Wednesday, April 10, 2019

Rosmah Mansor can still surrender the pink diamonds, or join Najib in jail:Rosmah Mansor acquired diamonds paid for with 1MDB money in the US,placing herself within the jurisdiction of US laws against theft

by Ganesh Sahathevan



Datin Seri Rosmah Mansor leaves the Kuala Lumpur High Court April 10, 2019. รข€” Picture by Firdaus Latif

Rosmah: Apologise to the people, not to me, over pink diamond ‘slander’






Sunday, June 18, 2017

Rosmah Mansor acquired diamonds paid for with 1MDB money in the US,placing herself within the jurisdiction of US laws against theft

by Ganesh Sahathevan



SOTHEBY'S CATALOGUE NOTE

Accompanied by GIA report no. 2115637296 stating that the diamond is Fancy Intense Pink, Natural Color, VS2 clarity.   Together with a letter from the GIA stating that the diamond has been determined to be type IIa

                                                       
The pink diamond above (GIA report no. 2115637296) was offered for sale at auction by Sotheby's in 2011.Its size.colour, description and GIA report number match that which is described below in the US DOJ's latest 1MDB complaint:

852. On or about September 28, 2013, Schwartz met again with LOW and the wife of MALAYSIAN OFFICIAL 1 in a hotel suite in the Mandarin Time Warner in New York in order to show them the layout of the necklace that Schwartz had designed. Travel records confirm that the wife of MALAYSIAN OFFICIAL 1 was in New York City at this time. Travel records show that on September 27, 2013, LOW flew from Las Vegas to Teterboro Airport in New Jersey on his jet. Other passengers on that flight included AZIZ, TAN and McFarland. 

854. Schwartz Inc. issued two invoices in connection with the purchase of the 22-CARAT PINK DIAMOND NECKLACE. The first invoice, dated July 3, 2013, was for $23,000,000 for the 22-carat diamond itself. The diamond is described in the invoice as “22.17carat Natural Fancy Intense Pink VS2 clarity (GIA#2115637296) Cut-Cornered Square Modified Brilliant Cut diamond.” The second invoice, dated July 31, 2013, was for $4,300,000 for the accompanying necklace, which was described as “ONE GRADUATE FANCY INTENSE PINK AND OVAL WHITE DIAMOND NECKLACE WITH INTERCHANGEABLE PENDANT TO RING.” 

856. The invoices were ultimately paid using funds traceable to diverted 2013 bond proceeds, and more specifically, to the funds that Tanore sent to MALAYSIAN OFFICIAL 1 under the guise of investing in SRC International.  

In summary, Rosmah Mansor acquired diamonds paid for with 1MDB money in the US,placing herself within the  jurisdiction of US laws against theft, a crime.
Of course, she could well say that she had no idea the funds used were from 1MDB, and that she was always under the impression that the jewellery was a gift from her husband, PM Najib Razak, aka MO1, out of that money donated by some Saudi royal.
END 

Reference

Why has Najib not summoned the US Ambassador to protest the insinuations of criminal wrongdoing by the PM and his wife ?



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Friday, June 16, 2017

Rosmah Mansor's Choice: Surrender the diamonds, or join Najib in jail-On the other hand, has Rosmah joined Riza in seeking a settlement in exchange for cooperation

by Ganesh Sahathevan

The Department Of Justice's latest statement of claim in the matter of the 1MDB theft includes this section:


346. As discussed in Part VI.CC below, a portion of the $620 million that MALAYSIAN OFFICIAL 1 “returned” to the Tanore Account was passed through various additional accounts controlled by TAN and LOW and was ultimately used to purchase a 22-carat pink diamond pendant and necklace for the wife of MALAYSIAN OFFICIAL 1. The necklace was commissioned in July 2013, after the jeweler met with LOW, HUSSEINY, and the wife of MALAYSIAN OFFICIAL 1 in Monaco. The purchase price of $27,300,000 was paid on or about September 10, 2013, using funds traceable to the $620 million payment from MALAYSIAN OFFICIAL 1 to Tanore.



