DAP Angel’s yay or nay?

Presenting DAP Angel’s

Gadis-DAP.jpg

From left to right: Dyana, Syefura and Melati

2015 has seen DAP go through many downs some even right straight into the slums, so with elections nearby is their new tactic to unleash another Dyana? This time not one, but three at the same time.

Is DAP focusing on how to attract to attract the Malay voters by putting up three different version on the modern Malay girls in Malaysia?

DAP girls and their scandalous stories

Since the start Dyana has been creating her name in scandalous stories of her being in bikinis and intimate pictures with her then partner, catching people’s attention as a ‘baju kurung’ DAP member. Nothing much about her achievements after the Teluk Intan by-elections in which she was defeated. In recent news she did state in the media “you will hear me roar” we haven’t even heard a “purr” from her.

roar

dyana gatai

 

Not long after that, a hijabi sweetheart attracted the media attention by following the footsteps of Dyana into DAP, her name Syefura Othman or better known as “Rara” gained immediate access to the public platform not for her politics but her offensive remark she had issues against a Sultan which caused her to be questioned in a sedition investigation.

rara gatai

Introducing their third “angel” a niqab activist Jamila Rahim her name but popularly known as Melati. She’s been in the news for her disapproval of people name calling her. Honestly if she can’t handle criticism lashed out towards her now, imagine later on in the future. One must be thick skinned to join politics. Is she the “PAS” version of DAP? Will she able to grow one heck of a thick skin before the elections?

niqab hottie

The trio has been stirring a media storm with many controversies mainly on their appearance, is this the new tactic done by DAP? Are they now using these media darlings to garner in votes for the future elections?

What can these girls bring to the table?

DAP Angel’s yay or nay?

Mahathir and the Toto Empire

Back in the day when Mahathir still ruled the land of Malaysia, his close buddies need not to make an appointment to see him or Daim Zainuddin. They could just barge in without knocking, no respect towards anyone, foreign dignitaries included.

Mahathir and his cronies

July 2015 Mahathir said The Edge and all his friends were now targets and he didn’t know why. Well some people did some digging and a lot of things did pop out.

M and F

Mahathir and Vincent Tan

Let’s talk about Vincent Tan and how Mahathir helped turn this millionaire into one heck of a billionaire.

Ahmad Sebi who at the time was running TV3 called in Vincent Tan to have him take over Sports Toto. Mahathir liked to call it privatization back in the day, the rest called it piratisation.

Now, this privatization was not done the proper way and not on a tender basis, absolutely no transparency. Basically done behind closed doors which benefited no one except the cronies.

M AND V

I’d hug Mahathir this tight as well if he made me a billionaire…

The entire “piratisation” was against racism which meant it was non-racial and did not look at one’s color just their pocket, meaning the New Economic Policy worked in favor of the non-Malays. I’ll give you an example where during the 1985 economic crisis, Mahathir gave the Chinese RM 3 billion and the Malays RM 500 million to bail out whoever that was facing bankruptcy.

Sports Toto, Vincent Tan & Mahathir 

In 1995, Sports Toto was sold to Vincent Tan secretly. First 70% sold for RM 28 million to B&B Enterprise of Vincent Tan, it was said to be 60% Bumiputera-owned and 10% from it was sold to Melewar Corporation, can anyone guess who owned the company? Mahathir crony and business partner of Tan Sri Loy Hean Heong of MBF none other than Tunku Tan Sri Abdullah ibni Almarhum Tuanku Abdul Rahman.

One of the most lucrative assets in Vincent Tan’s Berjaya companies is the Sports Toto. Compared to other legal gambling operations, Sport Toto’s profitability is enhanced by the lower tax rates and of course the contribution to sports development in Malaysia.

After Najib took power

Since Najib became Prime Minister other gambling operations are now charities instead of entering Mahathir and his cronies pockets and let’s not forget Najib suspended Vincent Tan’s sport betting license the one that Mahathir gave him a month right before retiring and crying on national TV, up until now the request to turn Bukit Tinggi into a casino has not been approved.

