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Wednesday, January 20, 2016

NAJIB'S CREDIT CARDS

(Re: Fudzail)\

Last year we already reported that Najib and his wife splashed huge sums of money during August 2014 on credit cards for their European holiday.  We are now able to furnish further details of the expenditure, information which we are reliably informed is included in the MACC dossier, which Apandi has decided to sidestep.
 
The two cards involved were a Visa card * no: 4585 8180 0000 5496, on which RM449,000 was spent and a Master Card * [see base note] no: 5289 4380 0003 8961, on which RM2.8 million was spent in the course of the month of August in 2014.
 
Items funded included hotels, meals, jewellery purchases and other personal luxury expenditures in the South of Europe, including Italy and Monaco.
Rosmah - the mystery over who funds her big jewellery is starting to unravel as more and more public money has shown up in Najib's spending patterns.
Rosmah – the mystery over who funds her big jewellery is starting to unravel as more and more public money has shown up in Najib’s spending patterns.
 
The devastating detail, which makes this expenditure so toxic for a Prime Minister who has spent the last year trying to explain the source of his ostentatious wealth, is that both cards were in name of the company SRC International, which began as a subsidiary of 1MDB before it was taken over by the Finance Ministry directly (Najib is also Finance Minister).

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