The DOJ seeks to seize the 22-carat pink diamond pendant and necklace that was purchased for Rosmah Mansor with money stolen from 1MDB.Rosmah has been given the opportunity to surrender the goods, and in the process admit to the obvious theft.
Of course, she could fight it.

On the other hand, given her son  Riza Aziz's reported negotiations with the DOJ to reach a settlement,the question arises as to whether the details of the jewellery purchases were provided at least in part  by Riza himself, with Rosmah's blessings. It does seem as if Rosmah and son have decided that it is in their best interests to serve-up Najib to the relevant authorities.
END 

References:


Sunday, May 21, 2017


Adding to the evidence provided by Riza Aziz against Mummy ::Rosmah's lawyer Noorhajran did not deny that Rosmah Mansor is a signatory for the Eric Tan/Jho Low BSI accounts

by Ganesh Sahathevan


Rosmah Mansor - victim of malicious fake news disseminated by irresponsible and unscrupulous quarters.


It has been previously reported on this blog that evidence of Rosmah Mansor's is emerging,out of documents filed in the US, as Riza Aziz fights the DOJ to recover assets acquired with funds 
stolen from 1MDB.


These revelations should be read with this earlier article by this article from a related blog,where Rosmah's lawyer did not deny that she was a signatory for the Eric Tan/Jho Low accounts at the former BSI Bank.
Taken together there is evidence of Rosmah's role at the main and subsidiary levels of the 1MDB theft,directing the flow from the original theft,and then managing the funds parked in various subsidiary accounts.

END



JAN
17




 



by Ganesh Sahathevan





From Malaysia Outlook:

The legal firm of Messrs Noorhajran Mohd Noor has been authorised by Datin Seri Rosmah Mansor (hereinafter referred to as the ‘client’) to issue this media statement

This is a general statement issued on behalf of the client to the public pertaining to accusations and falsifications of facts against Datin Seri Rosmah Mansor.

Attention is drawn to a story carried by bloggers and social media postings recently.

The allegations are those to the innuendoes made that “Rosmah was the one who signed the cheques as Eric Tan”.
This media statement is issued, in relation to above, cross-referenced with the statement of facts made by the Attorney-General of Singapore dated Jan 10, 2017 pertaining to the case of Public Prosecutor v Jens Fred Sturzenegger.

Through the statement of facts issued by the AG’s Chamber of Singapore, there was nothing mentioned in the said statement indicative of the allegations made in the social media of the purported role played by Rosmah Mansor.

These allegations are serious, intended to make representations, publishes imputations intending to harm or knowing or having reasons to believe that such imputations will harm the reputation and done with malicious intent to destroy and reduce credibility of Rosmah Mansor as the wife the Prime Minister of Malaysia Dato Seri Mohd Najib Tun Abdul Razak.

However , that is not what is alleged by the Sarawak Report story on Eric Tan and Rosmah Mansor, which has been quoted and referred to by others.The relevant parts of the Sarawak Report story state:


Who was the actual signatory on the accounts?

That Tan was actually Low confirms the point made by Sarawak Report that someone who has stolen billions of dollars would be highly unlikely to trust the money in the hands of another.  It was for this reason that it was obvious Low would not have put a genuine associate in control of these vast accounts.
However, Low was not the only player behind this sorry saga and there were others who likewise were anxious for their own assurances.
Sarawak Report has heard through very well-placed sources that there was therefore a check on the use of these accounts, which was that the actual signatory was not Jho nor Eric, but someone else.  That signature was needed to authorise payments.
Sarawak Report has been told that this signatory was a woman with whom Jho Low was closely associated in the matter of 1MDB.  So, when insiders informed us over a year ago that Rosmah Mansor had complained over Jho Low’s spending, exclaiming “It’s my money as well”, perhaps this is what they were referring to?


Put simply, Sarawak Report alleges that Rosmah Mansor's signature was required for any disbursements from the account. Rosmah's lawyer Noorhajran Mohd Noor has not denied that and instead denied forgery. A simple ,somewhat child like attempt to deny something that is not, in an attempt to be seen to be denying the allegation.
END 





Who Was The Signatory On The Eric Tan Account?

Who Was The Signatory On The 

Eric Tan Account?

