There is an even more serious angle to this explosive set of discoveries. Sarawak Report has learnt that the on-going 1MDB investigation into Najib Razak’s AmPrivate Bank accounts in KL has also established that enormous payments came in from the very same source a few months earlier.
In 2011 Blackstone Asia Real Estate Partners Limited paid a total of US$170 million into the same private account belonging to Najib Razak which later received US$680 million in 2013, as reported by Sarawak Report, along with the Wall Street Journal.
Sarawak Report has already reported there had been earlier payments, which had brought the final sum in the account to well over a billion dollars. After the election over US$600 million was in fact sent exported back into personal accounts belonging to the Prime Minister in Singapore (now frozen) and the AmBank account closed.
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We are now able to disclose that the first of those series of payments, totalling US$170 million came from Blackstone Asia Real Estate Partners Limited (BVI) and it was supported by the very same identical letter of guarantee provided by the bogus sheikh ‘Saud Abdulaziz Majid al-Saud’, which also backed the later US$680 million ‘donation’ in 2013.
As we have detailed, Saud Abdulaziz Majid al-Saud has turned out not to exist and the series of identical letters provide no details of his address or credentials.
No wonder the task force investigations into 1MDB ended up querying these enormous payments as part of that remit into Malaysia’s missing development funds.
The official investigators had clearly concluded (before they were rudely shut down, arrested, sacked and in one case murdered) that these transfers into Najib’s accounts were directly linked to the disappearances of vast sums of money from the company’s accounts.