Will Najib finally have the manly strength to actually tell the truth and stand up to face the music, instead of having Salleh Keruak to monkey around talking something beyond what his brain could understand?
Or will Najib rely on those stupid Facebook defenders of 1MDB who had only made Najib looked even more moronic due to their contradicting lies and idiotic spins.
Will he do the unthinkable, suing the US Government for slandering him?
Now that would be comical indeed. 54 Tuesdays have come and go, and it is the US who are filing legal suit against his step son while implicating him all the same time (as the Malaysian Official 1).
To all the ignorant pro-Najib people loitering around the internet, who are looking quite stupefied and flabbergasted about this latest news from the US, here is the copy pasted document excerpts filed by the Department of Justice against Riza Aziz, for stealing Malaysian taxpayers’ money to buy luxurious assets ever since the scam started.
The scam, hatched by Najib Razak, had come home to roost.
We have lost a lot of money because of 1MDB.
Billions went into the wrong hands (as can be read from the US document below), taxpayers lost national assets with nothing to gain except to repay loans all the way to the year 2039.
To all the ignorant pro-Najib people loitering around the internet, who are looking quite stupefied and flabbergasted about this latest news from the US, here is the copy pasted document excerpts filed by the Department of Justice against Riza Aziz, for stealing Malaysian taxpayers’ money to buy luxurious assets ever since the scam started.
The scam, hatched by Najib Razak, had come home to roost.
We have lost a lot of money because of 1MDB.
Billions went into the wrong hands (as can be read from the US document below), taxpayers lost national assets with nothing to gain except to repay loans all the way to the year 2039.
Riza Shahriz Bin Abdul AZIZ (“AZIZ”), a Malaysian national, is a relative of MALAYSIAN OFFICIAL 1 and a friend of LOW.
He co-founded Red Granite Pictures, a Hollywood movie production and distribution studio, in 2010. – excerpt from the document.
Will this legal suit also be termed as ‘friendly dispute’?
If found guilty, Riza Aziz will be known as the thief that stole billions of ringgit from 1MDB, aided by Najib and his co-conspirators.
Will this legal suit also be termed as ‘friendly dispute’?
If found guilty, Riza Aziz will be known as the thief that stole billions of ringgit from 1MDB, aided by Najib and his co-conspirators.
Money laundering charges will be slapped upon these people.
The defenders of Najib, some had purposely wanted to stay in ignorance and threw away their principles and reputation in exchange to be near the circle of power, should start scamper around and discuss among themselves on how to save their crooked Dear Leader.
Will we hear some of the ministers talking nonsense today?
The defenders of Najib, some had purposely wanted to stay in ignorance and threw away their principles and reputation in exchange to be near the circle of power, should start scamper around and discuss among themselves on how to save their crooked Dear Leader.
Will we hear some of the ministers talking nonsense today?
Will Nazri Aziz stand up and perform a comedy routine for us to hear?
Or will we get to listen to UMNO Youth Chief, saying moronic things like –
Or will we get to listen to UMNO Youth Chief, saying moronic things like –
‘Najib is not on trial therefore he is innocent.’?
Yes, Riza Aziz siphoned the money without any help.
Yes, Riza Aziz siphoned the money without any help.
He did it alone.
Jho Low is innocent,
Najib is innocent.
The entire cabinet is innocent.
It gave detailed accounts on how Jho Low, Qubaisi et al used funds diverted from 1MDB to buy paintings, private jets and luxury homes.
They even had phone conversations of Shahrol Halmi, lying through his teeth to a banking officer of Deustche Bank.
d. PARK LAUREL CONDOMINIUM:
e. BOMBARDIER JET:
f. TIME WARNER PENTHOUSE:
i. EMI ASSETS:
j. SYMPHONY CP (PARK LANE) LLC ASSETS:
k. WALKER TOWER PENTHOUSE:
l. LAUREL BEVERLY HILLS MANSION:
n. VAN GOGH ARTWORK:
o. SAINT GEORGES PAINTING:
q. THE QENTAS TOWNHOUSE:
Najib’s chicken is facing a legal suit in the US
But that is not to be.
The document below is more damning than the AG Report and the PAC Report.
In fact, it also strengthened the former multiple times.