Last week Sarawak Report connected the dots and concluded that the name of ‘Eric Tan’, the beneficial owner of several 1MDB related bank accounts, appeared to be merely an alias for the master-mind behind the thefts, Jho Low.
Now, the Singapore court has confirmed this suspicion, explaining that the Falcon Bank branch boss, Jans Sturzenegger, had confessed that Jho Low told him he used the identity on certain occasions ‘for security purposes‘. Sturzenegger was sentenced to 28 weeks jail and a fine for initially lying to the authorities and failing to report suspicious transactions, making him the first western banker to be convicted in this affair.
Jans Sturzeneggar 'saw Eric Tan's passport'
Jans Sturzeneggar ‘saw Eric Tan’s passport’
However, Sturzenegger is also reported as having claimed that he knew Eric Tan did actually exist, because he had been provided with a passport and a CV.
Anyone who has opened a bank account will know that somewhat more proof of identity than that is generally required to open an account – most particularly the would-be account holder needs to present themselves at the bank. In fact, Low had just impersonated Tan.
But, this matter now presses most on the Swiss side of the investigation. Sturzenegger, after all, was fairly far down the food chain at Falcon Bank and he was plainly carrying out his bosses’ orders. In particular, the CEO Eduardo Leemann, who first introduced ‘Eric Tan’ to Sturzenegger by email in January of 2012. The Singapore manager had not realised that his correspondent erickimloong.tan@gmail.com was Jho Low until he met him the following month.
The same Swiss bosses then pressured Sturzenegger to pass some $1.2 billion through these 1MDB related accounts, even though he was fearful and suspicious it might be money-laundering. He knew he should have reported the enormous transactions.
Acting casual in Dubai, Eduardo Leemann
Acting casual in Dubai, Eduardo Leemann
A former Goldman Sachs senior executive before moving to Falcon, Leemann has in the past seen fit to lecture that there needs to be far less regulation of banks. We suggest that his conduct makes clear that the exact opposite is the case and the Swiss prosecutors should make him and his colleagues a powerful example.
Criminal proceedings against Falcon were announced in Swizerland on 13th October. Two days earlier the regulator FINMA had recommended charges against two of its former senior executives, which Sarawak Report speculated ought include Leemann.
Meanwhile, the enormous half billion dollar backhanders to the over-all Abu Dhabi Aabar boss, Khadem Al Quabaisi, becomes more explicable – he had put his sovereign wealth fund and its private bank at the disposal of Jho Low to launder money from 1MDB.
What the Singapore authorities need to answer more fully is how their own flagship bank, Standard Chartered also ended up running a bogus Eric Tan account on behalf of Jho Low, laundering hundreds of millions through the so-called Blackstone Asia Real Estate Partners account.?
Why has Standard Chartered, by contrast, got off relatively lightly with a low key investigation and a modest fine – were they not equally culpable of funnelling hundreds of millions through an account run by a front?

Who was the actual signatory on the accounts?

That Tan was actually Low confirms the point made by Sarawak Report that someone who has stolen billions of dollars would be highly unlikely to trust the money in the hands of another.  It was for this reason that it was obvious Low would not have put a genuine associate in control of these vast accounts.
However, Low was not the only player behind this sorry saga and there were others who likewise were anxious for their own assurances.
Sarawak Report has heard through very well-placed sources that there was therefore a check on the use of these accounts, which was that the actual signatory was not Jho nor Eric, but someone else.  That signature was needed to authorise payments.
Sarawak Report has been told that this signatory was a woman with whom Jho Low was closely associated in the matter of 1MDB.  So, when insiders informed us over a year ago that Rosmah Mansor had complained over Jho Low’s spending, exclaiming “It’s my money as well”, perhaps this is what they were referring to?





