Tag: Corruption

With elections near, Rafizi pressures Najib on 1MDB

Opposition MP Rafizi Ramli is not worried about a jail term that is hanging over his head and he is pressing ahead with more charges against supporters of the Prime Minister Najib Razak. After announcing that a former PAS leader had received 1MDB money, he...

This is why Mahathir can’t really undo Najib

Prime Minister Najib Razak happened only after former Prime Minister Mahathir Mohamad forced a leadership change in Malaysia in 2009. He did not come to power by his own charm, capacity or by the will of the members of the ruling party, Umno. Without Mahathir pressing...

Three banks among unresolved 1MDB cases in Switzerland

The Swiss financial regulator Finma said it’s still investigating three private banks linked to the 1MDB scandal. While it said it considered the UBS Group AG probe closed - in relation to alleged corruption and money laundering at the Malaysian government fund known as 1MDB...

1MDB stands tall in Swiss regulator’s anti-money laundering battle

1MDB, the scandal ridden Malaysian sovereign fund is, stood tall in a report on the rise of money laundering activities involving Swiss banks. The Swiss regulator Finma, while it did not mention 1MDB by name in its report but it is clear that 1MDB was...

Graft fighting Riau people shocked at 1MDB scandal

There is no polling in Riau that will tell the extent of the sentiment expressed by the locals over the 1MDB scandal. But as soon as Prime Minister Najib Razak's image appears on local television stations, patrons in coffee shops and restaurants would mumble in...

How Malaysia’s cronyism, corruption remain a setback

Malaysia is facing intense challenges for its “wawasan 2020”, and it is clear that despite being on its way to achieve the much craved developed nation status by 2020, it will remain a country rigged by scandals, corrupt practices and money politics. A recent article by...

Malaysia losing to Indonesia, says Bloomberg

Talking about the politics of ethnicity and religion, Bloomberg.com said Malaysia is slowly losing out to Indonesia in what it calls the reversal of fortunes of the neighbouring states. It said the two Muslim majority nations are still wrestling with the politics of ethnicity and...

FINMA links BSI Singapore, BSI Swiss to 1MDB

In a massive revelation, the Swiss financial market supervisory authority FINMA has conclusively linked troubled bank BSI AG and its Singapore branch, to the global scandal surrounding Malaysian sovereign wealth fund 1MDB. FINMA said through business relationships and transactions linked to the corruption scandals surrounding...

Should the Law Protect Whistleblowers from Prosecution?

Should whistle blowers be protected
Things like corruption, bribery and anti-competition practices occur in every country all over the world. Recent scandals here in Singapore have shown a light on how this type of wrongdoing occurs and how the authorities detect and prosecute the activities. The truth is, that...

Driving up to Malaysia?

Stories of Singapore motorists trying to escape traffic summonses by offering bribes to Malaysian police officers are common. Well, if you are one of those who intend to go that path, better check your instincts. Three Singaporeans  have been convicted in a Johor Baru court with offering bribes to enforcement officers....