Thursday, May 26, 2016

Singapore maintains silence on Falcon Bank: A ploy to save Prince Turki,and PM Najib ?

by Ganesh Sahathevan

It has been previously reported on this blog:

Falcon Bank in breach of US Non-Prosecution Agreement: Swiss AG says quantum of related transactions is USD 4 billion,while Singapore MOF,MAS, remain silent

That silence has become even more jarring given the prosecution of BSI Bank by both the Singapore and Swiss governments.  It is especially so given that Falcon was the first Singapore bank implicated in the 1 MDB affair.  In fact, Falcon's role in the whole matter is somewhat more direct,and involves the main players, not merely the agents in the theft,as this diagram produced by Sarawak Report illustrates: 

It appears that much is being done ,and already done,in the effort to save Prince Turki, and Malaysia's Najib. Meanwhile, it does seem as if the AL-Sauds would be happy to see Prince Turki hang. This writer maintains that the  Al-Sauds have abandoned Turki Abdullah.


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