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Saturday, April 6, 2019

Australia's Dept Of Foreign Affairs has stupidly undermined Malaysia's top judges, and prejudiced Mahathir's matters before their courts

by Ganesh Sahathevan

The Australian High Commissioner to Malaysia, Andrew Goledzinowski and his Department Of Foreign Affairs And Trade (DFAT), probably though this photo which includes Malaysia's top judges with Australian barrister Arthur Moses SC who had at the same event delivered a speech attacking PM Mahathir (see story below) and Christopher Leong, the former Bar Council  president who questioned Mahathir at the "Lingam Tape" RCI ,was a brilliant manner of conveying in one image Australia's commitment to judicial reform in Malaysia





Caption: Chris Leong, Past President, Bar Council of Malaysia, Tan Sri Datuk Seri Panglima Richard Malanjum, Chief Justice of the Federal Court, Malaysia, Arthur Moses SC, President, Law Council of Australia, Elizabeth Espinosa, President, Law Society of New South Wales, Datuk Seri Panglima David Wong Dak Wah, Chief Judge of The High Court of Sabah and Sarawak, and Andrew Goledzinowski AM, Australian High Commissioner in Malaysia.
Unfortunately ,Mahathir has at least one matter  that is on appeal before the Federal Court, and the photo above can give rise to a perception of bias on the part of the Chief Justice, and his subordinate judges.

END 





realpolitikasia

Saturday, March 30, 2019

Assisted by DFAT,Australian lawyers take aim at Mahathir,while seeking new markets in Malaysia

by Ganesh Sahathevan




The photograph above was taken in mid-to late January 2019 .Law Council of Australia President, Arthur Moses SC, travelled to Malaysia and Hong Kong for his first official engagements to open the legal year.In Kuala Lumpur Mr Moses  was "invited to give an address at the Australian High Commission, attended by members of Malaysia’s judiciary, including Chief Justice Tan Sri Datuk Seri Panglima Richard Malanjum, members of the Malaysian Bar Association, and High Commissioner to Malaysia, Andrew Goledzinowski AM."
In his speech Mr Moses decided to re-visit the 1988 dismissal of then Chief Justice Tun Salleh Abbas:He said:
  It has been 30 years since the 1988 Judicial Crisis, which saw the Lord President of the Supreme Court of Malaysia, Tun Salleh Abas, dismissed for “judicial misbehaviour”. His crime – speaking out publicly in defence of the judiciary. The crisis saw two other Supreme Court Judges also removed from the bench. Two decades on, in 2008, an Eminent Persons Panel convened on the initiative of the Malaysian Bar found all three had been improperly removed from office, and that Prime Minister Mahathir’s involvement in the crisis had been "unmistakably a direct unabashed attack on the rule of law with intent to subdue, if not subvert, the independence of the judiciary". Though what happened in 1988 was unacceptable, it has steeled Malaysia’s legal fraternity with an unrivalled strength and determination.

This direct attack on Mahathir is intriguing, given that he has been recently re-elected prime minister (despite it seems the disapproval of Mr Moses, the Australian Government, and the Australian legal fraternity), and given that over the the past 31 years much has been said by the key players in that incident, including the formerAttorney General Abu Talib Othman  who in January 2018 is reported to have said:
“However, he (Mahathir) was acting on the command of the then Yang di-Pertuan Agung Sultan Iskandar Sultan Ismail,” he said referring to the former Sultan of Johor.
Abu Talib said that he had seen the note – written and signed by the King – that was given to the PM commanding him to remove Salleh as Lord President and to replace Salleh with Abdul Hamid Omar.
“I went to see the PM and told him that neither he nor the King can remove a sitting Lord President, as that was against the constitution.
“It was a very challenging moment as the PM then asked, ‘can you ignore the command of the King?’. However, I advised and reminded him of the oath of office he took as PM to protect and defend the constitution,” he said.
Abu Talib said that Mahathir advised him to inform the King personally and he did that, going to Johor for the meeting.
“The King insisted that action be taken, despite me saying that neither him nor the PM could remove a sitting Lord President.
“He (the King) instead suggested that it be done in accordance with the constitution. So, I went back to the PM, and informed that any action taken must be done in compliance with the constitution......”
It is important to recall that Talib Othman made these public statements in January 2018 when almost everyone believed that then PM Najib Razak would be re-elected, despite Mahathir's determined (and eventually successful) challenge to Najib  and his party's control of the Malaysian Government. Malay politics dictate that punishment must follow any show of support for the opposition against the  ruling chieftain, and Talib would have understood that. 
All this seems to have escaped DFAT and Mr Moses, who was probably in Kuala Lumpur promoting Australian legal services. The President of the NSW Law Society Ms Elizabeth Espinosa was also present at that event at the Australian High Commission (see photo above).