It also vindicated The Wall Street Journal; not surprising for the Pulitzer prize nominee.
So, what now Malaysia?
The IGP will definitely just sit on his thumb like a fumbling fool.
So, what now Malaysia?
The IGP will definitely just sit on his thumb like a fumbling fool.
The Attorney General Apandi Ali, a laughing stock among his peers and the people, will just continue being dumb.
Without any difficulty, if we can say so ourselves.
Shameless people surrounding Najib have no problem walking about within society.
Their skins are thick like a rhinoceros’ hide, following his example nevertheless.
Please do read the excerpts below.
Please do read the excerpts below.
Even better, please read the whole document.
It’s only 136 pages long.
Hopefully not a difficult effort for Najib’s media officer or UMNO Youth excos to understand the real deal .
It gave detailed accounts on how Jho Low, Qubaisi et al used funds diverted from 1MDB to buy paintings, private jets and luxury homes.
They even had phone conversations of Shahrol Halmi, lying through his teeth to a banking officer of Deustche Bank.
That is how rigorous and detailed their investigation was.
Will Najib sue the US Government?
Will Najib sue the US Government?
Because the juiciest bits from page 33 onwards had really implicated Najib.
It dispelled the lie that Najib received ‘donation’ money from the Arab goons.
There is only one thing to do now for the stupid people managing Najib’s problem.
There is only one thing to do now for the stupid people managing Najib’s problem.
Unleash Lester Melanyi!
UNITED STATES DISTRICT COURT
FOR THE CENTRAL DISTRICT OF CALIFORNIA
UNITED STATES OF AMERICA, Plaintiff,
vs.
“THE WOLF OF WALL STREET” MOTION PICTURE, INCLUDING ANY RIGHTS TO PROFITS, ROYALTIES AND DISTRIBUTION PROCEEDS OWED TO RED GRANITE PICTURES, INC. OR ITS AFFILIATES AND/OR ASSIGNS,
Defendant.
Contemporaneously with the filing of this complaint, plaintiff is filing related actions seeking the civil forfeiture of the following assets (collectively, the “SUBJECT ASSETS”):
a. THE L’ERMITAGE PROPERTY:
FOR THE CENTRAL DISTRICT OF CALIFORNIA
UNITED STATES OF AMERICA, Plaintiff,
vs.
“THE WOLF OF WALL STREET” MOTION PICTURE, INCLUDING ANY RIGHTS TO PROFITS, ROYALTIES AND DISTRIBUTION PROCEEDS OWED TO RED GRANITE PICTURES, INC. OR ITS AFFILIATES AND/OR ASSIGNS,
Defendant.
Contemporaneously with the filing of this complaint, plaintiff is filing related actions seeking the civil forfeiture of the following assets (collectively, the “SUBJECT ASSETS”):
a. THE L’ERMITAGE PROPERTY:
All right and title to the real property commonly known as 9291 Burton Way, Beverly Hills, California 90210, including the L’Ermitage Hotel (“L’ERMITAGE PROPERTY”), including all appurtenances, improvements, and attachments thereon.
b. THE L’ERMITAGE BUSINESS ASSETS:
b. THE L’ERMITAGE BUSINESS ASSETS:
All assets related to the L’ERMITAGE PROPERTY, including but not limited to all chattels and intangible assets, inventory, and equipment (“L’ERMITAGE BUSINESS ASSETS”), including any and all funds in accounts owned, held or maintained at financial institutions by LBH Real Estate, or for the benefit of LBH Real Estate or the L’ERMITAGE PROPERTY, and all leases, rents, and profits derived from said business.
Collectively herein, the L’ERMITAGE PROPERTY and the L’ERMITAGE BUSINESS ASSETS are referred to as, “L’ERMITAGE.”
c. HILLCREST PROPERTY 1:
Collectively herein, the L’ERMITAGE PROPERTY and the L’ERMITAGE BUSINESS ASSETS are referred to as, “L’ERMITAGE.”
