Tag Archives: Malaysia

The Downing of Malaysian Airlines MH17: Mahathir Opens a “Ukraine Political Pandora’s Box”, by F. William Engdahl

Although it was a Malaysian airliner that was shot down over Ukraine in 2014, the Malaysian government has never been part of the official investigation. Now Malaysian Prime Minister Mahathir Mohamad has rejected the official conclusions. From F. William Engdahl at lewrockwell.com:

Malaysian Prime Minister Mahathir Mohamad sent shock waves in a public speech where he dismissed a Dutch “official” report blaming Russia for the downing of Malaysia Air Flight 17 in July, 2014, weeks after a CIA-led coup toppled the elected President of Ukraine. Despite the downplaying in western mainstream media of the Malaysian leader’s comments, it is creating a major new potential embarrassment for ex-Vice President Joe Biden and his Ukraine collaborators such as Igor Kolomoisky, in their flimsy effort to blame Russia for their own misdeeds.

During a dialogue with the Japanese Foreign Correspondent Club May 30, Mahathir challenged the Dutch government to provide evidence for their claim that the civilian Malaysian FH17 jet that crashed in Ukraine was shot down by a Russian-made BUK missile fired from a Russian regiment based in Kursk. The Malaysian Prime Minister told the Japanese media,

“They are accusing Russia, but where is the evidence? We know the missile that brought down the plane is a Russian type missile, but it could also be made in Ukraine.”

The blunt-spoken Mahathir added,

“You need strong evidence to show it was fired by the Russians; it could be by the rebels in Ukraine, it could be Ukrainian government because they too have the same missile.”

He went on to demand that the Malaysian government be allowed to inspect the black box of the crashed plane, stating the obvious, that the plane belongs to Malaysia, with Malaysian pilot and there were Malaysians passengers:

“We may not have the expertise but we can buy the expertise. For some reasons, Malaysia was not allowed to check the black box to see what happened.”

He went on to state,

“We don’t know why we are excluded from the examination but from the very beginning, we see too much politics in it, and the idea was not to find out how this happened, but seems to be concentrated on trying to pin it to the Russians.“

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Explosive WSJ Report Exposes China’s Role In 1MDB Scandal, by Tyler Durden

The Malaysian investment fund scandal gets stinkier and stinkier. From Tyler Durden at zerohedge.com:

In the waning months of his administration, Malaysian Prime Minister Najib Razak was desperate to stave off the bankruptcy of1MDB, the sovereign wealth fund that Razak and members of his inner circle looted (allegedly with the help of Goldman Sachs). So, he turned to an unlikely source of funding to bail out the fund – signing away rights to some of his country’s most valuable resources in the process.

The source? China. Employing financier Jho Low as an intermediary, Razak worked out an arrangement with the Chinese government whereby Razak’s government would grant state-owned Chinese enterprises lucrative stakes in Malaysian railway and pipelines projects in exchange for $34 billion – more than enough to clear the shortfall in 1MDB, and then some.

By 2016, Mr. Najib was in a bind because the fund had borrowed $13 billion it couldn’t repay. He turned to Jho Low—a Malaysian financier the U.S. Justice Department has alleged was the mastermind of a multibillion-dollar theft of 1MDB funds—to negotiate with China to resolve the crisis, according to current and former Malaysian officials.

According to a report in the Wall Street Journal, Razak offered the Chinese an invaluable cherry on top of the sweetheart deal. Permission to dock Chinese Navy ships in two Malaysian ports – a “significant concession” that would push Malaysia undeniably into the orbit of Beijing.

Mr. Najib also embarked on secret talks with China’s leadership to let Chinese navy ships dock at two Malaysian ports, say two people familiar with the discussions. Such permission would have been a significant concession to Beijing, which seeks greater influence across contested waters of the South China Sea, but it didn’t come to pass.

