Sunday, November 24, 2024

Justice? 5. Whales on Yachts

In October 2016, Interpol issued a red notice at Singapore's request to locate and arrest Low in an investigation related to 1MDB fund flows within its jurisdiction.







  • The Malaysian Immigration Department barred Najib and 11 others from leaving the country, while the police seized more than 500 handbags and 12,000 pieces of jewelry estimated to be worth US$270 million from property linked to Najib, the largest seizure of goods in Malaysian history.




  • As of 2018, the U.S. Department of Justice found that Low and other conspirators including officials from Malaysia, Saudi Arabia and the United Arab Emirates diverted more than US$4.5 billion from 1MDB.

  • Najib was subsequently found guilty of seven charges connected to SRC International, a 1MDB subsidiary, and was sentenced to a fine of RM 210 million ($49.5 million) and twelve years' imprisonment.



  • On 1 September 2022, Najib's wife Rosmah Mansor was also found guilty of three counts of corruption by the Malaysian High Court and sentenced to both a ten-year term of imprisonment and a RM970 million fine.




In September 2020, the alleged amount stolen from 1MDB was estimated to be US$4.5 billion and a Malaysian government report listed 1MDB's outstanding debts to be at US$7.8 billion.



Sources: 


https://www.forbes.com/sites/oliverwilliams1/2020/08/16/the-strange-rituals-of-billionaire-partying-exposed/


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https://www.youtube.com/watch?v=e-FEaFcyj3Q


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https://brownpoliticalreview.org/2022/06/exploitation-and-gender-inequality-in-the-elite-global-party-circuit-an-interview-with-ashley-mears/


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https://brownpoliticalreview.org/2022/06/exploitation-and-gender-inequality-in-the-elite-global-party-circuit-an-interview-with-ashley-mears/   


https://www.the-triton.com/2023/04/the-dark-side-of-yachting/


https://www.newsweek.com/kim-kardashian-kris-jenner-ray-j-make-deal-release-sex-tape-fact-check-1703727  


https://www.bbc.com/news/newsbeat-66479335   


https://www.theguardian.com/news/2022/apr/22/secrecy-sex-and-sun-captain-reveals-life-aboard-superyachts


https://www.superyachtcontent.com/superyacht-crew-lifestyle/sexual-abuse-in-yachting/


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https://en.wikipedia.org/wiki/Jho_Low


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https://www.vice.com/en/article/the-pretend-billionaire-who-threw-insane-parties-for-celebs-and-vanished-1/


https://www.theguardian.com/world/2016/jul/28/1mdb-inside-story-worlds-biggest-financial-scandal-malaysia


https://nypost.com/2018/09/15/i-own-you-youre-my-bitch-jho-lows-hollywood-power-play/


https://blog.limkitsiang.com/2015/12/29/the-rm7-bil-petrosaudi-caper/


https://myassets.theedgemalaysia.com/pics/2024/1MDB_1_TEM1542_theedgemalaysia.jpg


https://www.malaymail.com/news/malaysia/2022/06/09/najibs-trial-ambank-official-says-1mdb-asked-to-remove-petrosaudis-name-as-us95m-beneficiary-and-to-record-bank-account-number-only/11523


https://www.teenvogue.com/story/standard-issues-white-supremacy-capitalism-influence-beauty


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https://www.sciencedirect.com/science/article/abs/pii/S0014292115001658


https://upload.wikimedia.org/wikipedia/commons/8/81/Modern_Empires.svg


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