Corruption Scandal: Bank Negara Governor Zeti

By admin-s On Jul 30, 2015

The Plot Thickens, Special branch is currently investigating Governer Zeti, Datuk Shamsiah, Datuk Shamsuddin and Abdul Rahman of Bank Negara Malaysia under section 124 of the penal code. Section 124 of the penal code carries a penalty of up to 20 years imprisonment.

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It is understood that in addition to the section 124 investigation, a parallel corruption investigation will also be held implicating Zeti in a deal that involves Dato’ Tawfiq Ayman and Alif Ayman.

The investigation is two fold but will probe those involved in the direct negotiation of water pump contracts whereby the ministry of Education awarded lucrative water contracts to the a company that has several directors who are related to the Tan Sri Dr Zeti.

Several directors of www.azair.com.my are linked to Governor Zeti — Several directors of http://www.azair.com.my are related to Governor Zeti.

A major client of the Zeti linked company www.azair.com.my is the education ministry. — A major client of the Zeti linked company http://www.azair.com.my is the education ministry.

The investigation under way will probe the mishandling of Government funds and abuse of the tender process.

It is important to note that there is a financial commitment involved in the water treatment work. This is not a Not for Profit — A snapshot from the company website indicates that there is a clear financial commitment involved in the water treatment work. “Azair will outline the financial commitment required”, clearly this company is not a not for profit.

Dato Tawfiq Ayman is the husband of Tan Sri Dr. Zeti Akhtar Aziz who is the acting Governor of Bank Negara.