Thursday, July 21, 2016


I have read the statement by US AG Rt Hon Loretta E. Lynch on the action taken under the US Kleptocracy Asset Recovery Initiative relating to freezing & forfeiture of assets & properties due to allegations of fund embezzlement, misappropriation and laundering by certain suspected individuals Malaysian and foreigner involving 1-MDB fund.

I think we should applaud and welcome the move because it is basically assisting 1-MDB and the Malaysian Govt to recover back suspected stolen fund from the nation's entity.

Under the Kleptocracy Asset Recovery Initiative, any asset and fund so recovered shall be returned to the entity or government that became the victim of the illegal act.

And Mdm Loretta affirmatively said that there is no criminal charges preferred against anybody as it is a civil proceedings, and in no way is the PM implicated or named in the proceedings.
I agree with the statement issued by the PMO and 1-MDB on this issue.

However, I suggest that the Royal Malaysian Police expedite their investigation on the matter and should consider getting assistance and cooperation from the FBI on their intelligence and investigation so far to ensure the culprits involved taken to justice!.