Author Topic: 1MDB  (Read 1397 times)

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Online Taman Tun

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1MDB
« on: July 29, 2016, 09:06:54 AM »
For some time I have been following the scandal surrounding the Malaysian President Najib and the highly corrupt 1MDB government investment agency.  1MDB is one of the reasons for the huge decline in value of the Malaysian ringgit.  I had not realized that there was a Thai dimension to the scandal until I read this excellent article in the Guardian.  If you have enough money you can get your enemies locked away for ever.  I hope the Thai government picks up on the story and gets the unfortunate Xavier released from jail.
http://www.theguardian.com/world/2016/jul/28/1mdb-inside-story-worlds-biggest-financial-scandal-malaysia?CMP=Share

 
If the old only could, if the young only knew.

Offline Johnnie F.

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Re: 1MDB
« Reply #1 on: August 10, 2016, 08:53:56 AM »
I hope the Thai government picks up on the story and gets the unfortunate Xavier released from jail.

The king reduced his sentence by one third; what means one more year to go, the Swiss news portal whatson.ch (in german) reports.

Online Taman Tun

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Re: 1MDB
« Reply #2 on: August 10, 2016, 09:34:39 AM »
Better than nothing.
If the old only could, if the young only knew.

Offline Johnnie F.

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Re: 1MDB
« Reply #3 on: December 21, 2016, 09:23:09 AM »
News are now, that he was pardoned and released since he had only one year to go.

Neue Z├╝rcher Zeitung

Online Kev

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Re: 1MDB
« Reply #4 on: December 21, 2016, 02:10:58 PM »
https://asiancorrespondent.com/2016/12/thailand-releases-swiss-linked-1mdb/

yep and 150 other people received pardons as well.