Royal Front In Kuwait Covered Jho Low S Luxury Spending Too Exclusive



Sarawak Report has detailed evidence showing how a Kuwaiti royal personage, the former elder son of the ex-Prime Minister of the emirate, Sheikh Sabah Jaber Al-Mubarak Al-Hamad Al-Sabah, agreed in 2016 to front as the payer of legal bills for the Malaysian financial fugitive Jho Low
The money used by the Kuwaiti royal to perform this service can be traced to multi-million euro payments from a subsidiary of the Chinese state owned development company CCCC (which was censured and banned by the World Bank at the time over separate corrupt activities) to a company controlled by Sheikh Sabah, the little-known Comoro Gulf General Trading & Contracting Company
Evidence shows that Jho Low, who acted as the ‘fixer’ for ex-Malaysian prime minister Najib Razak to facilitate thefts through 1MDB and other transactions, orchestrated these transfers. Sarawak Report has learned the CCCC payments were made in return for the granting and massive inflation by 100% of Malaysia’s East Coast Railway Line project to the Chinese company just a few weeks earlier in July 2016
Sources say a total of US$3 billion was promised as “commission’ for the inflated deal by the Chinese construction company – money that would, of course, have to be ultimately repaid by Malaysian taxpayers
Invoices sighted by Sarawak Report show that the money transferred to the Kuwaiti company was not only used to pay the as yet unexplained fees of global law firms such as Kobre & Kim, Schillings and Gibson Dunn & Crutcher – payments that could well be argued as benefitting Jho’s “Big Boss” Najib as well as himself – but also to pay millions of dollars owed to luxury “Concierge Services” and for the upkeep of the super-yacht Equanimity
Equanimity was confiscated by the Department of Justice in a high-profile ‘snatch’ operation off Indonesia in 2018 and returned to the Malaysian government. The use of supposed “commissions” to Najib in return for the granting of the rail project (something Jho Low was in no position to do himself) appears to confirm suspicions that the super-yacht was in fact being managed by the businessman on behalf of his patron in power
Jho Low’s super yacht cost millions of dollars to maintainLuxury Providers are ‘Enlightened Capitalists’ when it comes to payments from fraudstersAs well as the payments to US law firm Kobre & Kim and UK based reputation management outfit Schillings, Jho Low had made clear to his Kuwaiti associate that another top priority for settling fees, once the first payment of CHY450 million was transferred from CCCC September 20th 2016, was the company WMG PCC Ltd (Wright Maritime Group), a Los Angeles based yacht leasing and management company with a euro bank account in the UK off-shore Island of Guernsey
Enlightened Capitalists don’t probe too deeply into their clients
The bill paid by Comoro Gulf General Trading & Contracting Company into WMG’s Royal Bank of Scotlands’ account in St Peter’s Port totalled a jaw-dropping seven million euros, presumably for crewing the luxury vehicle, which is a service the company provides
WMG’s ‘About Us’ section is headed under the title of “Enlightened Capitalism’, which presumably involves not enquiring too deeply into why a Kuwaiti royal had ‘out of friendship’ offered to pay such a bill for a man who was by then the world’s best know financial fugitive and branded fraudster
For the management of Equanimity – request for payment was made to Sheikh Sabah, although Jho Low was the known owner of the yachtSarawak Report has ascertained that although the payment was made to WMG and Jho Low’s law firms from money transferred from CCCC into the Comoros Gulf General Trading & Contracting Company, those companies’ invoices were made out to a better known entity in which Sheikh Sabah had shares but did not control, namely the Kuwait based Al Waseet International group
Sources have informed Sarawak Report that this was to improve appearances for the benefit of those companies.  After all, they were already being asked to receive their payments from a politically exposed personality (the son of a prime minister with no identifiable reasons to perform such generous gifts to Jho Low) after Jho Low had himself been exposed as a fraudster wanted by international investigators
Another major beneficiary from the same concealed kickback fronted by Sheikh Sabah was a so-called ‘Concierge’ Service, Concierge Leasing LLC  based in London with offices in New York. The company was set up amidst considerable publicity by the trendy British aristocrat, Lady Cosima Somerset, related to Jemima Khan and once friends with Princess Diana
Pandering to the every whim of dodgy new money
The brainwave business model behind Concierge (and other outfits of the same ilk utilised by Jho Low) is to cater to the every luxury whim and need of an increasingly wealthy super-rich who cannot be bothered to manage their own affairs
As the company advertised “Each member of Concierge is looked after by a dedicated team consisting of an Account Director, Account Manager and Account Assistant, all of whom are on hand to assist with each and every request”. Alternatively, Forbes Magazine termed Concierge “A highly trained force of femmes fatales–experts in stealth, precision and persuasion–circle the globe, moving with equal ease through border crossings and society balls. Their mission: to execute the wishes of an exclusive group of the wealthy and powerful.”On a more practical note, a concierge company is a perfect agency to provide members with speedy but discreet access to private jet hire and places to stay. Invoices from manager Flora White to Sheikh Sabah issued during the course of 2016 total £2 million plus $2 million in round figures, which were paid on behalf of Jho Low for unspecified services apparently in London and America
Indeed, although he was by then an international fugitive, Jho Low was spotted in London at a well-known Malaysian restaurant in late 2015, according to informants who contacted Sarawak Report
The invoices were likewise issued not to Jho Low himself but to Sheikh Sabah under his address at Al Waseet, with a note of explanation by Ms White referring to a verbal agreement apparently made by him to cover such expenses, as with his his legal bills, out of “friendship”:“As per the discussions and documents provided to our client(s), we require a transfer of $1,250,000 to cover necessary costs with Concierge New York for the benefit of our client(s), whom we understand you have agreed to assist monetarily either directly (or through your nominated entities) given your friendship with our client(s)”wrote Md White in one invoice dated 9th September 2016.  A separate invoice on the same date requested a further $750,000 on the same grounds, both to be paid to a JP Morgan account in New York. Two other invoices also issued on the same day with the same note of explanation requested UK£1,070,000 and £930,000 respectively to be paid into a Lloyds bank account in London
All four bills were settled on or shortly after 23rd September after the arrival of the suspect CCCC money into the Comoro Gulf General Trading & Contracting Company account
Clearly, given that since early 2015 Jho Low had ranked amongst the world’s most famous fraudsters, ‘enlightened capitalism’ also extends into the ‘concierge’ business and delving too much into the affairs of one’s wealthy clients or reporting on the strange sources of their financial settlements is not the done thing
Concierge has now rebranded as a ‘lifestyle company’ called Somerset White. - Sarawak Report

