Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook

facebook3           facebook2 


What BFCSA Does...

BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.


Articles View Hits

Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

"Confidentiality is assured."

Cartoon Corner

Lighten your load today and "Laugh all the way to the bank!"

Denise Brailey

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form

BFCSA: Malaysian Prime Minister Najib Cracked Down on Free Speech to Limit 1MDB Fallout, Journalist Says

Posted by on in Corruption Exposed
  • Font size: Larger Smaller
  • Hits: 1585
  • Print


Najib Cracked Down on Free Speech to Limit 1MDB Fallout, Journalist Says

June 06, 2016, 05:55:00 AM EDT By Dow Jones Business News


A senior Malaysian journalist who quit his job at a leading newspaper said Prime Minister Najib Razak's government has cracked down on freedom of speech as it tries to limit the fallout from a graft scandal surrounding a state investment fund.

Mustapha Kamil, the former group editor of the English-language New Straits Times, which is controlled by Mr. Najib's ruling party, took a rare public stance by saying that an increasingly "authoritarian" stand by the government toward media was the reason he quit the newspaper in April. He had worked there for more than a quarter-century.

Mr. Mustapha initially remained quiet after stepping down, but last week posted the reasons for his action on his Facebook page—an unusual act in the closed world of Malaysian state media.

Investigators in at least seven countries are probing 1Malaysia Development Bhd., or 1MDB, a government investment fund Mr. Najib set up in 2009 to boost growth. Some investigators have said they believe $6 billion has gone missing.

Hundreds of millions of dollars originating from 1MDB allegedly moved into Mr. Najib's private accounts via a web of offshore entities, and was spent on politics, jewelry and clothes, The Wall Street Journal has reported, citing investigators and bank-transfer documents.

Mr. Najib's government has banned newspapers it controls—which include the New Straits Times and the larger- circulation Malay-language Berita Harian and Utusan Malaysia newspapers—from covering the 1MDB story, Mr. Mustapha said in an interview.

News releases from 1MDB denying stories in the Journal and calling into question its sources would sometimes come to the New Straits Times from the prime minister's office with orders to run the statements in their entirety, according to Mr. Mustapha. The newspaper did as they were told.

"There are specific instructions to use this or that story, and we're not allowed to question," he said. "Before 1MDB, there was more freedom for us to do our job."

Mr. Najib and the 1MDB fund didn't respond to questions about whether the government pressured media over coverage of the scandal. In the past, Malaysia's government has justified curbing media freedom to report on 1MDB, citing the need to maintain public order.

The prime minister has said the money he received in his account was a political donation from Saudi Arabia, and most of it was returned. 1MDB has denied wrongdoing and says it is cooperating with the probes.

Mr. Mustapha acknowledged that the New Straits Times, which is controlled by Media Prima Bhd., a company owned by Mr. Najib's ruling United Malays National Organization, always faced some curbs on free expression.

Those limits, though, have narrowed considerably in the past year since Mr. Najib began to fight allegations about taking money from 1MDB, he added.  "It was not this frequent and not this authoritarian," Mr. Mustapha said of previous media controls.

James Chin, a Malaysian academic who heads the Asia Institute at the University of Tasmania, disagrees that the level of pressure on state-run media from the government has increased under Mr. Najib. He said the government of former Prime Minister Mahathir Mohamad regularly closed newspapers.

But the 1MDB scandal has rolled on for so long—hurting the ruling party's image—that it is starting to cause fissures between Mr. Najib and editors from newspapers that should support him, Mr. Chin said.

Some independent news outlets, like the Edge Media Group, have also faced pressure from Mr. Najib's administration after reporting critically about the 1MDB scandal. Last year, the government said it suspended The Edge Weekly and The Edge Financial Daily for two months due to the company's reporting on the scandal. The Malaysian Insider, another online news site owned by the Edge group, said it was blocked by the government in March and decided to shut down amid falling advertising revenue.

Mr. Najib's administration has cracked down on criticism of 1MDB in other ways. Last year, a former ruling-party politician was arrested on charges of economic sabotage after he called for an investigation into 1MDB. He was later released on bail.

Mr. Mustapha said on Facebook that the Pulitzer Prize committee's decision in April to cite The Wall Street Journal as a finalist in international reporting for its coverage of 1MDB was a factor in his decision.

"When an American newspaper…wrote a story that got nominated for the coveted Pulitzer Prize, about an issue that happened right under my nose, I began to seriously search my conscience and asked myself why I was in journalism in the first place," he said.

Write to Tom Wright at This email address is being protected from spambots. You need JavaScript enabled to view it.">This email address is being protected from spambots. You need JavaScript enabled to view it.

(END) Dow Jones Newswires
  Copyright (c) 2016 Dow Jones & Company, Inc.


read more

Last modified on
Rate this blog entry:


  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Saturday, 16 January 2021