Posted on 01/26/2016 2:30:25 PM PST by Theoria
Attorney general says huge sum in Najib Razak’s personal bank account was donation from Saudi royal family and not linked to troubled state fund 1MDB
Malaysia's attorney general said on Tuesday that $681m transferred into prime minister Najib Razak's personal bank account was a gift from the royal family in Saudi Arabia, and there were no criminal offences or corruption involved. Scandal-hit Malaysian PM Najib Razak says conscience is 'absolutely clear' Read more
The involvement of the Saudi royal family is an unexpected twist in a scandal over the mysterious funds transfer and the troubles of indebted state fund 1Malaysia Development Berhad (1MDB), whose advisory board Najib chairs.
"I am satisfied with the findings that the funds were not a form of graft or bribery," attorney general Mohamed Apandi Ali told a hastily called news conference, where a statement was issued that said Najib had returned $620m to the Saudi royal family because it had not been utilised.
"There was no reason given as to why the donation was made to PM Najib - that is between him and the Saudi family," Apandi said.
He said no criminal offence was committed by Najib in relation to three investigations submitted by Malaysia's anti-graft agency and that no further action would be taken.
The Malaysian anti-corruption commission (MACC) had earlier said the funds were a political donation from an unidentified Middle Eastern benefactor.
The attorney general said in a statement he would return to the MACC papers pertaining to the three separate investigations with instructions to close all three cases.
Najib, who has weathered months of calls from opposition leaders and establishment figures to resign, has denied any wrongdoing and says he did not take any money for personal gain.
(Excerpt) Read more at theguardian.com ...
I’ll take the other $620 million, since it’s unused.
There’s a few classic 60’s and 70’s muscle cars that could use a new daddy. Oh, and I could stop shopping all the bargain-aisle and loss-leaders at the grocery store........
Oh, Ok then....
sheesh
Our Congress can be bought a lot cheaper.
Anybody remember ABSCAM?
Nineteen people, including seven members of Congress, were eventually convicted in the Abscam case in 1980 and 1981.
Only one guy, Sen Larry Pressler, thought something was fishy and walked away. But he did not think it was important enough to report.
When the “sheik’s” men told him they didn’t know what a PAC was but wanted to give him the money anyway, Pressler said, “Wait a minute, what you are suggesting may be illegal,” and walked out of the house. Pressler later said, “I find it somewhat repulsive that I’m on tape, but now I’m called a hero. It’s a sad state of affairs when it’s heroic to turn down a potential bribery situation.”
Wow! They’re as crooked as we are. He should have set up a ‘charity’ first though. I also find myself wondering how much Merkel received.
$681,000,000.00 gift??? Gee! I had no idea. I really MUST open all my Christmas presents this year!
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