Indonesia’s leading current affairs magazine Tempo has highlighted the alleged cover-up attempt of the 1MDB scandal by the Malaysian government, despite ongoing probes by various foreign authorities.
In its latest edition, the weekly publication featured the 1MDB scandal on its front page – with a caricature of businessperson Jho Low on board the Equanimity – and in several articles within, including one headlined “Smooth outside, stalled inside.”
The report quoted Alor Setar MP Gooi Hsiao Loong, who highlighted how attempts to raise questions related to 1MDB in the Dewan Rakyat were rejected by the speaker, Pandikar Amin Mulia.
Among others, it was noted that Pandikar’s decision was due in part to protests by Umno MPs and leaders.
The Tempo report also pointed to various Malaysian authorities, including attorney-general Mohamed Apandi Ali and inspector-general Mohamad Fuzi Harun, who had cleared Prime Minister Najib Abdul Razak of wrongdoing in relation to 1MDB.
It noted that investigations by Malaysian authorities conducted over the past three years have not resulted in any charges brought against individuals linked to the state investment fund.
“Nine other countries investigating this corruption case have found facts that contradicted the Malaysian government’s claims.
“The FBI has established links between businessperson Jho Low and 1MDB, and even concluded that the Equanimity was bought using money raised from 1MDB bonds,” said Tempo in its report, in reference to filings in the US Department of Justice’s assets forfeiture suits.
The 1MDB scandal made headlines in Indonesia after the seizure of the Equanimity superyacht linked to Jho Low in Bali on Feb 28.
Last November, Segambut MP Lim Lip Eng pointed out that at least four bankers were jailed in Singapore for having 1MDB links, while at least three other countries, namely Switzerland, Luxembourg and the US, are probing alleged money laundering activities connected to the fund.
Lim was responding to Umno deputy minister Abdul Aziz Kaprawi, who alleged the DOJ had relied on unreliable sources in its investigations into 1MDB.
In total, the DOJ believes at least US$4.5 billion has been misappropriated from 1MDB, and allegedly laundered through the US financial system to acquire various assets.
It is seeking to seize US$1.7 billion in assets, including the superyacht, said to have been acquired using these stolen funds.
More from Boats / Yachts
We selected for you top 5 yacht stories of the last week at Yacht Harbour. 53-metre superyacht Tala by Turquoise Photo courtesy of Yacht …
He recently spent five weeks at the McLean Hospital in Belmont, Boston, after checking himself in for unspecified mental …
Dating a super model, scoring the winning goal at Wembley and partying on a super yacht in the Med …