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rom 1mdb and processed through their jurisdiction sarawak report can decode the messages in that statement which there is little doubt refers to money laundering already reported in this blog namely the half billion dollars which passed through an account owned by the former aabar chairman khadem al qubaisi at the luxembourg branch of edmond de rothschild banque privee bpere the detail in the statement above makes it clear that the luxembourg authorities are referring to five payments which sarawak report has earlier reported were made into al qubaisi s vasco trust account at edmond de rothschild banque privee bpere in 2012 3 by two bvi companies blackstone asia real estate partners limited and good star limited sarawak report has revealed that both these companies now closed were owned by jho low whose deputy seet li lin was been registered as the signatory for both we have also revealed that it was good star limited which received much of the money from 1mdb us 1 03 billion siphoned out of the early petrosaudi deals and further reported that blackstone asia real eastate partners limited separately paid us 170 million into najib s own personal accounts between 2011 12 an allegation corroborated by abc australia s four corners programme earlier this week power purchase bond deals the luxembourg prosecutor s statement also makes clear where the authorities suspect this money arriving in khadem s accounts at bpere originated from in that it refers to its suspicion that sums paid upon the issuance of two bonds in may and october 2012 were misappropriated from off shore accounts held by the malaysian government the only likely reference is to the two power purchase deals conducted by 1mdb in 2012 which raised us 1 75 billion for the purchase tanjung energy in may 2012 followed by another us 1 75 billion for energy langat in october 2012 both these deals which were drawn up by goldman sachs are now known to have leaked huge sums of money thanks to a complicated arrangement involving a co guarantee from the abu dhabi aabar fund of which al qubaisi was chairman 1mdb agreed to pay a total of us 2 4 billion for the guarantees on the two bonds plus for the termination of various options allowed on the deal to aabar however those payments never arrived at the actual ipic subsidiary instead investigations by the wall street journal have established that much of the money went to a similarly named but privately owned bvi company called aabar pjs limited which sarawak report has learnt was incorporated by khadem al qubaisi and his side kick mohamed al husseiny the man now detained in abu dhabi the money trail begins to emerge given its statement luxembourg has clearly concluded that some of this money was later transferred into khadem s bpere accounts from blackstone asia real estate partners so it appears international regulators now believe that the money trail went from goldman sachs to aabar pjs limited then to blackstone asia real estate partners limited and finally on to khadem al qubaisi s personal vasco trust account at bpere this is what the luxembourg statement implies and the dates certainly match after all the tanjung energy bond was raised 11th may 2012 and the first whopping us 158 million dollar payment see above pitched up in the bpere account from blackstone on 29th may 2012 there was another payment in august again from blackstone the 1mdb energy langat bond was later raised in october and the next payments were subsequent to that one from blackstone to khadem on 31st october one in december a final us 20 million came in early in 2013 from good star another jho low concern the danger to najib the daily further revelations about these 1mdb money trails mean that the difficulty of the questions facing najib is escalating by the hour this is not least because the companies caught paying money into khadem s bpere accounts which the regulators are now publicly linking to 1mdb have also been paying money into najib s accounts namely blackstone asia real estate partners which has been cited in a letter from a mysterious saudi prince and also an account in the name of prince faisal bin turkey bin bandar alsaud yesterday putrajaya issued a self crucifying statement in which it welcomed the publication by abc four corners of a supposed letter from the unidentified prince claiming it was a vindication of najib s claims that he had received money from a royal saudi donor in that letter the prince said that some of his future donations would come from what he called his company blackstone asia real estate partners limited transfer documents seen by four corners further confirm the payments this means that the prime minister s office have now officially acknowledged on behalf of najib that he did receive payments from blackstone a company which is now the subject of money laundering investigations by the luxembourg authorities specifically on the suspicion that it was handling money misappropriated from 1mdb oh dear note this article is entirely reproduced from sarawak report s website for malaysians who are unable to access the website first 1mdb arrest former senior fund manager faces us extradition request in abu dhabi exclusive by sarawak report posted in malaysia news on april 2 2016 by ckchew 30 march 2016 the first 1mdb related arrest has taken place at the request of the united states in a move that will send shock waves and shivers through the malaysian political establishment and also in related businesses in hollywood and las vegas sources close to department of justice officials in the united states have confirmed to sarawak report that the former ceo of aabar mohamed al husseiny top right has been detained by the authorities in abu dhabi who are now processing an extradition request by the us department of justice relating to charges concerning 1mdb al husseiny who originated from kenya holds us citizenship despite having moved to abu dhabi this is the first outward move in an investigation that has been ongoing in the united states and other jurisdictions for several months into the disappearance of billions of dollars from the malaysian development fund meanwhile prime minister najib razak who is the sole shareholder and signatory of the fund has solidly denied that any wrong doing took place key player at international petroleum investment company ipic subsidiary whilst ceo of aabar a subsidiary of ipic until july of last year al husseiny was a key player in a number highly controversial deals involving 1mdb from which billions of ringgit appear to have disappeared he also fronted a massive bail out of 1mdb s debts in a surprise move last june it was one of his last actions in the post from which he was summarily dismissed the following month there are numerous other questions concerning the management of aabar where al husseiny was regarded as a right hand man of the ex chairman the high rolling nightclub supremo khadem al qubaisi also ceo of ipic al qubaisi was thrown out of all his official posts some weeks earlier in april of last year and following a period under house arrest he fled to the south of france where he has considerable property sarawak report has identified that al qubaisi has also been removed from a number of his private business positions over the past fortnight in the same period ipic has mysteriously removed all reference to a number of key subsidiaries of aabar which were linked to khadem from its websites us