Sunday, December 23, 2012

Money Laundering? Questions In Australia For Taib’s Brother Onn – EXCLUSIVE!

Money Laundering ? Questions In Australia For Taib’s Brother Onn
Wanted for questioning? Taib’s brother
and long time business
associate Onn Mahmud

Chief Minister, Taib Mahmud’s business-partner brother Onn has left some very awkward questions to be answered in Sydney, where his family lives in one of the city’s smartest houses, over-looking the harbour bridge.
Documents obtained by Sarawak Report plainly show that Onn Mahmud has offered conflicting information to the Australian authorities, in order first to obtain a Business Visa and then to export the profits from a series of multi-million dollar property transactions.
Incorrect information given to the authorities includes claiming that a foreign based company, Ryan Park Limited, which was used to sponsor his visa application, was an “Australian Private Company” registered in Australia.
We can further reveal that Onn Mahmud has bought and sold tens of millions of dollars worth of investments in Sydney real estate, through an elaborate network of off-shore companies, based in the Cayman Islands and managed by a top American bank, Merrill Lynch, from offices located in the Isle of Man.