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Showing posts from February, 2018

The EPF 10 Billion scandal from SR

      TEN BILLION IN BONDS LOOTED FROM EPF TO RAISE FOUR BILLION DOLLARS FOR NAJIB - EXPLOSIVE EXCLUSIVE!   28 February 2018 Extensive evidence has emerged of an extraordinary operation to loot Malaysia’s public savings funds and pass billions of dollars into accounts controlled by individuals answering to Prime Minister Najib Razak. Following an investigation spanning several months, Sarawak Report has sighted numerous documents which reveal that since 2012 a group of operatives, assisted by two convicted foreign fraudsters, have collaborated to extract billions of dollars from EPF, KWAP, FELDA, FELCRA and other public savings funds and government linked companies. The scheme was to invest the public money into risky, foreign investment vehicles owned by the two unlicenced foreign fraudsters (both previously jailed for financial crimes) in return for major kickbacks targeted into a small Malaysian company named TJJR Diversified (M) Sdn Bhd. Supporting