Tuesday, September 6, 2016

WSJ: Najib Razak is still Innocent

The latest WSJ (see link) article gave the clearest details on Najib's personal 1MDB-related accounting:
  • ...a flood of cash—about $1 billion—that flowed into Mr. Najib’s personal bank account
  •  As a tight general election approached, Mr. Najib sent hundreds of checks to ruling party politicians to help fund his campaign...
  • In all, Mr. Najib wrote more than 500 checks totaling about $400 million
  • After the election, Mr. Najib closed his main account at AmBank and sent about $620 million back to the offshore company it came from...
So if I did my math correctly, $400 million for the sake of UMNO plus $620 million returned is equivalent to about $1 billion, no? Did I miss any zero somewhere? Then why the juicy yet irrelevant details of what a husband bought for his wife?