c. HILLCREST PROPERTY 1:
All right and title to the real property located in Beverly Hills, California1 owned by 912 North Hillcrest Road (BH), LLC (“HILLCREST PROPERTY 1”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
d. PARK LAUREL CONDOMINIUM:
All right and title to the real property located in New York, New York owned by Park Laurel Acquisition LLC (“PARK LAUREL CONDOMINIUM”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
e. BOMBARDIER JET:
All right and title to Bombardier Global 5000 aircraft bearing manufacturer serial number 9265 and registration number N689WM, with two Rolls Royce engines bearing manufacturer’s serial numbers 12487 and 12488 (“BOMBADIER JET”), including all appurtenances, improvements, and attachments thereon, all aircraft logbooks, and all leases, rents, and profits derived therefrom.
f. TIME WARNER PENTHOUSE:
All right and title to the real property located in New York, New York owned by 80 Columbus Circle (NYC) LLC (“TIME WARNER PENTHOUSE”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
The TIME WARNER PENTHOUSE includes all right and title to the real property commonly known as SU-11, New York, New York (“TIME WARNER STORAGE UNIT”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
g. ORIOLE MANSION:
The TIME WARNER PENTHOUSE includes all right and title to the real property commonly known as SU-11, New York, New York (“TIME WARNER STORAGE UNIT”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
g. ORIOLE MANSION:
All right and title to the real property located in Los Angeles, California owned by Oriole Drive (LA) LLC (“ORIOLE MANSION”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
h. GREENE CONDOMINIUM:
h. GREENE CONDOMINIUM:
All right and title to the real property located in New York, New York owned by 118 Greene Street (NYC) LLC (“GREENE CONDOMINIUM”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
i. EMI ASSETS:
Any and all rights, including copyright and intellectual property rights, as well as the right to collect and receive any profits, royalties, and proceeds of distribution owned by or owed to JW Nile (BVI), Ltd.; JCL Media (EMI Publishing Ltd.); and/or Jynwel Capital Ltd., relating to EMI Music Publishing Group North America Holdings, Inc. and D.H. Publishing L.P.
j. SYMPHONY CP (PARK LANE) LLC ASSETS:
All right to and interest in Symphony CP (Park Lane) LLC, a Delaware limited liability company, owned, held or acquired, directly or indirectly, by Symphony CP Investments LLC and Symphony CP Investments Holdings LLC, including but not limited to any interest in the real property and appurtenances located at 36 Central Park South, New York,
New York, 10019, known as the Park Lane Hotel, any right to collect and receive any profits and proceeds therefrom, and any interest derived from the proceeds invested in Symphony CP (Park Lane) LLC by Symphony CP Investments LLC or Symphony CP Investments Holdings.
New York, 10019, known as the Park Lane Hotel, any right to collect and receive any profits and proceeds therefrom, and any interest derived from the proceeds invested in Symphony CP (Park Lane) LLC by Symphony CP Investments LLC or Symphony CP Investments Holdings.
k. WALKER TOWER PENTHOUSE:
All right and title to the property located in New York, New York owned by 212 West 18th Street LLC (“WALKER TOWER PENTHOUSE”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
l. LAUREL BEVERLY HILLS MANSION:
All right and title to the property located in Beverly Hills, California, owned by Laurel Beverly Hills Holdings, LLC (“LAUREL BEVERLY HILLS MANSION”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
m. HILLCREST PROPERTY 2:
m. HILLCREST PROPERTY 2:
All right and title to the property located in Beverly Hills, California owned by 1169 Hillcrest Road LLC (“HILLCREST PROPERTY 2”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
n. VAN GOGH ARTWORK:
One pen and ink drawing entitled La maison de Vincent a Arles by Vincent Van Gogh.
o. SAINT GEORGES PAINTING:
One painting entitled “Saint- Georges Majeur” by Claude Monet.
p. NYMPHEAS PAINTING:
One painting entitled “Nympheas avec Reflets de Hautes Herbes” by Claude Monet.
p. NYMPHEAS PAINTING:
One painting entitled “Nympheas avec Reflets de Hautes Herbes” by Claude Monet.
q. THE QENTAS TOWNHOUSE:
All right and title to the property located in London, United Kingdom (“U.K.”), SW1W 0JR, owned by Qentas Holdings Limited (the “QENTAS TOWNHOUSE”), including all appurtenances, improvements, and attachments thereon, as well as all leases, rents, and profits derived therefrom.
