*Bank Negara even instructed
the company
to make an official announcement on all major
newspapers
informing the public of Genneva’s business practices.
*The
company complied and published this
in all major newspapers as requested by Bank Negara.
A joint press release by Bank Negara Malaysia, police and the Attorney-General’s Chambers said the raids were conducted in the best interest of the public to avoid them falling victims .....
“Furthermore, the companies were also found to be unable to provide the guarantee buy-back of gold.
~ BNM
So now- let's see how much of "public interests", BNM really cares about ....
An ex-Bank Negara insider reveals the inside
track on the currency speculation undertaken by Nor Mohamed Yakcop and
other powerful people about 20 years ago.
GEORGE
TOWN: A former Bank Negara insider has named four powerful elites as
main players to have caused the central bank’s massive RM30-billion loss
in the international foreign exchange speculation scandal some 20 years
ago.
In his explosive revelation, retired Bank Negara deputy manager, Dr
Rosli Yaakop named former Prime Minister Dr Mahathir Mohamed, ex-finance
minister Daim Zainuddin, ex-Bank Negara Governor, the late Jaffar
Hussein and current Minister in Prime Minister’s Department in charge of
Economic Planning Unit Government Nor Mohamed Yakcop as the “forex
scandal elite club masters.”
Abdul
Taib Mahmud, who has headed the Malaysian state of Sarawak for over 30
years, is worth $15 billion according to a new report by the Bruno
Manser Fund. The report, The Taib Timber Mafia, alleges that Taib
has used his position as head-of-state to build up incredible amounts
of wealth by employing his family or political nominees to run the
state's logging, agriculture, and construction businesses.
When Sarawak Chief Minister Taib Mahmud told
longhouses residents in Sungai Aup, Sibu, in 2010 that he had 'more
money than he can ever spend', people understood that he was rich. But
how rich, was anyone's guess.
The Musa Aman Connection: HSBC’s Money-Laundering Scandal
Written by
Sarawak Report
Thursday, 19 July 2012 10:56
As HSBC’s Global Head of Compliance
resigned
in disgrace yesterday, acknowledging the bank had turned a blind eye to
a staggering $38 trillian dollars’ of suspect transactions, thoughts
in Sabah will have returned to the financial affairs of their Chief
Minister, Musa Aman.
The Malaysian Anti-Corruption Commission (MACC) report into timber
kickbacks (a case described by Najib Razak as being “linked to Musa
Aman”) contains a great deal of information about HSBC’s involvement in
processing the millions of dollars that ended up in Musa’s bank
accounts.
14 Oct 2012
This post is also available in:
Malay
Bag carrier – Michael Chia was caught couriering RM40million for Musa Aman, which the PM now says was destined for Sabah UNMO
This weekend Malaysia’s PM, Najib Razak, indicated it was
perfectly “proper” for his party to accept secret donations of millions of dollars from undisclosed sources.
He was referring to the RM40million that the Hong Kong authorities
seized in 2008 in the possession of a courier Michael Chia, who was in
the process of trafficking the money in a suitcase to Sabah.
For the past four years the Chief Minister of Sabah, Musa Aman, has
strenuously denied that this money had anything to do with him or indeed
that he had “any business association whatsoever” with Michael Chia.
OVER TO YOU, BANK NEGARA MALAYSIA!!!