NAJIB N BET

It’s safe to say all this hating on Najib is due to Mahathir and gang are ganging up on Najib to oust him. Whatever that Najib is doing is removing all the unnecessary projects that Mahathir gave to his friends and cronies. Mahathir not only was a Prime Minister he was also a fairy who just waved his wand and made everyone who followed his way millionaires. Oh wait sorry billionaires.

DR-VT2

Sounds like the modern day Pharaoh don’t you think?

Mahathir and the Toto Empire

GANI PATAIL’S DIRTY LITTLE SECRETS EXPOSED

Throughout Gani Patail’s position as Attorney-General, he developed more scandals and enemies than friends. Only 11 months in Ainum Mohd Saaid the previous AG before Gani had tendered her resignation citing “health reasons” as the country’s top legal officer. According to sources it was Mahathir Mohamad who had agreed to the arrangement. Dr. Rais Yatim had announced that Gani’s appointment to take over the position of AG is to assume duties and to “clear a few matters”.

The billions of Ringgit scandal

Former Chief of Criminal Investigation Department of Kuala Lumpur, Mat Zain Ibrahim had stated that Gani Patail headed the prosecution division in 1994. Gani has been involved in covering up scandals of Ministers and Chief Ministers such as the RM 8 billion and R 4 billion losses that had been incurred by Malaysia Airlines (MAS) and Perwaja Steel. http://www.themalaysianinsider.com/malaysia/article/ex-cop-claims-ag-concealed-billion-ringgit-scandals

Gani’s involvement in scandal cover-up for ministers and chief minister
Gani’s involvement in scandal cover-up for ministers and chief minister

Mat Zain has repeatedly accused Abdul Gani of having deceived the federal government and recently called for a Royal Commission of Inquiry to investigate the Attorney-General’s role in destroying public confidence in the police.

To eliminate the Director of Commercial Crimes Saga

A few years ago there was a conspiracy to eliminate the Director of Commercial Crimes Dato Ramli Yusuff as he seen as a threat to the then IGP Musa Hassan and Gani Patail when Ramli made strong recommendations that Tajuddin should be prosecuted to Abdullah Badawi.

Instead Gani had Ramli be stripped of his rank, suspended and charged in court, even though Ramli was acquitted by the courts, Gani continued but failed to pursue an appeal on preventing Ramli from being reinstated and receiving his pensions.

Ramli Yusuff’s lawyer, Rosli Dahlan was roped in as he dared to defend Ramli despite warning sent to him.

On Raya 2007, Rosli Dahlan was arrested in his office publicly by ACA (now MACC). A sensational story built by the media to deceive the public into believing that Rosli did in fact hide the illegitimate assets belonging to Ramli Yusuff, dubbed by the media as “The RM 27 million Cop”.

Datuk Ramli Yusuff  Director of Commercial Crimes
Datuk Ramli Yusuff
Director of Commercial Crimes
Rosli Dahlan arrested and defamed in front of his office by the MACC
Rosli Dahlan arrested and defamed in front of his office by the MACC

Rosli Dahlan wins against A-G Patail

October 18 2013, the KL High Court had found NST and MACC guilty of defaming Rosli and ordered them to pay the damages of RM 300,000 and costs. Making this the first in history MACC was sued and lost.

Rosli won the acquittal and sued Gani Patail, MACC Chief Commissioner Abu Kassim and several other MACC officers on conspiracy, false, malicious investigation, abuse of power, abuse of prosecutorial discretion, malicious prosecution, prosecutorial misconduct and public misfeasance. He even sued mainstream media – Utusan Malaysia, The Star and NST and won each and every one of them.

Utusan Malaysia published a public apology on April 15, 2008 admitting and acknowledging that the article written by then was published in a sensational manner to generate publicity and exceeded ethical journalism surrounding the investigation of YDH Dato’ Pahlawan Haji Ramli Haji Yusuf who at that time held the post of Director of the Commercial Crime Investigation Department of Police DiRaja Malaysia.