QENTAS TOWNHOUSE includes all right, title, and interest in the leasehold for Parking Space 2 at the QENTAS TOWNHOUSE, as well as all sub-leases, rents, and profits derived therefrom.
According to a search of the Land Registry conducted by the U.K. National Crime Agency (“NCA”), title to QENTAS TOWNHOUSE is held in the name of Qentas Holdings Limited, and there are no recorded liens against the property.
1MDB was ostensibly created to pursue investment and development projects for the economic benefit of Malaysia and its people, primarily relying on the issuance of various debt securities to fund these projects.
However, over the course of an approximately four-year period, between approximately 2009 and at least 2013, multiple individuals, including public officials and their associates, conspired to fraudulently divert billions of dollars from 1MDB through various means, including by defrauding foreign banks and by sending foreign wire communications in furtherance of the scheme, and thereafter, to launder the proceeds of that criminal conduct, including in and through U.S. financial institutions.
The funds diverted from 1MDB were used for the personal benefit of the co-conspirators and their relatives and associates, including to purchase luxury real estate in the United States, pay gambling expenses at Las Vegas casinos, acquire more than $200 million in artwork, invest in a major New York real estate development project, and fund the production of major Hollywood films.
1MDB maintained no interest in these assets and saw no returns on these investments.
The criminal conduct alleged herein occurred in three principal phases:
a) The “Good Star” Phase:
The fraudulent diversion of funds from 1MDB began in approximately September 2009, soon after 1MDB’s creation.
Between 2009 and 2011, under the pretense of investing in a joint venture between 1MDB and PetroSaudi International (“PetroSaudi” or “PSI”), a private Saudi oil extraction company, officials of 1MDB and others arranged for the fraudulent transfer of more than $1 billion from 1MDB to a Swiss bank account held in the name of Good Star Limited (“Good Star Account”).
Officials at 1MDB caused this diversion of funds by, among other things, providing false information to banks about the ownership of the Good Star Account.
Contrary to representations made by 1MDB officials, the Good Star Account was beneficially owned not by PetroSaudi or the joint venture, but by LOW Taek Jho, a/k/a Jho Low (“LOW”), a Malaysian national who had no formal position with 1MDB but was involved in its creation.
LOW laundered more than $400 million of the funds misappropriated from 1MDB through the Good Star Account into the United States, after which these funds were used for the personal gratification of LOW and his associates.3
b) The “Aabar-BVI” Phase:
In 2012, 1MDB officials and others misappropriated and fraudulently diverted a substantial portion of the proceeds that 1MDB raised through two separate bond offerings arranged and underwritten by Goldman Sachs International (“Goldman”).
The bonds were guaranteed by both 1MDB and the International Petroleum Investment Company (“IPIC”), an investment fund wholly-owned by the government of Abu Dhabi, in the United Arab Emirates (“U.A.E.”).4
Beginning almost immediately after 1MDB received the proceeds of each of these two bond issues, 1MDB officials caused a substantial portion of the proceeds – approximately $1.367 billion, a sum equivalent to more than forty percent of the total net proceeds raised – to be wire transferred to a Swiss bank account belonging to a British Virgin Islands entity called Aabar Investments PJS Limited (“Aabar-BVI”).
Aabar-BVI was created and named to give the impression that it was associated with Aabar Investments PJS (“Aabar”), a subsidiary of IPIC incorporated in Abu Dhabi.
In reality, Aabar-BVI has no genuine affiliation with Aabar or IPIC, and the Swiss bank account belonging to Aabar-BVI (“Aabar-BVI Swiss Account”) was used to siphon off proceeds of the 2012 bond sales for the personal benefit of officials at IPIC, Aabar, and 1MDB and their associates.
Funds diverted through the Aabar-BVI Swiss Account were transferred to, among other places, a Singapore bank account controlled by TAN Kim Loong, a/k/a Eric Tan (“TAN”), an associate of LOW.
Those funds were thereafter distributed for the personal benefit of various individuals, including officials at 1MDB, IPIC, or Aabar, rather than for the benefit of 1MDB, IPIC, or Aabar.
c) The “Tanore” Phase:
In 2013, several individuals, including 1MDB officials, diverted more than $1.26 billion out of a total of $3 billion in principal that 1MDB raised through a third bond offering arranged by Goldman in March 2013.
