{"id":19878,"date":"2016-04-13T11:44:53","date_gmt":"2016-04-13T16:44:53","guid":{"rendered":"http:\/\/olduvai.ca\/?p=19878"},"modified":"2016-04-13T11:45:05","modified_gmt":"2016-04-13T16:45:05","slug":"state-of-fear-corruption-in-high-places","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=19878","title":{"rendered":"State of Fear \u2013 Corruption in High Places"},"content":{"rendered":"<div class=\"art-postmetadataheader\">\n<h3 class=\"art-postheader\"><a title=\"Permanent Link to State of Fear \u2013 Corruption in High Places\" href=\"http:\/\/www.acting-man.com\/?p=44297\" rel=\"bookmark\">State of Fear \u2013 Corruption in High Places\u00a0<\/a><\/h3>\n<\/div>\n<div class=\"art-postcontent\">\n<p><strong>Mr. X and his Mysterious Benefactors<\/strong><\/p>\n<p>As the Australian Broadcasting Corporation (ABC)\u00a0<a href=\"http:\/\/www.abc.net.au\/news\/2016-03-29\/najib-razak-bank-accounts-triggered-money-laundering-alert\/7280244\">reports<\/a>, a money-laundering alarm was triggered at AmBank in Malaysia, a bank part-owned by one of Australia\u2019s \u201cbig four\u201d banks, ANZ. What had triggered the alarm? Money had poured into the personal account of one of the bank\u2019s customers, a certain Mr. X, in truly staggering amounts.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-44298 size-full\" src=\"http:\/\/www.acting-man.com\/blog\/media\/2016\/04\/najib.jpg\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" srcset=\"http:\/\/www.acting-man.com\/blog\/media\/2016\/04\/najib.jpg 640x, http:\/\/www.acting-man.com\/blog\/media\/2016\/04\/najib-300x200.jpg 300x\" alt=\"najib\" width=\"640\" height=\"427\" \/>A recent photograph of Mr. X. \u00a0 \u00a0\u00a0Photo credit; Peter Foley \/ Bloomberg via Getty Images<\/p>\n<p>Hundreds of millions of dollars were paid into the account of Mr. X by a Saudi prince described as \u201cmysterious\u201d, and two British Virgin Island companies characterized as \u201cshadowy\u201d.<\/p>\n<p>Overall, more than $1.05 billion landed in Mr. X\u2019s private account in a little over two years. This was bound to raise eyebrows, considering Mr. X\u2019s official salary only amounts to approx. $100,000 per year. Not a bad salary to be sure, but even if he were to save half of it every year, it would take him 210,000 years to save up $1.05 billion, not just two.<\/p>\n<p>Then the head of a government-owned Malaysian company put millions of ringgit into Mr. X\u2019s credit card accounts, which had been a tad overdrawn (by slightly over $ 1m.), due to Mr. X\u2019s wife splurging a bit on jewelry in 2014.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-44300\" src=\"http:\/\/www.acting-man.com\/blog\/media\/2016\/04\/ringgit.jpg\" sizes=\"auto, (max-width: 630px) 100vw, 630px\" srcset=\"http:\/\/www.acting-man.com\/blog\/media\/2016\/04\/ringgit.jpg 630x, http:\/\/www.acting-man.com\/blog\/media\/2016\/04\/ringgit-300x190.jpg 300x\" alt=\"ringgit\" width=\"630\" height=\"400\" \/>A nice little pile of ringgit suddenly found its way into Mr. X\u2019s credit card accounts, taking care of a slight overdraft.<\/p>\n<p>Apparently Mr. X was not shy about spending some of his new-found wealth either. Apart from his wife\u2019s predilection for expensive jewelry and other luxury items, he himself occasionally displayed a yen for fancy cars and reportedly also favored swanky accommodation. Friends and partners of Mr. X also enjoyed a windfall.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>State of Fear \u2013 Corruption in High Places\u00a0 Mr. X and his Mysterious Benefactors As the Australian Broadcasting Corporation (ABC)\u00a0reports, a money-laundering alarm was triggered at AmBank in Malaysia, a bank part-owned by one of Australia\u2019s \u201cbig four\u201d banks, ANZ. What had triggered the alarm? Money had poured into the personal account of one of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[5728,8119,1769,1445,536,537,6170,13446],"class_list":["post-19878","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-acting-man","tag-australian-broadcasting-corporation","tag-corruption","tag-malaysia","tag-money","tag-money-laundering","tag-pater-tenebrarum","tag-state-of-fear"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19878"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19878\/revisions"}],"predecessor-version":[{"id":19880,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19878\/revisions\/19880"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}