Utusan Malaysia published a public apology admiting that their article was written in an unethical manner.
Utusan Malaysia published a public apology admiting that their article was written in an unethical manner.
January 15, 2013, The Star paid damages and admitted to its wrongdoings in a published public apology.
January 15, 2013, The Star paid damages and admitted to its wrongdoings in a published public apology.

The Sarawak Report Article

There is always a certain degree of truth towards every rumour. So when Sarawak Report released an article stating that the former Attorney General was on the brink of bringing charges for corruption and they “acquired” the secret draft charge sheet documents which Gani Patail was in the process of drafting.

The “draft” was indeed a fake and due to the credibility of Sarawak Report, it’s not really shocking if Gani Patail was in another scandal that caused him his position. http://www.sarawakreport.org/2015/07/arrest-warrant-for-the-prime-minister-the-real-reason-the-attorney-general-was-fired-exclusive/

The fake warrant of arrest claimed by Sarawak Report stating that Gani Patail was in the process of drafting
The fake warrant of arrest claimed by Sarawak Report stating that Gani Patail was in the process of drafting

The Scandalous Affair

Jessica Gurmeet Kaur D/O Nashattar Singh, a Singaporean citizen who Heads the Special Task Force Secretariat, Administration and Finance department has links to the Former Attorney-General, Gani Patail. Jessica’s husband, the brother of Kavita Kaur whose cousin is married to DAP leader Gobind Singh Deo. According to sources a steamy relationship is actually happening behind closed doors between Jessica and Gani, so steamy it could make 50 Shades of Grey look like Peter and Jane. http://www.malaysia-today.net/plumber-wanted-to-plug-the-leak-in-the-special-task-force/

The alleged lady having an affair with Gani Patail.
The alleged lady having an affair with Gani Patail.
Jessica and Gani caught in KLIA together both looking comfortable with one another
Jessica and Gani caught in KLIA together both looking comfortable with one another

This is only tip of the iceberg for Gani Patail, with more and more associates coming around to expose more of him, it’s only a matter of time for all of Gani’s skeletons in his closet to be exposed. Let the rollercoaster ride begin!.

GANI PATAIL’S DIRTY LITTLE SECRETS EXPOSED

Is Mahathir Philosophical or Hypocritical?

Corruption had been cultivated decades ago under a different name and leadership. It won’t be right to turn the other cheek and fast forward to the current issue and put the entire blame on the current government.

With the current fiasco happening in the country one would think that the man who held the longest-serving position as the Prime Minister of Malaysia would’ve been the first to stand up and defend the country from any sort of attacks. Instead, his having a field day by ranting and claiming that Malaysia still owes it all to him.

The same man who gravely despised foreign media is now using them to bring down Malaysia. http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=http://www.theaustralian.com.au/opinion/they-still-owe-it-all-to-me-mahathir/story-e6frg6zo-1227395280817&memtype=anonymous
The same man who gravely despised foreign media is now using them to bring down Malaysia. http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=http://www.theaustralian.com.au/opinion/they-still-owe-it-all-to-me-mahathir/story-e6frg6zo-1227395280817&memtype=anonymous

After weeks of being silent, Mahathir returned with a vengeance with his stale opinions running the country down to the ground, by abusing his freedom of speech with daily doses of rants and slamming the government that he used to lead. One of recent was that Najib is currently undermining the democracy of the country.

If democracy is dead, this would not be the headline by any newspaper. http://www.themalaysianinsider.com/malaysia/article/nobody-believes-najibs-donation-claim-says-dr-mahathir
If democracy is dead, this would not be the headline by any newspaper. http://www.themalaysianinsider.com/malaysia/article/nobody-believes-najibs-donation-claim-says-dr-mahathir

Mind you, this is the same person who dismissed the Lord President and suspended the Supreme Court judges due to a complaint of noisy renovation.

