UMNO's Silence Over Kuwaiti Hoard Signals Further Cover-Up | Sarawak Report
Important news emerging from Kuwait over the past few days has so far gone unremarked in KL.
This despite the fact that it concerns the disposal of nearly two billion dollars of stolen Malaysian money – money first reported to be hidden in the gulf state by Sarawak Report back in 2020.
After two years of investigations by the anti-money laundering authorities in that country, which sources say have been hugely frustrated by a lack of Malaysian official cooperation following the fall of the PH government, it has been announced that a court case will open on September 13th relating to the frozen cash.
Once again the misappropriated millions lead right back to the web of criminality around the former UMNO prime minister Najib Razak (now finally jailed this week) acting through his catspaw Jho Low.
In the dock will be three Kuwaiti nationals accused of entering into a scheme to help Najib steal the cash from Malaysian public funds, first in the guise of funding the planned East Coast Rail Link and then two oil pipe lines which were never built.
The defendants are the powerful son of the former Kuwaiti prime minister who was in office at the time, Sheikh Sabah Jaber Al-Mubarak Al-Hamad Al-Sabah, his lawyer Saud Abdelmohsan and an old college friend of Jho Low, Hamad al Wazzan, who is understood to have connected the Malaysian fraudster to powerful figures in Kuwait.
According to local media the three have been released on bail of 50,000 dinars (RM725,000) each after months of investigations.
No comments:
Post a Comment