dimension the effects of the news has already caused an apparent major loss of confidence in related businesses in the united states the previously burgeoning las vegas based hakkasan nightclub empire which is owned by al qubaisi and fronted by its british born ceo the head of mergers aquistions neil moffit has shown signs of panic over the past few hours according to contacts rumours circulating las vegas that three top executives including moffit were about to jump ship have been quashed by khadem s new york law firm greenberg taurig for now however there are equal concerns in hollywood where mr al husseiny had revealed himself as the major investor in none other than the high profile new movie production company red granite which is owned by najib s step son riza aziz at the time of the announcement in august 2014 sarawak report questioned the apparent conflict of interest over a major business partner of 1mdb investing hundreds of millions in films commissioned by the shareholder s own son how the former abu dhabi fund manager a public servant acquired such huge sums was another question that has gone unanswered perhaps mr al husseiny will be able to address these issues if he is indeed brought to the united states as now formally requested if so the position of rosmah s son and najib s step son riza aziz who has been subject to much speculation over his ostentatious living and property acquisitions might start to look somewhat precarious it is widely known in hollywood that before sarawak report queried red granite s connections to malaysia s public funds riza and his partner joey mcfarland had told their colleagues and connections that their funding came from jho low rather than al husseiny their blockbuster wolf of wall street even carried a credit thanking low jho low connection riza s funding comes under the spotlight just as red granite prepares to launch the production of its next planned scorcese blockbuster the general a bio pic of america s hero george washington starring of course the oscar winning leonardo di caprio a close party pal in jho low s circle al husseiny s dealings with the fugitive billionaire his former boss khadem al qubaisi and their mutual business contact jho low are therefore likely to be top of the agenda during any questioning by law enforcers aabar once a wealthy investor with a us 70 billion equity base appears to have lost the bulk of its money it has been struggling to raise sufficient lending in recent weeks on the london largely to cover these commitments to 1mdb the authorities in abu dhabi must be wondering why the authorities in the us are likely to be more interested in the extensive private investments made in property and businesses by these players in particular record price breaking penthouses in new york and homes in beverley hills plus the multi million dollar investments in the hakkasan chain managed by moffit note this article is entirely reproduced from sarawak report s website for malaysians who are unable to access the website najib s mystery billionaire prince also paid millions to aabar boss by sarawak report posted in malaysia news on april 2 2016 by ckchew 29 march 2016 abc australia s four corners programme has confirmed and documented information published by sarawak report about payments into najib s ambank accounts by a mystery prince previously condemned as malicious falsehoods by the prime minister s spokesmen abc corroborated that these payments had been authenticated by bizarre letters from a supposed donor supposedly signed by a prince saud abdulaziz al saud from the private office of saud abdulaziz majid al saud four corners even published one of this series of letters which concludes with a revealing denial the gift should not in any event be construed as an act of corruption since this is against the practice of islam and i personally do not encourage such practices in any manner whatsoever intones the letter of november 1st 2011 so ought we like ambank just take the word of this prince who went so out of his way to stress that there was nothing corrupt about these gifts of hundreds of millions of dollars allegedly donated because he supported najib s efforts in promoting moderate islam letter in full below it would be easier to do so if there was any evidence that prince saud abdulaziz al saud actually existed however it would seem that it is his identity rather than our reporting that has proved false indeed the name is merely generic and does not specify which son of whom this prince might be let alone one who is a multi billionaire with philanthropic notions towards malaysia prince faisal bin turkey bin bandar alsaud furthermore the abc team has added a devastating detail to the information around the identity of this donor they have established that the bank transfer documents for these payments provide an altogether different name again for the mystery philanthropist the account from which the money actually came was in the name of one prince faisal bin turkey bin bandar alsaud and not prince saud abdulaziz al saud saud abdulaziz majid al saud once again a search of the internet fails to deliver any reference to a gentleman of that specific name the third related to the same payments despite his apparent humungous wealth and generous disposition however sarawak report can provide new evidence that the very same account also made a separate multi million dollar payment to none other than the sacked aabar chairman khadem al qubaisi during the same period in 2012 on 26th april 2012 the mystery prince banda paid a whopping us 23 999 977 into khadem s private vasco trust account at edmond de rothschild bank in luxembourg what an interesting connection telling payments into khadem al qubaisi s secret vasco trust account at edmond de rothschild bank in luxembourg from blackstone good star limited and prince faisal bin turkey bin bandar alsaud 1mdb connections the plainly fictitious prince is not the only connection to be found between secret payments to najib and secret payments to the ex aabar boss khadem also received money from the jho low companies good star limited and blackstone asia real estate parters limited which also funded najib above as malaysian followers of the 1mdb scandal will know al qubaisi was a key player working with jho low and goldman sachs to put together a series of multi billion dollar loans raised by 1mdb these loans were mystifyingly co guaranteed by aabar of which he was chairman in return for this guarantee and to terminate supposed options in the deals over us 2 4 billion was allegedly paid to aabar out of the money raised except the money did not arrive according to the accounts of its parent fund ipic research by the wall street journal shows the money instead went to a bvi company of a similar name aabar pjs limited incorporated by khadem and his side kick ceo mohammed al husseiny khadem and husseiny were both sacked by aabar ipic last year and are under investigation their accounts believed frozen however over in malaysia najib and the bosses of 1mdb continue to maintain there has been nothing untoward blackstone bvi there are more 1mdb connections thrown up by the latest information from four corners the programme also documents that a number of the payments to najib sponsored by the prince came from the phoney company blackstone asia real estate partners limited bvi which has already been exposed by sarawak report this is how the mysterious 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