My Father Died For Reporting Corruption At AmBank EXCLUSIVE INTERVIEW
DAP supremo Lim Kit Siang has urged police to reopen the investigation into Hussain’s murder case to ensure that it had nothing to do with the 1MDB controversy.
The DAP veteran, citing recent allegations in the Wall Street Journal (WSJ) that billions of ringgit from the state investor were deposited into the private AmBank account of Prime Minister Datuk Seri Najib Razak, said the police should find out if the unusually large transfer of funds to and from the account had been noticed by the slain banker.
“In this connection, I call on the Inspector-General of Police (IGP) Tan Sri Khalid Abu Bakar to reopen investigations into the murder of Hussain… to ascertain whether the murder had any links with the 1MDB scandal,” Lim said in a statement here.
Pascal Najadi, son of the former AmBank Chairman Hussain Najadi, who was gunned down in broad daylight in Kuala Lumpur, says he has a new informant on the case.
Police have failed to seek a motive for the killing, which took place in late July 2013, shortly after his son says that his father had reported concerns about the Prime Minister’s billion dollar private accounts opened at his former bank to both the police and central Bank Negara.
A car re-possessor named Koong Swee Kwan, was charged and originally found guilty and sentenced to death for carrying out the shooting, but his case is currently subject to a re-trial,.
At the time it was made public that he had been paid a sum of just RM20,000 to carry out the murder and the suspect behind that payment was named as a Malaysian understood to be linked to the gangland world by the name of Lim Yuen Soo.
A warrant was issued for Lim, who was believed to have escaped to China. However Najadi family members have long complained that little effort was made to pursue the case once the small fry shooter had been found guilty.
Finally, in September 2015 news came through that Lim Yuen Soo had been arrested at KL airport and taken into custody, but was then let go after 8 days owing to an apparent lack of evidence, according to police. The Najadi family have expressed outrage that they were only advised that the man accused of ordering the murder had finally been arrested after he had already been subsequently released.
Pascal Najadi has since protested to the United Nations over what he believes has been a willful failure by the Malaysian police and prosecutors to investigate the motive behind what has been confirmed to have been a hired killing, apparently connected to the Prime Minister.
Pascal Najadi has now spoken exclusively to Sarawak Report and provided evidence pointing to a potential new witness in the case.
The witness has also spoken to Sarawak Report and has documented links to known gangland players connected to the case.
These include Richard Morais, who has said “I am a hardcore gangster and fear no one” in texts viewed by Sarawak Report and who is known to be the senior figure in a group known as Zero 4/ [0 4].
Morais has been named as the person who called Hussain Najadi to a meeting at a Chinese Temple frequented by Najadi’s wife on the morning he was shot. The circumstances of that meeting have never been fully explained, given the limitations of the court case, and it was upon leaving the temple that Najadi was shot dead.
The new witness, who was a former associate of Morais, has told Pacal Najadi and Sarawak Report that Morais had admitted to him that he knew that Najadi would be targetted exiting their meeting.
He told me “OK, I knew it would happen to Najadi”. He was admitting that he had agreed to lure Najadi to the temple. He had never been to that temple before and he never does land deals, he is a gangster not a property dealer.
the witness has told Sarawak Report, making reference to suggestions put forward by police investigators that the purpose of the meeting at the temple had been to discuss planning issues to do with an alleged projected development of the temple site.
The witness has also claimed that police contacts linked to himself and Morais at the time confirmed that it was widely being alleged in the police force after the murder that senior gangland figures with high up political connections in the Chinese establishment had received a RM30 million payment in cash to organise the killing.
“A man who poses as a community philanthropist, but who is really a loan shark boss, was approached by a senior assistant to a senior political figure”
Stated the witness, who has been in communication with Pascal Najadi for several months. He provided Sarawak Report with names of police bosses, who he says provided him with the information and also names of the senior political and gangland figures allegedly involved.
“In Malaysia you don’t get the Chinese Zero 24 gang to carry out a murder like this for nothing, they want big money. They organised it using the lesser figures, including the Zero 4 [who are Indian background]. The money was handed out and five days was given to get the job done. Najadi was talking too much”,
The witness said. Pascal Najadi has told Sarawak Report that he was horrified by the information, but not surprised:
“To me it explains the otherwise inexplicable cover-up and failures to investigate this high profile murder of my father. I have considerable confidence in this witness who was a close and long-time associate of the people he is referring to. If this is not what happened it is time the Royal Malaysia Police properly investigated the matter and stop trying to close the case by prosecuting the death sentence against a mere hired shooter”.
The retrial of the hitman Koong Swee Kwan is currently underway and is based on the defence’s submission that the judge who convicted him had also conducted the trial of a fellow suspect in the murder, who was found not guilty after providing highly prejudicial evidence against Koong. The contention is that the judge should not have conducted both trials.