The Tunku Bendahara of Johor claimed that his father, the late Sultan Iskandar Ismail had been used by Tun Dr Mahathir Mohamad to remove the country’s top judge in the late 1980s. http://www.mmail.com.my/malaysia/article/dr-m-used-dad-to-get-rid-of-chief-judge-says-son-of-late-johor-sultan
The Tunku Bendahara of Johor claimed that his father, the late Sultan Iskandar Ismail had been used by Tun Dr Mahathir Mohamad to remove the country’s top judge in the late 1980s. http://www.mmail.com.my/malaysia/article/dr-m-used-dad-to-get-rid-of-chief-judge-says-son-of-late-johor-sultan

Remember what happened when people wanted to bring Mahathir down? Major newspapers were forced to shut down and more than 100 people from the opposition and the same party was thrown into prison without trial. Startling how now it is okay to have a street demonstration to oust Najib Razak as the last resort.

Many Malaysians has looked up to you yet only someone in pure desperation would ever provoke a street demo to oust the current Prime Minister.

In 2013, Mahathir insulted Ambiga by making a rude statement to have the federal constitution revoke Ambiga’s citizenship due to the Bersih, fast forward 2015 Mahathir is currently working hand in hand with people he has so openly despised.

Bersih wants former Prime Minister Dr Mahathir Mohamad to retract his statement that the federal constitution must be amended to revoke the citizenship of “errant lawyers” like Bar Council leaders and Bersih co-chairperson S Ambiga. http://www.freemalaysiatoday.com/category/nation/2013/02/09/dr-m-must-apologise-to-ambiga-bar-council/
Bersih wants former Prime Minister Dr Mahathir Mohamad to retract his statement that the federal constitution must be amended to revoke the citizenship of “errant lawyers” like Bar Council leaders and Bersih co-chairperson S Ambiga. http://www.freemalaysiatoday.com/category/nation/2013/02/09/dr-m-must-apologise-to-ambiga-bar-council/

Is this really the last resort? Or is there something darker and much more sinister that Mahathir is trying to hide?

Is Mahathir Philosophical or Hypocritical?

Nazir Razak’s Global Icons Not So Iconic

Is Zeti Aziz really being smeared?

The former Information Minister Zainuddin Maidin stated in MalaysiaKini today http://www.freemalaysiatoday.com/category/nation/2015/08/10/zam-zeti-being-smeared-in-prelude-to-removing-her/ that the Bank Negara Governor Zeti Akhtar Aziz, the “darling” of international financial community is a woman who can do no wrong, and hailed as a great central bank governor, this has never happened before in the history of the nation or anywhere in the world.

It’s safe to say our former minister has not been reading up on international issues. Christine Lagarde, head of the International Monetary Fund had been placed under formal investigation by a French court on suspicion of negligence in a political scandal that dates from her time as finance minister under former president Nicolas Sarkozy.

Is she not a woman of power as well?

Zeti Aziz, Governor of Bank Negara Malaysia,  investigated under section 124 of the penal code.
Zeti Aziz, Governor of Bank Negara Malaysia,
investigated under section 124 of the penal code.
Christine Lagarde head of the International  Monetary Fund placed under formal investigation
Christine Lagarde head of the International
Monetary Fund placed under formal investigation

This is the person who was pictured as a “global finance icon” by Nazir Razak. Christine Lagarde is the International Monetary Fund managing director whose been placed under a formal investigation by a French court last year on her role in approving dubious transactions in 2008. http://www.wsj.com/articles/christine-lagarde-put-under-investigation-by-french-court-1409133953

This is the person who was pictured as a “global finance icon” by Nazir Razak. Christine Lagarde is the International Monetary Fund managing director whose been placed under a formal investigation by a French court last year on her role in approving dubious transactions in 2008. http://www.wsj.com/articles/christine-lagarde-put-under-investigation-by-french-court-1409133953

The surprising link between Tong Kooi Ong, Nazir Razak and Zeti Aziz

Tong Kooi Ong, Nazir Razak & Zeti Aziz
Tong Kooi Ong, Nazir Razak & Zeti Aziz

The working relations and friendship between Tong Kooi Ong owner of the Edge media group and Nazir Razak has been very close since Anwar’s position as Finance minister.

Nazir Razak also developed a solid relationship with Zeti Aziz, thus him being the first person to stand by her amidst the current scandal that she’s in now.

