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Showing posts from October, 2020

SFC HK fined Goldman Sachs Asia US 350 Million for its part in the 1MDB theft-Even more questions for ASIC's James Shipton; questions also for those who selected and appointed him ASIC head despite his Goldman-1MDB baggage

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by Ganesh Sahathevan  PHOTO:  ASIC's new chair, James Shipton  (Supplied: Harvard University) Australia appoints Goldman man who oversaw 1MDB deals head of corporate  regulator ASIC: James Shipton looked the other way to allow Goldman to profit  from the 1MDB theft Goldman Sachs Malaysian subsidiary has admitted guilt with regards the 1MDB matter in Malaysia, while Goldman itself has agreed to pay a USD 2 Billion penalty with regards its part in the 1MDB theft. The offences concern breaches of the US Foreign Corrupt Practices Act (FCPA).  Goldman has also  paid hundreds of millions in fines in Singapore and Hong Kong with regards the 1MDB matter.  The  Securities and Futures Commission (SFC) Hong Kong  reprimanded and fined Goldman Sachs (Asia) L.L.C. (Goldman Sachs Asia) US$350 million (HK$2.71 billion) for serious lapses and deficiencies in its management supervisory, risk, compliance and anti-money laundering controls that contributed...

USYD Law Professor Simon Rice "accidental arrest" : Was it in fact deliberate, and did NSW Police act on intelligence provided by USYD; Rev Dr Spence has not responded to story about USYD-NSW Police collusion

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by Ganesh Sahathevan                             Rev Dr Spence leaves in December should not be allowed to leave before answering for his actions.The photo above by Honi Soit represents the sentiments of many at the way Spence changed the very character of the University University Of Sydney (USYD)  law professor Simon Rice wrote last week in the SMH  about his "accidental arrest" (see story below). However, Sydney Criminal Lawyers (SCL) published previously evidence in the form of emails between Sydney University and NSW Police of USYD providing NSW Police intelligence on student protests. As reported on this blog, USYD Vice- Chancellor Rev Dr Michael Spence has yet to provide a response to the SCL story: Sydney Uni VC Rev Dr Michael Spence "very disturbed " by police action against stu...

Singapore announces pilot plan to import electricity from Malaysia-no mention of the Australian-ASEAN Power Link (AAPL)Sun Cable : Questions for Angus Taylor, Twiggy Forrest, and climate warrior Canon-Brookes

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 by Ganesh Sahathevan  Mike Canon-Brookes is beleieved to have invested around AUD 1 Billion into renewables projects, including the Australian-ASEAN Power Link (AAPL)Sun Cable The latest from Singapore, reported by Channel News Asia: Singapore will import electricity from Peninsular Malaysia under a two-year trial, said the Energy Market Authority (EMA) on Monday (Oct 26 2020). The trial aims to "assess and refine the technical and regulatory frameworks" for importing electricity into Singapore, said the authority in a press release. This would help to facilitate larger-scale imports from the region in future, added EMA. "To meet our climate change commitments, there is a need to change the way Singapore produces and uses energy," said EMA. "Tapping on regional power grids for cleaner energy resources is one strategy to further diversify Singapore’s energy supply," it added. In a keynote speech delivered at the opening of the Singapore International Energ...

YA Tuan George Varughese maintains silence on the matter of his dealings with Australia's College Of Law

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 by Ganesh Sahathevan  Judicial Commissioner George Varughese continues to maintain his silence with regards his dealings with Australia's College Of Law, whose JV with the Bar Council Malaysia, entered into  during Varughese's tenure as Bar Council president , has raised a number of issues that demand answers.  TO BE READ WITH  realpolitikasia Sunday, June 21, 2020 YA Tuan George Varughese Pesuruhjaya Kehakiman Mahkamah Tinggi Pulau Pinang Dilantik sebagai Pesuruhjaya Kehakiman pada 28 November 2019 (Click to enlarge)  It has been previously reported here that  The Bar Council -College Of Law LLM lacked a physical presence which in turn raised tax and MIDA regulatory issues.  The nature of the College's operations worldwide can now be shown in the diagram above , which is located at the this link on the College's website:  https://www.collaw.edu.au/-/media/col/au_files/downloads-and-forms/about/corporate-governance/college-of-law-corporate-a...

Liberation theology Pope's new Black Lives Matter Cardinal shares his views on LGTIQ+ issues :Pope's theology seems to guided by Australian novelist Morris West, not his immediate predecessors

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 by Ganesh Sahathevan  The Pope is seen as surrendering the faithful in China to the Communist Party .There has been an allegation that the Vatican  is being paid USD 2 Billion a year to maintain the secret China deal. Pope Francis has announced the appointment of Wilton Gregory, the Archbishop of Washington DC , as one if his cardinals. Gregory is best known as a supporter of the Black Lives Matter movement  , and LGBTIQ+ issues (see below). In these he seems one with his Pope, who seems to be guided in his theology by the works of the Australian novelist Morris West   rather than his immediate  predecessors, Saint John Paul The Second , Benedict the Sixteenth. The Pope's Latin American liberation theology antecedents seem to be clouding his judgement.  TO BE READ WITH  LGBT Catholics optimistic about new Archbishop of Washington Share 231 Tweet Email Share 231 SHARES Archbishop  Wilton D. Gregory  is the newly appointed head of t...