As this writer has noted before, DFAT has not hidden its preference for Anwar Ibrahim as prime minister. Nevertheless, promoting a trade mission based on that sentiment does not 
seem a winning strategy.

END 

See also 


Diplomatic incident brewing: Mahathir declares Raja Petra a liar,AG NSW and his department insist that RPK is a credible source of information about Mahathir

Readers of this blog and its related Realpolitikasia blog will recall that a Department Of Justice NSW,Australia, document considers this article to be credible:

Ganesh Sahathevan, RPK, Clare Brown, Ginny Stein and the blood money trail.
The story by one Raggie Jessy Rithaudeen states that all the above named and others at the Australian Broadcasting Corporation were paid by Malaysian Prime Minister Mahathir Mohamad millions of dollars to fabricate stories about the 1MDB theft by former PM Najib Razak.


The Thirdforce website is co-hosted on the Malaysia-Today website, which is published by one Raja Petra Kamaruddin who is known as RPK.RPK published the above story on his own website.


Last Friday PM Mahathir told reporters in Malaysia:
“Raja Petra Kamarudin is a liar and you still believe him......”

The  Department Of Justice NSW, and its Minister, the Attorney General NSW Mark Speakman SC  have refused to retract their reliance on the Malaysia-Today/Thirdforce article, despite the obviously false claims in the article, which also claims that Mahathir's payments to the ABC are part of a conspiracy which involves Tony Blair, Donald Rumsfeld, George Soros and he.

Mahathir calling RPK a liar sets the Department,its minister the AG NSW,and the Federal Government on a diplomatic collision course with the Malaysian Government.
Not a bad effort for a state government department whose minister is MP for a constituency better known for its surf.
END         

SEE ALSO

Bizarre blog claims used to deny man right to practise law


Mahathir flags frostier Australia-Malaysia relations


Tun Mahathir Mohamad, Malaysia's former prime minister. Picture: Sanjit Das.
Tun Mahathir Mohamad, Malaysia's former prime minister. Picture: Sanjit Das.
  • EXCLUSIVE

  • SOUTH EAST ASIA CORRESPONDENT
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Australia’s famously prickly relationship with former Malaysian leader Mahathir Mohamad might not be less tempestuous a second time around with the 92-year-old now seeking re-election as the opposition candidate, and flagging concerns over Canberra’s “Pacific solution” for asylum-seekers and warning “I am not a nice person”.
Only weeks from a likely election battle, Dr Mahathir conceded bilateral relations with Australia are better under current Prime Minister Najib Razak — whose scandal-plagued government is accused of trying to secure re-election through unfair boundary ­realignments and voter incentives — than they were during his 22 years as leader.
Dr Mahathir, who frequently sparred with Australian journalists and was memorably branded a “recalcitrant” by Paul Keating for boycotting the 1993 APEC summit because he favoured an ­exclusively Asian caucus, said ­Malaysia would continue to enjoy good relations with Australia if he was re-elected leader.