Picture taken from Nazir Razak’s Instagram, claiming both of these scandalous ladies “Icons”
Picture taken from Nazir Razak’s Instagram, claiming both of these scandalous ladies “Icons”

What strengthened the relationship between the Tong Kooi Ong and Nazir Razak is the fact that Tong sits on the advisory board to CIMB Group.

Tong Kooi Ong clearly listed as an advisor on the CIMB website: http://www.cimb.com/en/who-we-are/overview/corporate-governance/board-committees.html
Tong Kooi Ong clearly listed as an advisor on the CIMB website:
http://www.cimb.com/en/who-we-are/overview/corporate-governance/board-committees.html

Pressure must be mounting for Nazir Razak as investigations are under way for both of his friends. In 2006, CIMB did a takeover of Southern Bank.

Who was involved?

Tawfiq Ayman, the husband of Zeti Aziz. He was the broker in the Southern CIMB deal. As according to Malaysian law in order for such shared transactions involving banks to take place it must be approved by Bank Negara.

With Zeti’s it is her position that influenced the outcome of the Southern CIMB deal. Essentially by virtue of Malaysian regulations, Zeti Aziz was set to be a King maker in the hostile corporate takeover of Southern Bank by CIMB.

Zeti’s played an important role by approving the deal where as Nazir Razak’s CIMB garnered in the benefits. Her role on the other hand as acting Governor of Central Bank, Zeti had the ability to reject a key element of Southern bank’s defence to the takeover of CIMB.

For Zeti to receive payment, her husband Tawfiq Aqyman was the broker of the deal, which gave him access to commission above market value on top of kickbacks that would have been paid offshore.

Startling Similarities of Nazir Razak & Zeti Aziz’s Offshore Accounts

According to the International Consortium Of Investigative Journalists (ICIJ). Nazir Razak does in fact have an offshore account that bears similarities towards Zeti Aziz’s family accounts.

Both were set up via UBS AG Singapore, both registered using Porticulis TrustNet (BVI) Limited and both Share Corp Limited and Execorp Limited listed as directors.
Both were set up via UBS AG Singapore, both registered using Porticulis TrustNet (BVI) Limited and both Share Corp Limited and Execorp Limited listed as directors.
The offshore bank accounts were created by Zeti Aziz’s family. Tawfiq Ayman is Zeti Aziz’s husband. Alif and Aziz Tawfiq Ayman are her sons. http://offshoreleaks.icij.org/nodes/164228
Nazir Razak the brother of the Prime Minister of Malaysia listed as the only shareholder of the offshore company Tangerine Square Limited http://offshoreleaks.icij.org/nodes/146815
Nazir Razak the brother of the Prime Minister of Malaysia listed as the only shareholder of the offshore company Tangerine Square Limited http://offshoreleaks.icij.org/nodes/146815

Shortly after Nazir Razak’s offshore accounts were created preparations for the hostile takeover of Southern Bank took place.

The Southern Bank deal was finalized the same time Zeti’s family and Nazir Razak’s   offshore bank accounts were created. It is believed that this is why the existence of offshore bank accounts was set up.

Silence does not always define truth

In the case of Christine Lagarde the International Monetary Fund managing director Christine Lagarde according to the French judicial system to be placed under a formal investigation reflects the court’s belief that a crime has been committed maximum penalty for such crime in question will be a year in prison.  http://fortune.com/2014/08/27/imf-head-lagarde-under-investigation-over-2008-scandal/

For Governor Zeti Aziz, the police has mentioned that they will record statements from more officers from the Malaysian Anti-Corruption Commission (MACC), Bank Negara and Attorney-General’s Chambers (AGC). Police are probing the case under Section 124 of the Penal Code for activities detrimental to parliamentary democracy. If a person is guilty of such crime. Maximum penalty will be 20 years in prison.

If there is indeed nothing to hide then why shield the identity of the offshore bank account owners under several layers of proxy companies.

If no crime has been committed then why have you not come up with a submission for an investigation to clear your name?

Why not come forward with evidence to silence everyone once with all the allegations thrown at Zeti Aziz?

The deafening silence builds the case that there is something to hide.

