Tuesday, August 4, 2015

Do Malaysians trust Najib's version of RM2.6b donation claim?

Tuesday August 4, 2015
10:52 AM GMT+8

KUALA LUMPUR, Aug 4 — Newly appointed minister Datuk Seri Dr Salleh Said Keruak questioned today what was the issue now that the country’s graft busters have confirmed that the RM2.6 billion deposited in Prime Minister Datuk Seri Najib Razak’s personal bank account did not come from 1Malaysia Development Berhad (1MDB).
The communications and multimedia minister said the uproar after the Malaysian Anti-Corruption Commission (MACC) stated yesterday that the money had come from “donors”, not from the state-owned fund as previously alleged, showed a “classic case of you can never satisfy the critics”.
“So what is the issue now? Should they not be happy that the money was not stolen from 1MDB as alleged? That is what they demanded to know and that was what MACC confirmed,” Salleh Said wrote on his blog.
“If Najib tells them that the donation did not come with strings attached would they believe him?” the former Sabah chief minister added.
In a statement yesterday, the MACC said the RM2.6 billion cash deposits in the prime minister’s personal bank accounts were not from 1MDB but did not disclose the identities of its donors or the purpose of the contribution, nor how the money was spent.
In a report in June, US-based daily Wall Street Journal, citing documents from Malaysian investigators currently scrutinising the troubled 1MDB’s financials, claimed that a money trail showed that US$700 million (RM2.6 billion) was moved among government agencies, banks and companies before it ended up in Najib’s accounts, two months before the 13th general election in May 2013.
In Election 2013, Barisan Nasional contested 221 parliamentary seats and 505 state seats.
The Election Offences Act 1954 prohibits candidates from spending more than RM200,000 in elections for parliamentary seats and more than RM100,000 for state seats.
This means that the ruling coalition had a spending limit of RM94.7 million in the 13th general election.
 Do Malaysians trust Najib's version of  RM2.6b donation claim? Just because he says its a donation do we have to nelieve? Why didn't he say so at the onset, instead wanting ro sue WSJ. 

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