Hillary and Obama got millions from Low Taek Jho. International crime (banking) cabals, I suspect China got some. Low Taek Jho, btw! is reportedly hiding in China.
Posted on 08/09/2019 4:36:57 AM PDT by csvset
KUALA LUMPUR (Reuters) - Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc (GS.N) following an investigation into a multi-billion-dollar corruption scandal that led to the demise of state fund 1MDB.
Those charged on Friday include Richard Gnodde, chief executive of Goldman Sachs International, Michael Evans, president of Alibaba Group Holding Ltd (BABA.N) and a former director at Goldman Sachs (Asia) LLC, and Michael Sherwood, former vice chairman of Goldman Sachs Group.
The U.S. Department of Justice is investigating the bank for its role as underwriter and arranger of the bond offer.
An estimated $4.5 billion was misappropriated from 1MDB by fund officials and their associates between 2009 and 2014, according to the Justice Department.
Tim Leissner, a former partner of Goldman Sachs in Asia, pleaded guilty last August to conspiracy to launder money and conspiracy to violate the Foreign Corrupt Practices Act and agreed to forfeit $43.7 million.
(Excerpt) Read more at reuters.com ...
Low has been described by Malaysian and U.S. authorities as the central player in the 1MDB scandal. He has denied wrongdoing and his whereabouts are unknown.
So, who ended up with the $4.5 billion? Or did it just filter out to three-hundred corrupt Malaysian political figures?
four and a half billion...keep working on it and they may reach Baltimore level numbers some day.
Hillary and Obama got millions from Low Taek Jho. International crime (banking) cabals, I suspect China got some. Low Taek Jho, btw! is reportedly hiding in China.
I was happy I found an extra 50 bucks to spend this weekend :)
How many of these scumbags will see significant prison time?
Aziz at left with DeCaprio.
Hollywood producer Riza Aziz pleaded not guilty on Friday to laundering $248 million from a Malaysian state investment fund in the 1MDB scandal. He is the stepson of Malaysia's former prime minister, and produced the movie "The Wolf of Wall Street" with his production company, Red Granite Pictures Inc. His stepfather and mother have been charged in the scandal, too, while his sister is defending Aziz and saying he's innocent. (Visit BusinessInsider.com for more stories.)
KUALA LUMPUR, Malaysia (AP) — "The Wolf of Wall Street" producer and stepson of Malaysia's former prime minister pleaded not guilty on Friday to laundering $248 million from a state investment fund, becoming the third person in his family charged in the 1MDB scandal that helped end Najib Razak's government last year. Riza Aziz was solemn as he appeared in court to be charged with receiving the illicit funds between 2011 and 2012 in the US and Singapore.
The charge sheets said the money was misappropriated from 1MDB and channeled into bank accounts of Riza's company Red Granite Pictures Inc., which produced films including the Martin Scorsese-directed film starring Leonardo DiCaprio. The 2013 film was nominated for five Academy Awards, including best picture. (Read more: The bizarre story of the 1MDB scandal--link at web site.)
Actor Leonardo DiCaprio, in his role as Jordan Belfort in the 2013 film, "The Wolf of Wall Street." Paramount Pictures The money was transferred from Swiss bank accounts of two companies US investigators identified as being linked to 1MDB into Red Granite's accounts in the United States and Singapore, according to the charge sheets describing the evidence.
Riza, 42, was released on bail. He was charged with five counts of money laundering and could face up to five years in prison, a fine or both, on each count if he is convicted. Aziz's stepfather and mother have been charged in the scandal, too, and are also pleading not guilty Najib set up the 1MDB fund to finance development in Malaysia when he took office in 2009, but it accumulated billions in debts and US investigators allege at least $4.5 billion was stolen from the fund and laundered by Najib's associates.
Public anger over the alleged corruption contributed to the shocking election defeat of Najib's long-ruling coalition in May 2018, and the new government reopened investigations that had been stifled while Najib was in office. Najib is currently on trial for alleged criminal breach of trust, abuse of power and money laundering linked to 1MDB. He denies the charges. His wife and Riza's mother, Rosmah Mansor, also has pleaded not guilty to money laundering and tax evasion related to 1MDB but her trial date has not been set.
Riza's arraignment came a year after he was questioned by Malaysia's anti-graft agency. US investigators say Red Granite used money stolen from 1MDB to finance Hollywood films. Red Granite has paid the US government $60 million to settle claims it benefited from the 1MDB scandal, and the US returned the money to Malaysia. Riza's sister, Nooryana Najwa, has slammed the legal action against her brother. "Despite the settlement in the US and the fact that alleged wrongdoings occurred entirely outside of Malaysia, the MACC decides to press charges after a whole year of leaving this case in cold storage. He is not a criminal," she wrote on Instagram, accompanied by a picture of her with Riza taken before his arrest.
More: 1MDB Riza Aziz Malaysia Najib Razak https://www.businessinsider.com/riza-aziz-charged-1mdb-scandal-2019-7
BOL....good one.
It’s a start.
Globalist bankers are organized crime and Wall St. is a gambling casino.
Remember that Chelsea Clintons husband who had zero experience was given by Goldman Sachs 10’s of millions which he “invested” in Greek bonds and “lost” it all. Lost in some Swiss bank account. Money laundering. His father had earlier spent several years in prison for stealing.
https://freebeacon.com/politics/chelsea-clintons-husband-shut-hedge-fund-election/
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