Nazir Razak’s Global Icons Not So Iconic

Governor Zeti Aziz’s Family Offshore Accounts Exposed

The International Consortium of Investigative Journalists (ICIJ) has revealed that the Governor of Bank Negara Malaysia, Tan Sri Zeti Aziz and her family has links to offshore bank accounts. They are a “master client” of several offshore entities as stated by the Swiss banking major UBS AG figures.

What is a Master Client?

  1. It refers to an intermediary or go-between, which helps a client to set up offshore entities.
  2. Offshore bank accounts are used by the wealthy to avoid taxes, protect assets from the reach of the law while maintaining a high level of secrecy.

Who Are The International Consortium Of Investigation Journalist (ICIJ)?

The International Consortium of Investigative Journalists is a global network of more than 190 investigative journalists in more than 65 countries who collaborate on in-depth investigative stories.

What was the investigation’s outcome?

The UBS AG’s Singapore unit had helped Zeti Aziz’s family to set up the British Virgin Islands while the company named Portcullis TrustNet Group appeared on the record and register keeper of the family’s offshore companies.

Multiple layers of companies are used in an effort to mask the true identities of the owners.
Multiple layers of companies are used in an effort to mask the true identities of the owners.

The companies

  1. Iron Rhapsody Limited

  2. Glittering Snow International Ltd

Both held by members of Zeti Aziz’s family. Multiple layers of BVI shell companies were used.

In a deliberate attempt to cover up the true ownership of the companies, complex structures of registration and ownership of shell companies through nominees were used.

What does Portcullis TrustNet Group do and who had been their clients?

The Portcullis TrustNet Group describes itself as “an external service provider engaged by individuals who have planning needs”.

“One-stop shop”: the Portcullis TrustNet Cook Islands branch is on the third floor.
“One-stop shop”: the Portcullis TrustNet Cook Islands branch is on the third floor.

Client lists includes:

Aye Zaw Win
The son-in-law of General Ne Win a military strongman who ruled Burma for three decades.
http://www2.irrawaddy.org/article.php?art_id=20904

Suharto’s cousin Sudwikatmono
After the fall of the Suhato in 1998 a number of his family and other rich Indonesians began appearing as TrustNet clients.

TrustNet helped the family set up the secret Wilshire International Trust and two offshore companies, Truease Ltd and Rodeo International.

Included in the trust’s beneficiaries is Sudwikatmono’s wife, his son Agus and what appears to be his three daughters according to documents.

Maria Imelda Marcos Manotoc

Daughter of former Philippines corrupted dictator the late Ferdinand Marcos
Daughter of former Philippines corrupted dictator the late Ferdinand Marcos

TrustNet set up the secret Sintra Trust in the BVI for her and her three sons.  Imee, as she is known, is the oldest child of the former Philippines dictator Ferdinand Marcos who had stolen the country’s finances and resources and have his family and business associates benefit from it (Sounds like a certain Ex-Prime Minister and his cronies don’t you think?)

The Happy Family

BNM Governor Zeti Aziz’s husband Tawfiq Ayman, Aziz Ayman and Alif Ayman. Pic credit: http://www.Azair.com.my (A local water supply company controlled by the same family)
BNM Governor Zeti Aziz’s husband Tawfiq Ayman, Aziz Ayman and Alif Ayman. Pic credit: http://www.Azair.com.my (A local water supply company controlled by the same family)
Portcullis Trustnet lists it’s jurisdiction as the British Virgin Isles. A popular destination for wealthy Malaysians.
Portcullis Trustnet lists it’s jurisdiction as the British Virgin Isles. A popular destination for wealthy Malaysians.

How did they do it?

  1. UBS Singapore was used to set up companies registered under Porticulis TrustNet (BVI) Limited.
  2. An offshore entity known as Sharecorp Limited acted as nominee shareholder, as a nominee company that acted on behalf of the beneficial owner of an entity to provide the extra level of secrecy.
  3. Additional layers of proxy companies where by Sharecorp Limited was as a shareholder of a company called Excorp Limited which was listed as nominee shareholder of Mermeden Ltd which listed shareholding rights in the companies of Iron Rhapsody Limited.