The proceeds of this bond offering were to be used by 1MDB to fund a joint venture with Aabar known as the Abu Dhabi Malaysia Investment Company (“ADMIC”).
However, beginning days after the bond sale, a significant portion of the proceeds was instead diverted to a bank account in Singapore held by Tanore Finance Corporation (“Tanore Account”), for which TAN was the recorded beneficial owner.
Although the Tanore Account had no legitimate connection to 1MDB, the then-Executive Director of 1MDB was an authorized signatory on the account. 1MDB funds transferred into the Tanore Account were used for the personal benefit of LOW and his associates, including officials at 1MDB, rather than for the benefit of 1MDB or ADMIC.
The proceeds of each of these three phases of criminal conduct were laundered through a complex series of transactions, including through bank accounts in Singapore, Switzerland, Luxembourg, and the United States.
Numerous assets, including the DEFENDANT ASSET, were acquired with funds unlawfully diverted from 1MDB, or funds traceable thereto.
As a result, the DEFENDANT ASSET is subject to forfeiture to the United States pursuant to 18 U.S.C. § 981(a)(1)(A), because it is property involved in one or more money laundering transactions in violation of 18 U.S.C. §§ 1956 and/or 1957, and 18 U.S.C. § 981(a)(1)(C) because it is property constituting or derived from proceeds traceable to one or more violations of U.S. law defined as a specified unlawful activity in 18 U.S.C. §§ 1956(c)(7) and/or 1961(1).
BACKGROUND: RELEVANT INDIVIDUALS
LOW Taek Jho, a/k/a/ Jho Low (“LOW”) is a Malaysian national who advised on the creation of TIA, 1MDB’s predecessor.
LOW has never held a formal position at 1MDB, and he has publicly denied any involvement with 1MDB after its inception.
1MDB OFFICER 1 is a Malaysian national who served as the Executive Director of 1MDB from the time of its creation until approximately March 2011.
During this time, 1MDB OFFICER 1 was a “public official” as that term is used in 18 U.S.C.
§ 1956(c)(7)(B)(iv) and a “public servant” as that term is used in Section 21 of the Malaysian Penal Code.
1MDB OFFICER 2 is a Malaysian national who served as 1MDB’s Chief Executive Officer (“CEO”) between at least 2009 and 2013.
During this time, 1MDB OFFICER 2 was a “public official” as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a “public servant” as that term is used in Section 21 of the Malaysian Penal Code.
1MDB OFFICER 3 is Malaysian national who served as 1MDB’s General Counsel and Executive Director of Group Strategy during, at a minimum, 2012 and 2013. 1MDB OFFICER 3 was a main point of contact between 1MDB and Goldman in connection with the three Goldman-underwritten bond offerings in 2012 and 2013.
During this time, 1MDB OFFICER 3 was a “public official” as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a “public servant” as that term is used in Section 21 of the Malaysian Penal Code.
MALAYSIAN OFFICIAL 1 is a high-ranking official in the Malaysian government who also held a position of authority with 1MDB.
QENTAS TOWNHOUSE includes all right, title, and interest in the leasehold for Parking Space 2 at the QENTAS TOWNHOUSE, as well as all sub-leases, rents, and profits derived therefrom.
According to a search of the Land Registry conducted by the U.K. National Crime Agency (“NCA”), title to QENTAS TOWNHOUSE is held in the name of Qentas Holdings Limited, and there are no recorded liens against the property.
1MDB was ostensibly created to pursue investment and development projects for the economic benefit of Malaysia and its people, primarily relying on the issuance of various debt securities to fund these projects.
However, over the course of an approximately four-year period, between approximately 2009 and at least 2013, multiple individuals, including public officials and their associates, conspired to fraudulently divert billions of dollars from 1MDB through various means, including by defrauding foreign banks and by sending foreign wire communications in furtherance of the scheme, and thereafter, to launder the proceeds of that criminal conduct, including in and through U.S. financial institutions.
The funds diverted from 1MDB were used for the personal benefit of the co-conspirators and their relatives and associates, including to purchase luxury real estate in the United States, pay gambling expenses at Las Vegas casinos, acquire more than $200 million in artwork, invest in a major New York real estate development project, and fund the production of major Hollywood films.
