NAJIB Razak has questioned the Pakatan Harapan government for charging his stepson Riza Aziz today as his transactions were all done in the United States.
“Riza has never been charged by the US Department of Justice for criminal charges for the past four years although the company is based in America and all transactions were done in America.
“(But) all charges (today) are for transactions that happened outside the country and involves foreign banks and investors. Not one of them involved transactions in Malaysia,” Najib wrote in a Facebook post.
Riza today pleaded not guilty at the Sessions Court to five charges of money laundering amounting to US$248.17 million (RM1.18 billion) belonging to 1Malaysia Development Bhd (1MDB) between April 12, 2011 and November 14, 2012.
Riza was accused of receiving the funds linked to 1MDB through bank accounts of Hollywood production house Red Granite Pictures, which he co-founded, and was charged in the US for misappropriating monies from the investment fund.
The funds were transferred from the Swiss accounts of Good Star Ltd — linked to fugitive businessman Low Taek Jho — and Aabar Investment PJS Ltd to the accounts of Red Granite in the US and Singapore, which Riza co-founded.
Najib said the PH government was being vengeful and covering up its own flaws by pursuing the charges against Riza, when the DOJ had dropped its forfeiture suit against his stepson after reaching a settlement.
The Red Granite film company was ordered to pay US$60 million (RM248 million) to the DOJ to settle claims that it finance movies with more than US$100 million of 1MDB funds.
“But the PH government is not satisfied and have charged him because of political vengeance,” Najib said.
He added that he had no knowledge of his stepson’s dealings other than the fact that Red Granite was involved in producing movies.
“In America, every film project needs to find investors, some of the investors were from 1MDB, this is why DOJ took action then,” he said.
The charges against Riza, under Section 4(1)(a) of the Anti Money-Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA), carry a punishment of maximum five years jail and/or maximum RM5 million fine.
To criticism that Riza was facing double jeopardy, deputy public prosecutor Ahmad Akram Gharib had said that AMLATFA allowed the prosecution of Malaysian citizens even though the offence was committed abroad. – July 5, 2019.
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