On July 3 and July 5, Wall Street Journal (WSJ) published news alleging Prime Minister Dato Seri Najib receiving almost US$700million (roughly around RM2.6 billions) from 1MDB and the funds went into his personal accounts right before the 13th General Election. Never before in Malaysia history that scandal of such magnitude has hit Malaysians and everyone is following the news intensely. Just after a few days after the news came out from WSJ, a special task force has started a probe on these allegations. The most pertinent question among the citizen is; what will happen to Najib?
My guess is: nothing.
Before I explain why I think nothing will happen, let me give out a few glaring pointers about this allegations first because I have been thinking about these points for the past week and can’t get my head around it.
Silence from AmBank
Being pinpointed as the bank in question in facilitating the deposit of almost US$700million (RM2.6 billion), the silence from AmBank is deafening. If no such transaction happened, AmBank, the fifth largest bank in Malaysia, should stand out immediately to clarify that no such transactions happened. As of writing, it has been a week since the publication from WSJ exposing the transactions, AmBank is still being quiet and not releasing any public statement. What is more interesting is that the task force has just confirmed on July 9th that Najib did have AmBank accounts and they were closed as alleged by WSJ.
Weak denial from Najib
Najib kept insisting that he “didn’t take 1MDB fund for personal gain/interest“. For me, the denial is about him not using the money for his personal gain/interest, but he didn’t deny that he didn’t take the money for other usage. He didn’t even deny if such transactions happened but he kept on repeating that he didn’t take the 1MDB fund for his personal gain/interest.
Crying foul and trying to find the whistleblower
Inspector-General of Police Tan Sri Khalid Abu Bakar and many quarters (mostly from UMNO/BN, the ruling parties under Prime Minister Najib) are crying foul, demanding to know the source, and trying to apprehend the person responsible of leaking such documents and information to WSJ under the Secrecy Act. That sounds to me that they are indirectly admiting that such information is authentic but in order to protect the reputation of the country and the position of the Prime Minister, they are using Secrecy Act to find the culprit and silence the leakage.
Laughable Demand Letter from Najib to Dow Jones
Dow Jones, being the owner of Wall Street Jounal, received a lawyer letter representing Prime Minister Najib to confirm claims made by WSJ. Well, I am not a lawyer but when I read the letter, I was laughing so hard that I had to take a break away from the computer. Beside the laughable English, basically the lawyer letter is asking if Dow Jones can confirm about the content, if they can explain themselves the meaning of the articles being published, telling Dow Jones what they have been thinking, what they are doing and what they will do next based on the advice from Dow Jones. If you want to see the letter, I have attached them below.
The Special Task Force
Now, the special task force comprises of Attorney-General Tan Sri Abdul Gani Patail, Bank Negara Governor Tan Sri Zeti Akhtar Aziz, Inspector -General of police Tan Sri Khalid Abu Bakar and MACC chief Tan Sri Abu Kassim Mohamed. I hereby nickname them the “4 Tan Sri”.
What you need to know is that each and every one of these Tan Sri are appointed by Prime Minister Najib and the Finance Minister, which happens to be Prime Minister Najib also. Furthermore, these people are reporting directly to the Prime Minister and Finance Minister. What was even better was the fact that Prime Minister is dictating them the scope of investigation.
Now what I think is that when a person is under investigation, he should vacate the position he’s holding, take a break/vacation so he can’t interfer with the ongoing investigation. Furthermore, with someone holding such high position in the country, Prime Minister Najib should definitely go on a vacation and let the Deputy Prime Minister to act as the acting leader for the time being to give way for the special task force to investigate the allegations made by Wall Street Journal without bias and prejudice. Of course I could be wrong but that’s what I think.
Now, why I say nothing will come out from the investigation? Well, my points above are glaring and when the special task force is reporting directly to the accused, what can happen to the accused?
So let’s just sweep the whole thing under the carpet and move on with our life.