tag:blogger.com,1999:blog-19741162.post9038882225975192310..comments2024-02-22T02:33:21.869+08:00Comments on Another Brick in the Wall: 1MDB-IPIC resolved, Cap Bunga resort to petty misquoteA Voicehttp://www.blogger.com/profile/01780035743502972342noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-19741162.post-73998088444222025862017-04-25T13:37:14.919+08:002017-04-25T13:37:14.919+08:00The S'pore Biz Times reported it under the byl...The S'pore Biz Times reported it under the byline "Malaysia, Abu Dhabi settle 1MDB-related row. Settlement is conditional on the Arbitration Tribunal making a consent award by end-May 2017" (https://www.businesstimes.com.sg). <br /><br />The report said, interalia:<br /><br />"....questions still remain. For one thing, 1MDB said that the obligations will be met by monetising its investment fund units. <br /><br />"1MDB provided no details on this, but it is well known that its wholly owned Brazen Sky has "fund units" from its controversial investments in Cayman Islands-registered funds that are kept in an account in BSI Singapore - the private bank that was at the centre of the 1MDB scandal. Last year, Singapore regulators ordered to shut down BSI's operations here for breaching anti-money laundering rules and has so far convicted three former BSI private bankers amid its 1MDB funds probe". <br /><br />So, if BSI Singapore has been shut down, where are the "fund units" that were "kept in an account in BSI Singapore"? <br /><br />Have these "fund units" been frozen by the Singapore regulators? <br /><br />If yes, will the Singapore regulators agree to "unfreeze" them? <br /><br />Note that BSI Singapore's Swiss head office has up to now refused to disclose just how much funds was held in accounts in BSI Singapore and what happened to the funds when the bank was shut down in Singapore. Were the account holders reimbursed in full? <br /><br />There's a lot more to this story that has not been disclosed. No matter the "spinning" that is now underway. Tebing Tinggi XVIInoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-37335113648615109052017-04-25T09:19:18.777+08:002017-04-25T09:19:18.777+08:00"May you be saved from bring an accomplice!&q..."May you be saved from bring an accomplice!"<br /><br />Spot on Bro.<br />I would certainly not be an accomplice to Kleptocracy which gave a bad image to my religion, race and Nation. Even the Royal Institutions would not be spared if they're seen as being an accomplice with Cash is King.RD.https://www.blogger.com/profile/06318291442880190908noreply@blogger.comtag:blogger.com,1999:blog-19741162.post-63633147745187101802017-04-24T23:15:38.144+08:002017-04-24T23:15:38.144+08:00haaiyah. i thought want to discuss the ipic-1mdb t...haaiyah. i thought want to discuss the ipic-1mdb tiff, then it becomes a religious lecture. hampeh. <br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-72883879188735130892017-04-24T20:32:19.462+08:002017-04-24T20:32:19.462+08:00Its not about the settlement. There shouldn't ...Its not about the settlement. There shouldn't be any debt in the first place. Najib thought he could get away with it when he started the company without the knowledge of his own cabinet. Alhamdulillah ..Allah is Great. Insyaallah the rakyat will never forget.Anonymousnoreply@blogger.com