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China’s “New Silk Road” Project Hits Debt Jam, by Tyler Durden

Is debt catching up to the grand New Silk Road vision? From Tyler Durden at zerohedge.com:

President Xi Jinping’s “Belt and Road” trade infrastructure project could be hitting significant bottlenecks as some countries begin to sound alarms regarding the massive debt loads their governments are incurring.

Xi first announced the trade initiative also known as the “New Silk Road” in 2013, which needs more than $26 trillion of infrastructure investment by 2030 to keep regional economies expanding. The project includes railways, power plants, ports, highways and other projects across the world, with Beijing providing billions of dollars in credit to drive these schemes.

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Leaked Soros Memo Exposes Obama’s Secret TPP Negotiations; Hillary “Flip-Flopping”, by Tyler Durden

SLL WILL BE ON VACATION 10/27-10/30 AND RESUME POSTING 10/31. HAPPY HALLOWEEN!

The WikiLeaks emails have been an eye-opener. In a better world the organization would get some sort of public service award, and its leader wouldn’t be holed up in the Ecuadorian embassy in London. From Tyler Durden at zerohedge.com:

In addition to providing a glimpse into the internal, and often confrontational, dialogue that took place within the Clinton campaign on topics ranging from Hillary’s email server, to coordination and collusion with the media, to the planning how to attack Bernie Sanders, to the fascinating strife and conflicts of interest within the Clinton Foundation and the Clinton Global Initiative, the Podesta leaks have also been instrumental in providing the public with insight into Hillary’s flip-flopping views on the TPP. Indeed, as the WSJ put it recently, a running question through the presidential race has been whether Hillary Clinton is sincere in saying she opposes the 12-nation Asian trade deal that is one of the Obama administration’s top overseas priorities.

As secretary of state, Mrs. Clinton praised the proposed Trans-Pacific Partnership, calling it the “gold standard” of trade deals. But that was before she jumped into the presidential race. Organized labor, liberal activists and others want to scuttle TPP, so if Mrs. Clinton remained supportive, she risked a political backlash.

This is what the Podesta files have revealed so far: on Oct. 8, 2015, Hillary Clinton said she opposed the trade pact, a position that proved helpful in keeping her coalition intact and beating back a primary challenge from Vermont’s liberal senator, Bernie Sanders. That wasn’t an easy call. A new batch of hacked emails illustrates divisions within her staff about how to handle one of the most delicate issues of the race.

Five days before Mrs. Clinton’s announcement, her top advisers were divided about what she should do, with some fearing that opposition to the trade pact would look like a blatant “flip-flop.”

On October3, 2015, Clinton advisor Ron Klain wrote Jake Sullivan with the following advice:

She has to be for TPP*. She called it the “gold standard” of trade agreements. I think opposing that would be a huge flip flop. She can say that as President she would work to change it. She can say that it can be better. But I think she should support it.

That produced the following reply from Jake Sullivan, the Clinton campaign’s top foreign policy advisor: ”I agree with you on TPP but others (including on this email!) feel strongly to the contrary.” The exchange ends with campaign manager Robby Mook noting that labor wouldn’t stand for her endorsing the trade deal.

“TPP would be lethal with labor. We’d loose [sic] Afscme and likely SEIU as well.” As the WSJ points out, that calculation apparently carried the day.

To be sure, the TPP came up during the last debate in Las Vegas, where Hillary Clinton said the following about the trade deal: “Well, first, let me say, number one, when I saw the final agreement for TPP, I said I was against it. She added that “it didn’t meet my test. I’ve had the same test. Does it create jobs, raise incomes and further our national security? I’m against it now. I’ll be against it after the election. I’ll be against it when I’m president.”

What she really meant is that she had realized that backing her previous stance, and supporting the TPP, would likely cost her millions of union votes. The irony, however, is that if Hillary is elected president, she will almost certainly revert back to some TPP formulation, especially since it is in the best interest of big business.

To continue reading: Leaked Soros Memo Exposes Obama’s Secret TPP Negotiations; Hillary “Flip-Flopping”