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2020/05/royal-front-in-kuwait-covered-jho-lows.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+M

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
How Jho Low Created A New Front For 1mdb Kickbacks In Kuwait Exclusive

How Jho Low Created A New Front For 1mdb Kickbacks In Kuwait Exclusive

papar berkaitan - pada 10/5/2020 - jumlah : 403 hits
The Malaysian financial fixer Jho Low had been on the phone to his contacts according to a source who witnessed the call It was June 2016 and the location was the luxurious home of the family of the then Kuwaiti prime minister Sheikh Jaber ...
Conditional Mco Too Soon Says Nipah Virus Scientist

Conditional Mco Too Soon Says Nipah Virus Scientist

papar berkaitan - pada 4/5/2020 - jumlah : 300 hits
KUALA LUMPUR While not objecting to the loosening of the movement control order a research consultant says the move is being taken too soon Universiti Malaya Academician Emeritus Professor Datuk Dr Lam Sai Kit said the number of cases has n...
N Sembilan Too Opts For Softer Landing No Dine In Sports Or Social Activities

N Sembilan Too Opts For Softer Landing No Dine In Sports Or Social Activities

papar berkaitan - pada 3/5/2020 - jumlah : 255 hits
CORONAVIRUS Negeri Sembilan will not relax the movement control order rules tomorrow at the level suggested by Putrajaya in view of new Covid 19 cases in the state The state has now joined the ranks of Sarawak Selangor and Kedah who are not...
Mco Relaxation Too Soon Too Fast

Mco Relaxation Too Soon Too Fast

papar berkaitan - pada 2/5/2020 - jumlah : 233 hits
Thank God we can get outta jail No it s too soon beware a second Covid wave These polar opposites sum up how people feel about the MCO being largely lifted on May 4 Some say that the concerns of businesses trumped over the need for health c...
Too Early Too Soon To Reopen Ideal Time After Mid June

Too Early Too Soon To Reopen Ideal Time After Mid June

papar berkaitan - pada 4/5/2020 - jumlah : 298 hits
There is a speculation that reopening businesses and activities by the Muhyiddin government could be a grave mistake There is going to be a spike in Covid 19 cases once these businesses and activities reopen and do their trade Other countri...
Photos Japanese Artist Creates Stunning Sashimi Art That S Too Pretty To Eat

Photos Japanese Artist Creates Stunning Sashimi Art That S Too Pretty To Eat

papar berkaitan - pada 6/5/2020 - jumlah : 273 hits
They look too pretty to eat small Cover image via Instagram mikyoui00 small These plates of sashimi are simply too pretty to eat Japanese sashimi artist mikyoui00 has been cooking up a storm with his beautifully delicate sashimi arrangement...
Yoursay Three Day Notice Too Short For Plan To Reopen Economy

Yoursay Three Day Notice Too Short For Plan To Reopen Economy

papar berkaitan - pada 6/5/2020 - jumlah : 285 hits
YOURSAY If it is a well thought out decision it would not have been just a three day notice Vijay47 The opposing stand by the six states must have come as a big shock to you and a great blow to your ego International Trade and Industry Mini...
Undocumented Migrants Too Must Go For Screening But Dim Hope Of Getting Them Now Says Think Tank

Undocumented Migrants Too Must Go For Screening But Dim Hope Of Getting Them Now Says Think Tank

papar berkaitan - pada 6/5/2020 - jumlah : 331 hits
Mass detentions of undocumented foreign workers in breach of a government assurance have made it more difficult to get them to come forward for Covid 19 screening says a think tank PETALING JAYA A public health think tank has urged the gove...
What Percentage Of Alcohol Is Too High In Sanitisers

What Percentage Of Alcohol Is Too High In Sanitisers

papar berkaitan - pada 29/4/2020 - jumlah : 380 hits
Image Pexels You may think that the higher the alcohol content in sanitisers the more effective they would be in disinfecting Emergency physician Dr Abdullah Asad Saddiqui begs to differ While I believe that soap and water works best in des...
Rasa Masakan Korea Soondubu Jigae Beef Di Dubuyo

China S President To Host Official Dinner For Anwar

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

Tip Mudah Santan Berketul Jadi Elok Semula Letak Sehelai Daun Ini Saja

Maggi Goreng

Unlocking Savings Expert Tips For Finding Discounted Cigarettes In Australia

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Pencipta Squid Game Hwang Dong Hyuk Sahkan Musim 3 Sebagai Penutup Kisah Gi Hun

Sedapnya Kopi Kering Beku Kapsul Dari Zus Coffee

Anwar Slams Hypocritical Criticism Over His Response To Najib S Apology

A Sucker Punch For Rm1 000 What S The Value Of Dignity In Malaysia

Mencipta Paper Bag Yang Berkesan Elemen Dan Pilihan Bahan

11 Jam Dan 1 Jam