Book Review: The General vs. The President

Book Review: The General vs. The PresidentHarry S Truman ascended to the presidency of the United States on April 12, 1945, a plain-spoken career politician and product of the political machine of Boss Tom Pendergast in Kansas City. It is clear that Douglas MacArthur, regarded arguably as the greatest American general of World War II, regarded him as little more than…

Malaysia at 60: The Promise Fades

Malaysia at 60: The Promise FadesOn Aug. 31, Malaysia will celebrate – if that is the proper word – the 60th anniversary of its founding with its people subdued and with a government widely regarded as a kleptocacy. It is wracked with a continuing scandal that has robbed the exchequer of an estimated US$11.4 billion lost to fraud and mismanagement…

Malaysia’s Najib Gets a White House Pass

Malaysia’s Najib Gets a White House PassIn asking Malaysian Prime Minister Najib Razak to the White House, US President Donald Trump has extended an invitation to arguably Southeast Asia’s biggest crook among the region’s current leaders and one who has jailed or threatened the country’s opposition into near irrelevance. The White House didn’t answer a request for comment. But in a…

A Fox in Charge of a Global Money-Launderer’s Henhouse

A Fox in Charge of a Global Money-Launderer’s HenhouseIn 2014, the central banks of Tanzania and Cyprus took over the notorious FBME Bank, which was accused of a long list of banking violations that allegedly made it the money-laundering epicenter of global finance. But the man they put in charge of administering the bank appears to have been about as controversial as the…

French Justice Catching up With Malaysians in Sub Scandal?

French Justice Catching up With Malaysians in Sub Scandal?Although Abdul Razak Baginda, the central figure in what was previously Malaysia’s most notorious scandal, has been charged with “active and passive complicity in corruption” by French prosecutors, according to Agence France Press on Aug. 1, it is unlikely that they are going to catch up with him anytime soon. Razak remains in Malaysia, a…

International Investment Firm Ordered Shut in Bermuda

International Investment Firm Ordered Shut in BermudaThe Supreme Court of Bermuda has ordered the Bermuda arm of the controversial empire of the Lebanese Saab brothers liquidated following an investigation by KRyS Global, an international fraud investigation and dispute resolution firm. Ayoub-Farid and Fadi Saab are the beneficial owners of FBME Bank of Tanzania, whose Cyprus unit was in effect shut down…

Glamorous Russian Lawyer Tied to Deeper Scandals

Glamorous Russian Lawyer Tied to Deeper ScandalsThe woman offering compromising information about Presidential candidate Hillary Clinton to Donald Trump, Jr is no ordinary Russian aparatchik. She is Natalia Veselnitskaya, whose high-powered Moscow-based law firm represented a concern accused by the US Treasury Department of stealing US$235 million from a US-based investment fund through an audacious plan tied to top Kremlin officials.…

A New Bank of Crooks and Criminals

A New Bank of Crooks and CriminalsThe Cyprus-based FBME bank, permanently blocked in April by a US court from access to the US banking system and thus basically shut down, has among its depositors arguably the biggest collection of financial outlaws the world has seen in decades. It is as if every illicit international operation on the globe from the Russian…

Japanese Firm Got Almost a Free Indonesian Bank

Japanese Firm Got Almost a Free Indonesian BankA scandal-plagued Indonesian bank, now in the hands of a controversial Japanese company, was sold to its new owners for virtually nothing, adding another layer of intrigue to the long saga of what was once the notorious Bank Century.  It is now doing business as PT Bank J Trust Indonesia TBK.  The result, since Century's…

Politics Drives an Islamic Agenda in Malaysia

Politics Drives an Islamic Agenda in MalaysiaWhen Malaysia’s Dewan Rakyat, or parliament reconvenes on July 24, its most controversial order of business is a measure that could send the country down the road towards an Islamic dictatorship, a bill that would allow for the imposition of shariah law in the rural eastern state of Kelantan. But critics say it could spread…
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