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But, he said: “It would depend on the situation. I don’t like the way some new immigrants are being treated, the way some boatpeople are being sent to the Pacific Islands, kept there and actually imprisoned there.
“Does it mean I should not say it? I would speak the truth. I don’t try to win support by being very nice. I am not a nice person,” he said with a smile.
On the question of Australia joining ASEAN, which arose ­before last weekend’s Sydney summit when Indonesian President Joko Widodo said he would welcome their membership, Dr Mahathir, 92, said that while “geographically” it made sense for Australia to join the 10-nation group it might not be a good cultural fit. “In terms of sentiment, culture, there is a need to understand East Asian culture on the part of Australia. Some Australian leaders are quite insensitive.”
Dr Mahathir quit Malaysia’s ruling UMNO party in 2016 after speaking out over the alleged misappropriation of more than $US4.5 billion from 1MDB, a state development fund chaired by Mr Najib that the US Department of Justice has described as the worst case of kleptocracy it has seen.
In January he announced a previously inconceivable alliance with the opposition coalition led by his one-time deputy and political nemesis Anwar Ibrahim, who is serving a second prison term on politically motivated sodomy charges and is due to be released in June. Both men have said the ­alliance was driven by an urgent need to topple Mr Najib and UMNO, the party that has formed every Malaysian government since 1957.
Under the partnership, Dr Mahathir will stand as prime ministerial candidate for the opposition Pakatan Harapan and if elected, seek a royal pardon for Dr Anwar on his release so that he may take over the premiership.
“I will not be a passive seat warmer,’’ he said. “The reason why they (opposition) chose me is because of my past ­experience. I know what to do in the first 100 days of becoming prime minister. I have to democratise the country again. I have to limit the powers of the prime minister’s ­office, restore the rule of law.
“All these things I can do in a short time. The big problem comes with the money (Najib) has borrowed, money the country can never repay. The central bank says the debt is more than 800 billion ringgit ($264bn). That will be ­difficult to tackle but I know where some of the money is.”
While his promises to restore democracy have raised some eyebrows in Malaysia, including among opposition politicians jailed for civil dissent during his premiership, Dr Mahathir insisted yesterday: “I am not a dictator.
“When I was in government I did not exercise the kinds of ­powers that Najib does. He does not respect the rule of law at all or the constitution,’’ he said.

 
 
SOUTH EAST ASIA CORRESPONDENT
Amanda Hodge is The Australian’s South East Asia correspondent. Based in Jakarta, she has covered war, refugees, terror attacks, natural disasters and social and political upheaval from Afghanistan to Sri Lanka... 

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Friday, April 5, 2019

Anwar Ibrahim, Islamic banking, and the importance of Turkey.

by Ganesh Sahathevan



Anwar Ibrahim, right, with Turkish President Recep Tayyip Erdogan during a visit to Istanbul this week.

Anwar defends his praise for Turkish strongman Erdogan
Anwar Ibrahim, right, with Turkish President Recep Tayyip Erdogan during a visit to Istanbul this week.

History.First posted  in 2007 on the TerrorFinance blog by this writer.
It is meant to provide some background for stories to come.