1MDB maintained no interest in these assets and saw no returns on these investments.
The criminal conduct alleged herein occurred in three principal phases:
a) The “Good Star” Phase:
The fraudulent diversion of funds from 1MDB began in approximately September 2009, soon after 1MDB’s creation.
Between 2009 and 2011, under the pretense of investing in a joint venture between 1MDB and PetroSaudi International (“PetroSaudi” or “PSI”), a private Saudi oil extraction company, officials of 1MDB and others arranged for the fraudulent transfer of more than $1 billion from 1MDB to a Swiss bank account held in the name of Good Star Limited (“Good Star Account”).
Officials at 1MDB caused this diversion of funds by, among other things, providing false information to banks about the ownership of the Good Star Account.
Contrary to representations made by 1MDB officials, the Good Star Account was beneficially owned not by PetroSaudi or the joint venture, but by LOW Taek Jho, a/k/a Jho Low (“LOW”), a Malaysian national who had no formal position with 1MDB but was involved in its creation.
LOW laundered more than $400 million of the funds misappropriated from 1MDB through the Good Star Account into the United States, after which these funds were used for the personal gratification of LOW and his associates.3
b) The “Aabar-BVI” Phase:
In 2012, 1MDB officials and others misappropriated and fraudulently diverted a substantial portion of the proceeds that 1MDB raised through two separate bond offerings arranged and underwritten by Goldman Sachs International (“Goldman”).
The bonds were guaranteed by both 1MDB and the International Petroleum Investment Company (“IPIC”), an investment fund wholly-owned by the government of Abu Dhabi, in the United Arab Emirates (“U.A.E.”).4
Beginning almost immediately after 1MDB received the proceeds of each of these two bond issues, 1MDB officials caused a substantial portion of the proceeds – approximately $1.367 billion, a sum equivalent to more than forty percent of the total net proceeds raised – to be wire transferred to a Swiss bank account belonging to a British Virgin Islands entity called Aabar Investments PJS Limited (“Aabar-BVI”).
Aabar-BVI was created and named to give the impression that it was associated with Aabar Investments PJS (“Aabar”), a subsidiary of IPIC incorporated in Abu Dhabi.
In reality, Aabar-BVI has no genuine affiliation with Aabar or IPIC, and the Swiss bank account belonging to Aabar-BVI (“Aabar-BVI Swiss Account”) was used to siphon off proceeds of the 2012 bond sales for the personal benefit of officials at IPIC, Aabar, and 1MDB and their associates.
Funds diverted through the Aabar-BVI Swiss Account were transferred to, among other places, a Singapore bank account controlled by TAN Kim Loong, a/k/a Eric Tan (“TAN”), an associate of LOW.
Those funds were thereafter distributed for the personal benefit of various individuals, including officials at 1MDB, IPIC, or Aabar, rather than for the benefit of 1MDB, IPIC, or Aabar.
c) The “Tanore” Phase:
In 2013, several individuals, including 1MDB officials, diverted more than $1.26 billion out of a total of $3 billion in principal that 1MDB raised through a third bond offering arranged by Goldman in March 2013.
The proceeds of this bond offering were to be used by 1MDB to fund a joint venture with Aabar known as the Abu Dhabi Malaysia Investment Company (“ADMIC”).
However, beginning days after the bond sale, a significant portion of the proceeds was instead diverted to a bank account in Singapore held by Tanore Finance Corporation (“Tanore Account”), for which TAN was the recorded beneficial owner.
Although the Tanore Account had no legitimate connection to 1MDB, the then-Executive Director of 1MDB was an authorized signatory on the account. 1MDB funds transferred into the Tanore Account were used for the personal benefit of LOW and his associates, including officials at 1MDB, rather than for the benefit of 1MDB or ADMIC.
The proceeds of each of these three phases of criminal conduct were laundered through a complex series of transactions, including through bank accounts in Singapore, Switzerland, Luxembourg, and the United States.
Numerous assets, including the DEFENDANT ASSET, were acquired with funds unlawfully diverted from 1MDB, or funds traceable thereto.
