A Tangled Web of Lies

O, what a tangled web we weave when first we practise to deceive!
Can't help but to recall this famous quote from Sir Walter Scott...
When one reads the latest revelations on the financial scandal that is 1MDB...
Touted as a sovereign fund to help the economy of the Malaysian Nation...
What has been revealed so far is a tangled web of deception for the nation...

O, what a tangled web we weave when first we practise to deceive!
At the onset of of the saga of 1MDB, it was a sovereign fund entity....
It sourced for billions and billions in cash money for seed capital initially....
Taking out monstrous loans using guarantees from the government...
No red flags were raised, despite reservations from the management...
When the numero uno signatory is the Finance Minister himself...
And it being so he is also the Prime Minister, who is to question...

O, what a tangled web we weave when first we practise to deceive!
The wheels of international justice are turning, investigations are revealing..
Convoluted  money trails of obscenely huge amounts to the tune of billions..
From Singapore to Switzerland to Luxemburg to Australia to the United States..
And a couple of other countries with highly principled banking standards...
Are seeking to unravel the this global money scandal with the  highest stakes..
Wall Street Journal expose is churning out scandalous information of the investigations..
While in the home country of Malaysia, political warlords brush off all revelations..

O, what a tangled web we weave when first we practise to deceive!
A single plea of innocence was well propped up with tales of donation...
As gifted from individual or individuals, ultimately from a dead Arabian King.. 
Stalwart political warlords were nevertheless resolute in defending...
As a much tainted political leader wisely maintains a eloquent silence...
Even as political foes and the knowing public cry out their frustrations...
Horrified and anxious over the repercussions from this 1MDB financial cancer..

O, what a tangled web we weave when first we practise to deceive!

http://malaysiansmustknowthetruth.blogspot.my/2016/05/1mdb-buck-passes-on-to-malaysian.html
http://malaysiansmustknowthetruth.blogspot.my/2016/05/leaks-show-how-bank-used-by-1mdb-jho.html
http://malaysiansmustknowthetruth.blogspot.my/2016/05/1mdb-wonderland-saga.html

Copyright © | Year Posted 2016



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Date: 5/13/2016 5:59:00 PM
What a potent write you have here. The age old problem of corruption and mismanagement. Enjoyed the read, Regards, Craig
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Chuan Seng Avatar
Keng Chuan Seng
Date: 5/13/2016 6:09:00 PM
Yes, TQ It is a case of how we are to see.. or chose not to see... Issues of mismanagement... or is it of gross negligence.. What is obvious is billions... missing as in swindled... All that remains despite the furore... debts in billions for this nation
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