Yassin Al-Kadi:A case of all roads leading to Anakara?
The New Anatolian of Turkey reported on February 23  2007:
Inspectors Hamza Kacar and Galip Sabuncu wrote a report in which they claimed that they had uncovered significant evidence of money movements linked to Yasin el Kadi (SDGT Sheik Yassin Al-Kadi) in Turkey, but added that their probe was blocked by certain bureaucrats and politicians.
The inspectors said that el Kadi's money movements were concentrated on Albaraka Turk, an Islamic finance institution….Kacar sent a letter to the Albaraka Turk on Nov. 5, 2003, asking the institution to whom el Kadi was making money transfers via the bank. The inspector also asked the meaning of two-letter codes in account abstracts of numerous companies of which al Kadi was a shareholder. Albaraka rejected the request and Finance Minister Kemal Unakitan forced the inspectors in early 2004 to complete their report in ten days. ( http://www.thenewanatolian.com/tna-23456.html )
The report read in context of other information in the public domain links together  a number of persons whose names have featured prominently in the counter-terrorism financing literature.
In his book "Desperately Seeking Paradise" Zianuddin Sardar ,(usually
described as a London based Muslim moderate), gives an account of how
somewhere  around the time the   first Gulf War was about to or had commenced, he was persuaded  to fly to Saudi Arabia  at the invitation of certain wealthy Saudis to receive a grant of USD 5 million that was to  enable him to set-up a think tank that would put forward the Arab view.
Sardar was then in Malaysia, had reservations about making the trip, but
was persuaded to go by  Anwar Ibrahim, who was then  Minister
for Education but  about to appointed Minister for Finance.
Sardar writes that Anwar told him to accept their invitation, for the
Saudis had been on the phone to him rather often about the matter of
the gift to Sardar.
Sardar flew to Saudi Arabia,and went on to meet  Sheikh Saleh
Kamel,founder of the Al Baraka investment group.Also present at that
meeting was Anwar Ibarhim, who Sardar says had flown out separately in a Malaysian
government jet.
In September 1990  The Malaysian Ministry of Finance sold a 17.5 %
stake in Bank Islam Malaysia Bhd , Malaysia's first Islamic bank,  to JAMI Malaysia Sdn Bhd . Its shareholders were the New York-based Saar
Corporation,  the Saudi-based Al Rajhi,Banking and  Investment
Corporation (ARABIC)  and Salah Kamel's Al Baraka Group.
The minister for finance at that point  of time was Daim Zainuddin.
Bank Islam appears to have been involved in laundering funds belonging to the Third World Relief Agency; I have written about this previously in an article located at http://www.terrorfinance.org/the_terror_finance_blog/2006/11/jamal_barzinji_.html
Anwar Ibahim replaced Daim Zainuddin as Minister for Finance sometime  in 1991.
The company listed on the Kuala Lumpur Stock Exchange  in 1992 .
In May 1994  the Ministry of Finance Inc (Anwar Ibrahim)  disposed of
its entire 21.14m shares in Bank Islam Malaysia Bhd to Lembaga Urusan
dan Tabung Haji and Jami Malaysia Sdn Bhd, and ceased to be a
substantial shareholder. A total of 18.46m shares were sold to Lembaga
Urusan dan Tabung Haji bringing its stake in Bank Islam to 35.70m
shares, or 26.76%. The remaining 2.89m shares were sold to Jami
Malaysia, which was at that time  the registered holder of 5.27m
shares.
Jamal Barzinji, who heads the SAFA Trust which is part of the SAAR
Foundation,and who together with Anwar and others founded the
International Institute of Islamic Thought (he was at that time,as he
is now ,like Anwar a  director  of the IIIT)was appointed  a director
of the bank and appears to have remained as one until sometime in
2003(for further details see http://www.terrorfinance.org/the_terror_finance_blog/2006/11/jamal_barzinji_.html)
Later in 2002  it would be revealed in the affidavits of David Kane
that the IIIT  also was  funded by the SAAR Corporation and the SAFA
Trust.
That is, Anwar 's IIIT received funding from the SAAR Foundation at
the same time that he sold the SAAR Foundation the MOF's shares in
Bank Islam.
Then, in May 2006, Salah Kamel decided to float his banking assets on the Bahrain Stock Exchange. The now listed vehicle for the exercise, Al-Baraka Banking Group, (ABG)   raised some US$ 580 million in what was termed one of the biggest IPO's in the Middle East.
Anwar Ibrahim was appointed and remains a member of the ABG board.( see http://www.abg.bh/English/aboutboarddirectors.htm )
In 1991, SDGT Sheik Yassin Al-Kadi and two of Anwar Ibrahim 's closest associates, Drs  Wan Hasni Wan Sulaiman and Rahim Ghouse, formed Abrar Inc, a fund management company. This business was to take many shapes and forms, particularly after its base of operations was moved to Malaysia. These matters have been written about extensively on this site. The most recent article can be sighted at http://www.terrorfinance.org/the_terror_finance_blog/20
In September 2005, shortly after his release from prison , Anwar Ibrahim visited Turkey, at the invitation of Erdogan's Justice and Development Party, for meetings with amongst others,  Erdogan and an adviser, Dr Ahmet Davutoglu.
The following has been said of Davutoglu:
Davutoglu has spent time in Malaysia and speaks highly of that
country's supposedly dynamic and rather unique combination of Islam,
capitalism, and democracy. It is no surprise, then, that in recent
months Erdogan has reached out to some unsavory characters in Turkey's
neighborhood, visiting President Bashar Assad in Syria earlier this
year and traveling to Tehran to meet the Iranian mullahs.
(Gerard Baker, Let's Not Talk Turkey ,The Weekly Standard,29 August 2005)
AKP  politician Ahmet Davutoglu, previously a professor at the
International Islamic University in Malaysia, and now an advisor to
both Prime Minister Erdogan and Foreign Minister Abdullah Gul, argues
that Turkey can remain powerful only if it utilizes the "strategic
depth" of its neighborhood, developing better ties with those Muslim
neighbors with whom it shares cultural affinity. The world is composed
of cultural blocs, he writes, and Turkey falls into the "Muslim bloc."
(Soner Cagaptay, ANKARA DISPATCH,Eastern Heading; TNR Online | Post date 09.08.04)
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