Guan Eng demands investigation of ex-Bank Negara governor Zeti

Malaysia – Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz and other individuals were revealed in the recent 1MDB trial, and DAP secretary general Lim Guan Eng requested Malaysian authorities to undertake a complete probe against them.

According to a report by news portal Free Malaysia Today, this came after former banker and prosecution star witness Tim Leissner testified in a US court that Zeti’s husband Datuk Tawfiq Ayman was bribed to get BNM to approve a “overnight” foreign exchange transfer of US$1 billion (RM4.9 billion) from 1MDB to PetroSaudi International (PSI).

“I believe we should allow a complete inquiry to be conducted, not just into Zeti’s case but also into the other allegations, such as the use of 1MDB funds to purchase a US$10 million property in London in order to end an alleged personal affair with a Malaysian woman.”

He was cited as stating, “It’s shameful behavior for a foreigner to spend our money to fix his personal concern with a woman.”

Tawfiq, on the other hand, denied receiving bribes from former Goldman Sachs personnel, as revealed in the current US corruption prosecution of Malaysian former banker Roger Ng, who is tied to the 1MDB controversy..

Related Posts

In a US court, Ng is accused of bribery and money laundering in connection with funds misappropriated from 1MDB.

Leissner pled guilty to identical charges in 2018 and was fined US$44 million.

In 2009, 1MDB signed an oil exploration agreement with PetroSaudi.

According to US officials, US$700 million of 1MDB’s $1 billion infusion went to Good Star Ltd, a business owned by Low Taek Jho, also known as Jho Low.

In response to Leissner’s evidence, Bank Negara said that all investments made overseas by Malaysian residents are subject to the Exchange Control Act (ECA) 1953, which was in effect previous to 2013, and has subsequently been superseded by the Financial Services Act (FSA) 2013.

Meanwhile, according to Bloomberg, Leissner testified to a US court that he used money from 1MDB to purchase a US$10 million mansion in London for his then Malaysian sweetheart, Datuk Rohana Rozhan, who was the CEO of Astro Malaysia Holdings Bhd at the time.

Rozana had threatened to disclose Leissner’s connection with 1MDB, according to US prosecutor Drew Rolle.

Katherine S

1/4 German, 3/4 Malaysian. I write, follow and monitor closely political news happening in Malaysia, and other happening news in the ASEAN region. Newswriter for the best ASEAN news website - The Asian Affairs.

Recent Posts

V Surprises ARMY with Two Holiday Releases: A Festive Collab with Park Hyo-shin and “White Christmas” Cover

For K-pop fans, the Christmas season this year has become even more magical as several of their preferred stars reveal…

November 22, 2024

Celine Names TWS as Global Ambassadors Following Suzy Bae Announcement

After Suzy Bae's nomination as Celine's worldwide ambassador, the venerable French luxury fashion company has taken another bold step choosing…

November 22, 2024

Reddit Faces Widespread Outage, Users Turn to Workarounds Amid ‘Server Error’ Messages

Thousands of users of the well-known social network Reddit were left without access after a major outage of the website.…

November 22, 2024

Anne Hathaway Casted as ‘Verity’ in Colleen Hoover’s Book Adaptation

Anne Hathaway is slated to play the much expected film version of Colleen Hoover's best-selling book Verity in front of…

November 21, 2024

Gucci Set to Revolutionize Fashion Presentations with Unified Shows in 2025 under Sabato De Sarno’s Vision

Gucci is ready to change its presentation approach for 2025 in a radical action aimed to revolutionize the fashion industry.…

November 21, 2024

South Korea’s “Korea Discount”: Addressing the Governance Gap to Boost Market Value

As world investors wait for significant changes that might solve long-standing problems of governance and responsibility in South Korea's companies,…

November 21, 2024

This website uses cookies.

Read More