Thursday, July 21, 2016

US's Action To Seize Assets Said To Have Been Bought With Funds Misappropriated From IMDB: Surely A Day Of Shame For Bolehland And Now What?!

The US Attorney-General has announced that they are filing actions to seize assets they say had been bought with funds misappropriated from 1MDB and return them to the people of Bolehland.

That is all good news to Bolehland and the long suffering citizens.

But how is the US going to return the 'loot' to the people of Bolehland?

Are they going to realise the assets, once they do recover them, and return the money directly to the people of Bolehland? How would that be possible? The only way is to return the money to the government of Bolehland for the day.

The trouble is that there is a severe deficit of trust in the Najib administration.

The Pm himself is the man who is at the center of the whole 1MDB storm as the sole owner and signatory of the sovereign fund. A role, however, that some wise and erudite ones aver only requires the Pm to put his august signature to IMDB dealings without needing to inquire into their nature thereof.

Unfortunately, that attempt to expound sounds more desperate and wholly pathetic than stretching credulity to its limit. Never mind that they could expect anyone to believe what they themselves, in all honesty, would find it a tad too incredible to buy into.

But if the Pm himself is not personally responsible for any misappropriation of 1MDB funds, could he at least not be said to be criminally negligent?

Najib has maintained that he is innocent of any wrongdoing and that everything done relating to the sovereign fund, of which he is the head honco, was above board.

Whether the rakyat believe him or not is another matter, even though Bolehland's own AG has cleared the Pm of any wrongdoing.

The US Attorney General's announcement must surely be a day of shame for Bolehland for all the unwanted international attention the country is now receiving.

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