Friday, June 26, 2015

Suddenly With The Thai Arrest Of Mr Justo Everything Is Now Honky Dory With 1MDB??

If Ah Jib & Co think that Mr Justo's arrest will clear them or anyone of any 1MDB wrongdoings, they had be better off rooting for something else more convincing and less farcical.

In the first place, the arrest itself looked too 'serendipitous' for anyone to be convinced or comfortable with it. In fact, discerning Bolehlanders were just smirking when they got news
of it.

Something just didn't seem right.

What crime had Mr Justo committed in Thailand in the first place to justify his arrest there?

Why were the Thai police so eager to arrest someone allegedly for a wrong not committed there if indeed it was about tampering with e-mails?

And why would PetroSaudi be said to have paid off handsomely a supposedly rogue employee unless they had something they didn't want the world to know?

And if indeed there had been tampering of e-mails, does that justify Ah Jib's inability to give straight and unambiguous answers as to the actual nature of the investments with PetroSaudi or anyone else?

And why did 1MDB pay overboard for their acquisitions of the power plants? Who actually benefited or benefited more from the transactions?

Where was the money that was said to have been 'repatriated' from the Caymans but deposited in Singapore?

How did the money morph from cash to 'assets' to 'units' in the short time that it took for an answer? What is meant by 'assets' and what is meant by 'units'?

Are they unfathomable and mysterious entities that cannot be expressed in words? Or were these just fictitious characters conjured up to impress and convince a gullible public?

And what has happened to the rest of the billions after accounting for the cost of the overpriced power plants and land that 1MDB is said to have invested in?

In simple, clear, believable and unmistakable language and proof positive.

And why is the sovereign fund said to be finding it difficult to even meet the interests on the 42 billion Ringgit debt it is said to have taken on in just six years of its existence?

Unless Mr Xavier Justo himself  was responsible for all the business and investment decisions and transactions of 1MDB, his arrest does not absolve anyone or answer the questions Bolehlanders want answers to.

UPDATE: Sarawak Report's reply to allegations that they had used the allegedly tampered emails to paint a bad picture of 1MDB and PetroSaudi

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