My Father Died For Reporting Corruption At AmBank EXCLUSIVE INTERVIEW
After days of speculation, the son of the AmBank founder Hussain Ahmad Najadi has openly confirmed that he believes his father was assassinated because of his open concerns about corruption at the bank he had once managed.
Najadi was brutally gunned down in a KL car park on 29th July 2013, allegedly the day after he had filed a police report on the matter.
Pascal Najadi, who currently resides in Moscow, spoke directly to Sarawak Report this evening to confirm his own conviction that this was the motive for the murder.
“I am willing to go on the record. Nothing else makes sense” Najadi said tonight. “This was an execution, not a killing. The story about the temple doesn’t add up. He was nothing to do with the Temple. Why would you kill someone over some row about that?” added Najadi, referring to a supposed planning dispute that was floated at the time as being the reason for his father’s death.
My Dad talked about this the last time I met him
Najadi says he fled Malaysia for the last time on March 8th 2014, which was the day also of the disappearance of the Jet MH 370. He no longer regards himself or his family to be safe.
He told Sarawak Report that on the occasion he last saw his father it was four days before he died and that Hussain had talked then about the issue which was troubling him:
“I left for Moscow, around the 25th of July 2013 to attend to my business. The day before we had a family lunch at the Restaurant Ciao, at the Selangor Golf Club, right in the middle of KL. My Dad then spoke about massive corruption. He also said that they [people in power] had lost the plot in the sense that they recklessly and behind their own population’s backs raked in billions of ringgit from construction, oil & gas to defence & transportation. He made a point that its insane that they do not for one second think about the future generations, simply not.
“My dad was an upright man, never corrupt. He, my Mum and I are the same. If we spot criminal activity we likely will report this immediately to the right and appropriate top down channels.”
However, Pascal Najadi says that he was never notified if his father made a police report. He believes that it would have been more likely that he would have reported his concerns to top officials:
” That was not his style, because he knew it is a shot in the dark in Malaysia to log a Police report… I believe that he would have gone to senior regulators direct to report findings that he found out involving massive amounts being looted”.
Najadi also says his father had recently spoken about how he had refused an offer to get involved in corrupt practices put to him by representatives from UMNO:
“He told me with pride that he sent some government linked guys to fly their kite. They offered my Dad to flip (as a go between) a very large piece of KLCC land.
My Dad at this lunch said that he told them off and said that he would never do such a corrupt flip flop etc.
He was very outspoken you know. That perhaps was his biggest enemy, to talk truth…always
Pascal Najadi says that his suspicions of a cover-up have been strengthened because of the total failure of the Malaysian police to pursue the perpetrators of the attack or to properly investigate what happened.
Hussain Najadi with Tun Dr. Mahathir Mohammad – the banker had worked with the circles governing Malaysia for decades Hussain Najadi with Tun Dr. Mahathir Mohammad – the banker had worked with the circles governing Malaysia for decades
Particularly insulting was the failure to inform the family or even to question him about what evidence he might have about his father’s affairs.
He received just one call from a junior police officer about the death, who barely spoke English.
After that his family received no further communication, he says.
The murderer in the case was eventually arrested and named the man who had hired him for RM20,000 to carry out the shooting. However, Najadi says there is no evidence the Malaysian Police made any effort to arrest the man, who was traced in Australia and who is believed to be connected with people high up in government.
“The Malaysians never pursued him and it’s been dropped. I have no explanation for his execution except corruption at the bank and the mastermind was let go and escaped via Sydney. Malaysia have not followed up via Interpol. He was Malaysian, he boarded a flight to Sydney even though he was an immediate suspect. The Australians followed this mastermind to Shanghai, but Malaysia never pursued him”
The international markets will in the end punish UMNO Pascal Najadi, who is himself an international financier, says that he believes that in the end it will the the international markets, which will lose faith in Malaysia, owing to what he believes is reckless management and rampant corruption.
“The ringgit is plunging and the investment community have started to realise that this government is not serious”
Najadi told Sarawak Report that such a realisation would be fatal to a regime that relies on borrowing and the trust of financial markets:
“The Global markets are starting to judge Malaysia – as a failed state”, he claimed.
“Najib and UMNO must be clear of the consequences every day that is slipping past without any prosecution in Malaysia. The Global Markets are the ones that will day in day out now punish Malaysia for simply being not serious as a government. Period.
“The ringgit has started to dive and Fitch, no surprise, again got it wrong, since they are a lagging indicator. Where is security and where is justice? They are not independent. Markets all have one thing in common, they do not forgive and if fooled strike with a vengeance. Bank Negara does not have reserves to throw at the plunging ringgit” the banker’s son concluded.
He was referring to the news that billions of dollars worth of Malaysian bonds are now being shed by investors concerned by the loss of confidence in Najib Razak.