originally identified by Sarawak Report,
was bought in 2012 under an off-shore BVI company, which has now been
shown to be beneficially owned by step-son Riza Aziz, according to the
Wall Street Journal.
The paper also claims that investigators have now confirmed that the money used to buy it came from 1MDB!
The revelation comes in the same week that UK Ministers welcomed
Najib to London to what Lord Marland, Chair of the Commonwealth
Enterprise and Investment Council, described as a “love-in” over
Malaysian investments, such as the Battersea Power Station complex.
Both Marland and Foreign Minister, Hugo Swire, adopted the line to
enquiring journalists that they “could not act judge and jury” over the
1MDB matter, which they described as being an ‘internal Malaysian
affair’.
However, UK officials are looped in to the global money laundering
investigations into 1MDB, by virtue of British banks, businessmen and
off-shore entities involved, and therefore cannot have been unaware that
this major investment in UK property has now been identified to have
been funded by money stolen from Malaysia’s public development fund.
There are likewise concerns over a Notting Hill mansion belonging
to the UK Director of PetroSaudi, Patrick Mahony, which can also be
shown to have been purchased directly from money which the Malaysian
Central Bank, 1MDB Board of Directors, Malaysian Public Accounts
Committee and Malaysian Auditor General have all condemned for being
misappropriated from the 1MDB PetroSaudi joint venture in 2009.
So, how have ministers justified their tolerance of Mr Najib, whom
they know has also implemented illegal crackdowns on his own citizens
for trying to raise these issues and establish investigations in
Malaysia, when they had evidence that money was being laundered in
London?
“I am not in a position to act as judge or jury. I prefer to leave that to
the Malaysian people and courts to determine the outcome of these accusations”.
[says Lord Marland, who has apparently kept himself conveniently
unaware that Najib Razak has abused his executive powers in order to
prevent the Malaysian people and its courts from taking action].
However, anti-money laundering legislation, to which Britain has
signed up, means that once corrupt monies are discovered to be invested
in their jurisdiction, the matter is no longer merely a problem for
Malaysians, who are being illegally denied their rights to an investigation by a blatant abuse of power by Najib.
It is also a matter of obligation for the British authorities to investigate and pursue!
Riza held business meetings at Lygon Place Mansion
Earlier this week Sarawak Report provided details of how Riza Aziz has furthermore pursued business from his London base, next door to which he has also hired ‘production offices’.
The Malaysian Prime Minister’s step-son has made clear through his
managers that he has several millions at his disposal, which he wishes
to invest in several global enterprises. Yet, there is little evidence
available as to how this young man in his 30s, who worked for two years
as a banking assistant in London, could have legitimately acquired this
immense fortune, which has also enabled him to launch Red Granite
Pictures in the US and to purchase at least two Beverley Hills properties as well as a New York Mansion.
Following extensive reporting by Sarawak Report, all denied by Riza
and Red Granite, the WSJ has further identified that US investigators
have now directly traced over US150 million invested in Red Granite and
roughly the same again in Riza’s properties to money “borrowed” from
1MDB.
British Ministers may choose to say that 1MDB is Malaysia’s
businesses and to take no notice of the fact that Najib has illegally
abused his executive powers to close down judicial, parliamentary and
his own party’s investigations against him.
They may further choose to ignore that he has cracked down on the
public’s right not only of protest but even of freedom of speech on the
matter, even via twitter, facebook and internet debate.
However, they cannot legally ignore money laundering in Britain’s capital city, once it has been drawn to their attention.
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