How were they found?

The address linked to the companies included 23 Jalan Tunku Putra, Bukit Tunku 50480 Kuala Lumpur which was verified as the home of Zeti Aziz.

Is the cat coming out of the bag?

It’s a shock to find out that the very person who is responsible for maintaining monetary and financial system stability in Malaysia does not maintain her family’s wealth locally.

There’s a missing piece of the puzzle, why is there a need for her family to keep their assets abroad?

Governor Zeti had been entrusted to protect and to strengthen the foreign exchange market and Bank Negara Malaysia is the s ole authority in issuing the national currency and in managing the country’s international reserves.

With the existence of BVI accounts linked to the Zeti Aziz’s family brings up many questions on the fiscal stability of the Malaysia.

Declaration of Assets for Transparency

By explaining why funds are being kept in two BVI companies similarly to the BVI set up for Marocs and Suharto.

This is in order to maintain the credibility of Bank Negara Malaysia and its Governor, this is a critical moment and Zeti Aziz should reveal the full details of all the bank accounts linked to her family.

Failing to do so will only imply guilt.

Governor Zeti Aziz’s Family Offshore Accounts Exposed

Corruption Scandal: Bank Negara Governor Zeti

The Plot Thickens, Special branch is currently investigating Governer Zeti, Datuk Shamsiah, Datuk Shamsuddin and Abdul Rahman of Bank Negara Malaysia under section 124 of the penal code.

Currently under investigation under section 124 of the penal code that carries a penalty of up to 20 years in prison.

Section 124 of the penal code carries a penalty of up to 20 years imprisonment.

It is understood that in addition to the section 124 investigation, a parallel corruption investigation will also be held implicating Zeti in a deal that involves Dato’ Tawfiq Ayman and Alif Ayman.

The investigation is two fold but will probe those involved in the direct negotiation of water pump contracts whereby the ministry of Education awarded lucrative water contracts to the a company that has several directors who are related to the Tan Sri Dr Zeti.

Several directors of www.azair.com.my are linked to Governor Zeti
Several directors of http://www.azair.com.my are related to Governor Zeti.
A major client of the Zeti linked company www.azair.com.my is the education ministry.
A major client of the Zeti linked company http://www.azair.com.my is the education ministry.

The investigation under way will probe the mishandling of Government funds and abuse of the tender process.

It is important to note that there is a financial commitment involved in the water treatment work. This is not a Not for Profit
A snapshot from the company website indicates that there is a clear financial commitment involved in the water treatment work. “Azair will outline the financial commitment required”, clearly this company is not a not for profit.

Dato Tawfiq Ayman is the husband of Tan Sri Dr. Zeti Akhtar Aziz who is the acting Governor of Bank Negara.

Dato Tawfiq Ayman is also under a renewed spotlight for illicit commissions received in a CIMB-Southern Bank deal where by third parties profited from stock due to the illicit handling of confidential information. There is a renewed interest in the investigation of this following the introduction of new evidence.

By virtue of the close relationship between husband and wife, Ayman has access to confidential information that has been used for his benefit in his business dealings.

In order for a bank to be sold and bought over it has to be approved by Bank Negara and the Securities Commission. What this means is that confidential information would be made available to Zeti due to her position. In the case of CIMB – Southern bank, Zeti’s husband Dato Tawfiq Ayman was a broker for the deal and was paid a handsome commission. The finalized deal was valued at just over USD1.8 million dollars with many analysts valuing the deal at 1.92 of book value. Whilst this is not extraordinary in it’s own sense, what is troubling is the involvement of Zeti’s husband in the deal.

  1. How is possible for millions and even billions of dollars as alleged by various news portals to moved around without the knowledge of the Governor of Bank Negara?
  2. Zeti should clarify why a company controlled by her family members received lucrative water contracts from the ministry of education
  3. What was the nature of Zeti’s involvement with CIMB Southern bank deal? Similarly what was Tawfiq Ayman’s involvement?
Corruption Scandal: Bank Negara Governor Zeti