Scandal Of SALCO – How Taib Plans To Make Billions From Bakun. Exclusive!

Displaced families, who have received so little compensation from Bakun, may be interested to learn how Taib and his own family are planning to make billions for themselves out of the hydro-electric dam, based on an investment of just RM2.00!

We can reveal that SALCO (Sarawak Aluminium Company Sdn Bhd), the company that has been handed a licence to build a vast smelter in Simalaju, powered by cheap electricity from the dam, is secretively entirely owned by the Taib family company, CMS.

So far, they have only issued two shares for the company, worth a mere one ringgit each!

Malaysian PM caught up in murder, bribery scandal

THE plot has all the trappings of a B-grade movie: the murder of a glamorous Mongolian socialite amid allegations of high-level bribery, blackmail, betrayal and political cover-up.

But these are real-life events, and they could set back the chances of Malaysia's ruling coalition in an election that Prime Minister Najib Razak must call by midyear.

Mr Najib denies involvement but the allegations will not go away. The internet in Malaysia is running hot with allegations by a disaffected businessman, Deepak Jaikishan, who is well connected in the ruling United Malays National Organisation.

They relate in part to the alleged cover-up of the murder of 28-year-old Mongolian fashion model and translator Altantuya Shaariibuu in a patch of jungle in the Kuala Lumpur suburbs in 2006.

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

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.

When did Razak meet PI Bala?

PETALING JAYA: The controversial submarine contract and the gruesome murder of Altantuya Shaariibuu continue to be an albatross around the neck of Prime Minister Najib Tun Razak.

Despite his denials and swearing upon the Quran, the opposition never ceases to exploit the issue while a significant number of Malaysians believe that the prime minister’s hands are stained both with corruption and the blood of the Mongolian national.

And now, the French courts have launched an inquest into the submarine deal.

However, blogger Raja Petra Kamarudin pointed out that certain claims don’t add up and also reveals that the relationship between private investigator P Balasubramaniam and Najib’s confidant Abdul Razak Baginda can be traced back as far as 2000.