As a result, the DEFENDANT ASSET is subject to forfeiture to the United States pursuant to 18 U.S.C. § 981(a)(1)(A), because it is property involved in one or more money laundering transactions in violation of 18 U.S.C. §§ 1956 and/or 1957, and 18 U.S.C. § 981(a)(1)(C) because it is property constituting or derived from proceeds traceable to one or more violations of U.S. law defined as a specified unlawful activity in 18 U.S.C. §§ 1956(c)(7) and/or 1961(1).
BACKGROUND: RELEVANT INDIVIDUALS
LOW Taek Jho, a/k/a/ Jho Low (“LOW”) is a Malaysian national who advised on the creation of TIA, 1MDB’s predecessor.
LOW has never held a formal position at 1MDB, and he has publicly denied any involvement with 1MDB after its inception.
1MDB OFFICER 1 is a Malaysian national who served as the Executive Director of 1MDB from the time of its creation until approximately March 2011.
During this time, 1MDB OFFICER 1 was a “public official” as that term is used in 18 U.S.C.
§ 1956(c)(7)(B)(iv) and a “public servant” as that term is used in Section 21 of the Malaysian Penal Code.
1MDB OFFICER 2 is a Malaysian national who served as 1MDB’s Chief Executive Officer (“CEO”) between at least 2009 and 2013.
During this time, 1MDB OFFICER 2 was a “public official” as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a “public servant” as that term is used in Section 21 of the Malaysian Penal Code.
1MDB OFFICER 3 is Malaysian national who served as 1MDB’s General Counsel and Executive Director of Group Strategy during, at a minimum, 2012 and 2013. 1MDB OFFICER 3 was a main point of contact between 1MDB and Goldman in connection with the three Goldman-underwritten bond offerings in 2012 and 2013.
During this time, 1MDB OFFICER 3 was a “public official” as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a “public servant” as that term is used in Section 21 of the Malaysian Penal Code.
MALAYSIAN OFFICIAL 1 is a high-ranking official in the Malaysian government who also held a position of authority with 1MDB.
During all times relevant to the Complaint, MALAYSIAN OFFICIAL 1 was a “public official” as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a “public servant” as that term is used in Section 21 of the Malaysian Penal Code.
Riza Shahriz Bin Abdul AZIZ (“AZIZ”), a Malaysian national, is a relative of MALAYSIAN OFFICIAL 1 and a friend of LOW.
He co-founded Red Granite Pictures, a Hollywood movie production and distribution studio, in 2010.
“Eric” TAN Kim Loong (“TAN”) is a Malaysian national and an associate of LOW. He was the stated beneficial owner of several bank accounts into which misappropriated 1MDB funds were transferred.
Khadem Abdulla Al QUBAISI (“QUBAISI”), a U.A.E. national, was the Managing Director of IPIC from 2007 to 2015 and the Chairman of Aabar in at least 2012 and 2013.
During this time, he was a “public official” as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a “public official” as that term is used in Article(5) of United Arab Emirates Law, Federal Law No (3) Of 1989 On Issuance Of The Penal Code. QUBAISI also was a director of Aabar-BVI.
Mohamed Ahmed Badawy Al-HUSSEINY (“HUSSEINY”), a U.S. citizen, was the CEO of Aabar from 2010 to 2015. He was also a director of Aabar-BVI.
Riza Shahriz Bin Abdul AZIZ (“AZIZ”), a Malaysian national, is a relative of MALAYSIAN OFFICIAL 1 and a friend of LOW.
He co-founded Red Granite Pictures, a Hollywood movie production and distribution studio, in 2010.
“Eric” TAN Kim Loong (“TAN”) is a Malaysian national and an associate of LOW. He was the stated beneficial owner of several bank accounts into which misappropriated 1MDB funds were transferred.
Khadem Abdulla Al QUBAISI (“QUBAISI”), a U.A.E. national, was the Managing Director of IPIC from 2007 to 2015 and the Chairman of Aabar in at least 2012 and 2013.
During this time, he was a “public official” as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a “public official” as that term is used in Article(5) of United Arab Emirates Law, Federal Law No (3) Of 1989 On Issuance Of The Penal Code. QUBAISI also was a director of Aabar-BVI.
Mohamed Ahmed Badawy Al-HUSSEINY (“HUSSEINY”), a U.S. citizen, was the CEO of Aabar from 2010 to 2015. He was also a director of Aabar-BVI.
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