29 Jul '15, 10pm

Ransacking Malaysia: the Najib Corruption Dossier - by Binoy Kampmark (CounterPunch)

by BINOY KAMPMARK CounterPunch JULY 28, 2015 He is, like many of his colleagues in the United Malays National Organisation (Umno), a stubborn barnacle. The Malaysian Prime Minister Najib Razak has struggled cleaning up the mess that ensued after revelations that he has been effectively ransacking the Malaysian state during his time in office. Pity a country with natural resources, and government policies that pride connections over industry; sleeping partners over industrious ones. The so-called 1MBD revelations have done much to tarnish, and possibly sink Najib in the kleptocratic maelstrom. The 1Malaysia Development Bhd, Fund or 1MDB, has been riddled with rotten apples, and there always was a looming question as to whether one of them came from the PM’s office. Najib, for one, founded the body while heading its board of advisors. During the course of his stewardship, th...

Full article: http://blog.limkitsiang.com/2015/07/30/ransacking-malaysi...

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