PM Najib's RM 1.125 Billion in HK: Is this the "gift" from "Prince Saud" sent via the fake Blackstone?
by Ganesh Sahathevan
It was reported on this blog last year that some RM 1.125 billion had been traced to PM Najib Razak's accounts in Hong Kong.
ABC 4 Corner's Linton Besser has since published a letter from a Prince Saud Majid AlSaud, apparently gifting some USD 375 million to PM Najib, that was to be conveyed via a company named Blackstone, which Sarawak Report has shown belongs to Jho Low, and intended to pass-off as the well-known US investment firm of the same name.
The letter is obviously fake,and this writer will be happy for "HRH Prince Saud AlSaud Majid AlSaud" to prove otherwise, on this blog or any other open access media.
Meanwhile, the transactions referred to in the letter go back to 2010-2100, when the Ringgit was approximately 3 times to the dollar.
USD 375 million would then be approximately RM 1.125 billion, the exact amount that was transferred to Hong Kong..It does appear that the allegations raised in September last year have been proven (see story below).
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by Ganesh Sahathevan
Overlooked in this week's reporting is this revelation ,with regards a report lodged with Hong Kong Police by UMNO whistle-blower Khairuddin Hassan:
Four other companies are also suspect, added Khairuddin, because Najib is a signatory here and the accounts of the companies show that a total of RM1.125 billion has been kept at the Hong Kong branch of Credit Suisse. “I have requested the Hong Kong police to conduct comprehensive and detailed investigations on the financial sources of the companies concerned and their transactions.”
“I requested the authorities concerned to investigate Alliance Assets International Ltd; Cityfield Enterprises Ltd; Bartingale International Ltd; Wonder Quest Investments Ltd. All these companies have Najib as the signatory.
Khairuddin, at the same time, also lodged another set of police reports on Jynwell Capital (HK); Jynwell Charitable Foundation; and Strategic Resources (Global Ltd), all owned by Jho Low and family.
It has been established that the report included this document,which suggests that monies were transferred from Najib's AMislamic Bank and Singapore accounts to accounts at Credit Suisse's branch in Hong Kong:
The report against Larry Low concerns the Low family's takeover of Coastal Energy , a company formerly listed on the Toronto Stock Exchange.It has been alleged that the takeover was funded in part with funds from 1 MDB.The report points the finger at Tan Sri Larry Low as the mastermind of his son Jho Low's adventures. The reports taken together suggest a base of operations in Hong Kong.
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Overlooked in this week's reporting is this revelation ,with regards a report lodged with Hong Kong Police by UMNO whistle-blower Khairuddin Hassan:
Four other companies are also suspect, added Khairuddin, because Najib is a signatory here and the accounts of the companies show that a total of RM1.125 billion has been kept at the Hong Kong branch of Credit Suisse. “I have requested the Hong Kong police to conduct comprehensive and detailed investigations on the financial sources of the companies concerned and their transactions.”
“I requested the authorities concerned to investigate Alliance Assets International Ltd; Cityfield Enterprises Ltd; Bartingale International Ltd; Wonder Quest Investments Ltd. All these companies have Najib as the signatory.
Khairuddin, at the same time, also lodged another set of police reports on Jynwell Capital (HK); Jynwell Charitable Foundation; and Strategic Resources (Global Ltd), all owned by Jho Low and family.
It has been established that the report included this document,which suggests that monies were transferred from Najib's AMislamic Bank and Singapore accounts to accounts at Credit Suisse's branch in Hong Kong:
The report against Larry Low concerns the Low family's takeover of Coastal Energy , a company formerly listed on the Toronto Stock Exchange.It has been alleged that the takeover was funded in part with funds from 1 MDB.The report points the finger at Tan Sri Larry Low as the mastermind of his son Jho Low's adventures. The reports taken together suggest a base of operations in Hong Kong.
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