Showing posts with label 1 MDB. Show all posts
Showing posts with label 1 MDB. Show all posts

Monday, June 6, 2016

1 MDB & the Singapore-Malaysia water agreements: Satellite data shows significant loss of groundwater from the Malay Peninsula


by Ganesh Sahathevan

It has been previously reported on this blog that the Government Of Singapore's agreements with Malaysia for the supply of water will need revision regardless of  the current  relationship the country and its leaders have with Malaysia's Najib Razak.It has been previously reported that concerns for the water agreements may be affecting Singapore's desire  to fully prosecute the 1 MDB matter.

The data illustrated in the map below was obtained from NASA's  GRACE satellite

Using the data, the researchers tracked the amount of water stored on land between April 2002 and November 2014.  The red shading indicates water losses from land, while the blue shading show water gains.

The Malay Peninsula has clearly suffered a significant loss of groundwater over the period, among the worse in the world. An enlarged version of the map can be sighted at this link.
This depletion  would explain in part why catchment levels have been falling, much to the concern of the Singaporeans even as they continue to do what they can to keep the agreements in place, without any change. The data suggests that the catchments are severely stressed, and that lower levels of water can be expected regardless of weather patters.

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For reference see

Singapore ,1 MDB,a change of leadership & the water agreements: A public admission from Singapore that the water agreements are not sustainable

Thursday, May 26, 2016

Friday, April 8, 2016

1 MDB chief Arul Kanda in US Treasury cross-hairs: Justification of shady US Dollar transactions makes Arul equally guilty of US AML/CTF breaches

by Ganesh Sahathevan


Now that the Parliament of Malaysia's Public Accounts Committee has found that there were in fact
multiple breaches of AMLCTF laws involving US dollars, the focus falls back on the current CEO Arul Kandsamy who has at various times sighted those transactions, defended them and declared that he was satisfied that the transactions were all above board.In fact, he often did so when the legality of those transactions was called into question.

Subsequently Kanda is at very least an accomplice to these AML/CTF crimes and given that the transactions were primarily in US Dollars, comes well within the jurisdiction of US regulators.
His friends and accomplices at ANZ and AMMB are well placed to attest to that fact,given ANZ's rather expensive experience in that type of matter.

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