Malaysia’s illicit money outflows totalling US$291 billion (RM888 billion)

DAP has urged Barisan Nasional to come clean on Malaysia’s illicit money outflows totalling US$291 billion (RM888 billion) from 2000 to 2008.

Malaysia had the fifth-largest amount of illegal money outflows among developing countries during that period, according to a report by US-based financial watchdog Global Financial integrity (GFI) released this month.

“DAP regrets that land ‘pirates’ are allowed to roam freely in Malaysia,” said DAP secretary-general Lim Guan Eng in a statement today.

“Any clean and responsible government with integrity would have immediately established a Royal Commission of Inquiry into this RM888 billion illicit capital outflow scandal,” he added.

A symphony of corruption

Random facts of American' corruption you probably didn't know:

1. Michael Chertoff was part of prosecution team that helped blow the 1993 World Trade Center investigation

2. Patrick Fitzgerald who was Chertoff's boss on the WTC non-investigation is now in Illinois prosecuting political opponents of Rahm Emanuel and Barack Obama

3. Rahm Emanuel's father was an Israeli terrorist who specialized in bombing buses and killing British troops in Palestine 

Land bank is ‘Taib’s latest trick’

The hallmark of a fraudster is that he never stops inventing new scams to cheat the public until the prison door closes on him.

So it comes as no surprise that Chief Minister Taib Mahmud has started to sell his and Barisan Nasional’s latest trick.

He starts off by saying that only Bumiputeras can own native customary rights (NCR) land.

Targeting the corrupt in judiciary

The Daily Star
Dhaka, Monday 17 January 2011

Bangladeshi Chief Justice ABM Khairul Haque has informed the nation that steps are being taken to look into corruption in the judiciary. To this effect, as he states, a five-member committee comprising senior High Court judges has been instituted, the fundamental purpose being a ferreting out of corrupt elements in the judicial branch.

It is our understanding that the committee, formed against the backdrop of a recent TIB report on judicial corruption, has set before itself the task of cleansing the judicial branch of corrupt elements within it.