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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Management/Administration

MACC man’s 1MDB ‘not corruption’ logic mind-boggling

Posted on 08 August 2016

Former Malaysian Anti-Corruption Commission (MACC) deputy chief commissioner Zakaria Jaffar said, “1MDB doesn’t fall under MACC.” With such an idiotic top officer like him who once led MACC, no wonder the anti-corruption agency is now the laughingstock of the country. 1MBD is no investment scheme but a ‘scam’ to defraud Malaysians.
And in this case it is called kleptocracy - grand theft by the ruling class who are in power. Zakaria said MACC officers have to answer to Allah if they have failed in their duties. Zakaria, don’t worry, your turn will come, and invoking God’s name will not get you a reprieve for your hypocrisy………………………………………..Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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