How Najib Framed His 1MDB Cover Up Scheme At The Highest Levels In China

Sarawak Report : Back in 2020, the finance ministry’s Tony Pua MP requested China, in view of its strong ‘anti-corruption’ stance, to assist Malaysia in investigating the 1MDB cover-up stage that had involved the theft of several more billion dollars through projects issued by the previous PM/MOF, Najib Razak, to major Chinese state-owned companies.

The money was then laundered through China’s largest ICBC Bank, mainly in Kuwait, during the period 2016-2017 before the advent of the PH government.

That request was greeted with silence as Pua produced a chart to show the critical role of Chinese institutions in Jho Low’s money laundering operations (Najib’s proxy) as he sought to continue to move Malaysia’s stolen cash around the globe.

Part of the money trail

Now fascinating new detail has emerged from the translations of the Kuwaiti judgement that last week found Jho Low and four named collaborators in his operations in the Gulf state guilty of organised crime.

It is revealed the criminal scheme was initiated at the highest levels by Najib himself, who sent a top delegation to meet with Chinese senior government officials in Beijing in early 2016 with the purpose of constructing a mechanism for raising money that could be back-channelled to ‘settle the debts’ owed by 1MDB and its subsidiary SRC.

The judgement first describes a sherpa meeting which took place between Najib’s private secretary and economics officials from China’s State Council which was attended by Jho Low. It was then arranged for two of Jho Low’s closest functionaries Terence Goh and Jerome Lee to be placed on the key council for managing Malaysia’s business relations with China.

Read it all here.....