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13.07.2014 admin
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Malaysian Prime Minister Najib Razak’s bank accounts were used to purchase $15 million in luxury goods and pay out millions more to political figures ahead of 2013 elections, the Wall Street Journal reported. The Wall Street Journal, citing documents from Malaysian investigators, said the $15 million went towards clothing, jewellery and a car. Some of the spending occurred when Najib, accompanied by his wife Rosmah Mansor, was on a trip to Hawaii where he met with President Barack Obama, it said in the report Thursday. Rosmah has been the subject of numerous reports over the years detailing her taste for luxury spending when many Malaysians complain of rising prices and stagnant incomes. Najib is under pressure to explain why he accepted hundreds of millions of dollars in mysterious overseas payments to the accounts which the Journal said were used for the lavish spending. Najib, 62, has repeatedly denied that the money was siphoned off from a now-struggling state firm, 1Malaysia Development Berhad (1MDB), and says he is the victim of a political conspiracy.


But the Journal has reported that documents it has reviewed indicate the funds came from 1MDB and totalled more than $1 billion.
That explanation is yet to be confirmed by Saudi Arabia and is widely dismissed in Malaysia as a cover story. The newspaper’s report said tens of millions of dollars were paid out to political figures in more than 500 payments ahead of 2013 Malaysian elections. In those elections, Najib’s ruling party suffered its worst-ever showing but still retained power. Opposition leaders have repeatedly said the financial shenanigans were indicative of widespread money politics by the long-ruling United Malays National Organisation. The report said more than $130,000 was spent at a Chanel store in Honolulu two days before Najib played golf with Obama in December 2013. But his government has taken a number of steps to stifle free speech and democratic rights, especially as outrage over the financial scandal has grown.
Swiss authorities said recently up to $4 billion may have been stolen from Malaysian state firms and that they were investigating possible fraud and money-laundering. American, British, Singaporean and Hong Kong authorities are also scrutinising 1MDB-related money flows. Ahead of the May 2016 election of the new president of the Christian Association of Nigeria (CAN), an Electoral College that would screen candidates vying for the top leadership of the association would be inaugurated today, The Guardian learnt.
This is amid internal crisis that is rocking the association over who becomes the next president.


The 15-member electoral college after screening all those vying for the position would vote within themselves and then send the names of the first two candidates to the National Executive Committee (NEC) of the association for ratification.
Just recently, a Christian group, under the umbrella of the Christian Redeemers Union (CRU), accused the Presidency of trying to install one of the loyalists of President Muhammadu Buhari as CAN President. A major source from one of the blocks that does not want to be mentioned told The Guardian that the crisis is so deep, adding that the association is highly divided now than ever before. According to the source, some people are of the view that the leadership of the association should go to the North. When The Guardian asked whether the current General Secretary is finishing the term of the former CAN scribe, Samuel Salifu, the source claimed that the appointment letter given to Asake is for a four-year term, which is subject to renewal for another four years. When contacted, the Chairman of the Christian Elders Forum, Soloman Asemota, said that the forum couldn’t be neutral and allow presidency to impose a candidate on CAN.
He stated that CAN secretariat had asked all the blocks to submit the names of their nominees latest by March 30, 2016. Yakubu Dzarma (rtd) were kidnapped along Kaduna-Abuja Road and there are insinuations in some quarters that their kidnap was not unconnected with the forthcoming election.



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