The Pavilion Residences nightmare for Tommy Thomas
And why does it take one year from the date of the seizure to the date the forfeiture notice is issued? If they are so sure that the RM1.1 billion jewellery, watches, sunglasses, shoes, etc., were bought with 1MDB’s money, this means they have the evidence. If they do not have the evidence how can they simply confiscate people’s property? They cannot seize first and try to prove later. And now that they cannot prove it they keep moving the goalposts by changing their story every time. No wonder they asked that Amar Singh Ishar Singh to retire. He blundered big-time.
THE CORRIDORS OF POWER
Raja Petra Kamarudin
Najib Abdul Razak today dismissed reports that the assets seized from the Pavilion Residences condominium units – including more than 10,000 pieces of jewellery – were purchased by fugitive businessperson Low Taek Jho using stolen 1MDB funds.
“The forfeiture notice against me and my family is on the grounds that the value of the assets does not commensurate with our total income,” the former prime minister said in a Facebook post.
“Not once in the forfeiture notice was there mention in detail that the assets were purchased by Low using 1MDB funds.”
Najib was referring to a report by The Edge Weekly that said investigators traced hundreds of millions of dollars in 1MDB funds to four company accounts in Singapore.
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What now, Tommy Thomas?
The Attorney General, Tommy Thomas, does not quite know how to charge Najib Tun Razak and Rosmah Mansor on the reported RM1 billion or so (RM900 million-RM1.1 billion) worth of valuables the police seized from the Pavilion Residences.
Initially, they justified the raid and seizure by saying the valuables were bought with money stolen from 1MDB. The raid and confiscation of the valuables were not done in the presence of the apartment owner or the owner of the valuables so we have to just take the word of the police regarding what they seized and the value of the seizure.
There was no seizure list signed by the owner of the seized valuables so the police are free to say what they like and no one can deny the police version of the story. The fact that the figure kept changing and kept going up and down is proof that the police version of the story is questionable. They could not make up their mind what story they wanted as the official story. The story kept changing.
Finally, Malaysians are told that the value of the seized valuables is RM1.1 billion and that they were all brought with money stolen from 1MDB. Amongst that RM1.1 billion is cash worth more than RM100 million.
Now we are told it is not RM1.1 billion but only RM711 million. But the RM711 million figure involves other items and what came from the Pavilion Residences is only RM680 million. So, what happened to another RM400 million or so? Where has the RM400 million disappeared to?
Amar Singh Ishar Singh blundered big-time and was asked to retire and is now seeking Canadian citizenship for ‘health reasons’
Just a few days before the one-year deadline — which means unless they have a case against Najib and Rosmah then they need to return the seized valuables — they issue a forfeiture notice for RM711 million that says the valuables (now RM711 million and no longer RM1.1 billion) were bought by Jho Low using 1MDB’s money.
So now it is no longer Rosmah and Najib who bought those valuables. It is Jho Low who bought those valuables. And Jho Low used money he stole from 1MDB to buy these valuables and then he gave them to Najib and Rosmah as presents.
So, what is going to happen next? Did Najib steal money from 1MDB or not? And did Najib buy RM1.1 billion (or RM711 million) worth of valuables with money stolen from 1MDB or not? Did Najib personally buy those valuables or did Jho Low buy them and gave them to Najib and/or Rosmah as presents? Do the 1MDB accounts show that RM1.1 billion (or RM711 million) was used to pay for jewellery, watches, sunglasses, shoes, etc?
And why does it take one year from the date of the seizure to the date the forfeiture notice is issued? If they are so sure that the RM1.1 billion jewellery, watches, sunglasses, shoes, etc., were bought with 1MDB’s money, this means they have the evidence. If they do not have the evidence how can they simply confiscate people’s property? They cannot seize first and try to prove later. And now that they cannot prove it they keep moving the goalposts by changing their story every time. No wonder they asked that Amar Singh Ishar Singh to retire. He blundered big-time.
