Massive corruption is suspected in a billion-dollar deal tied to Prime Minister Najib, reports John Berthelsen of the Asia Sentinel.
Joseph Breham, a member of a French legal team that filed complaints in a Paris court in connection with a potentially explosive scandal over the billion-dollar purchase of French submarines by Malaysia is due to land in Kuala Lumpur today (April 28) to seek further information on the case and to speak with their clients, the Malaysia human rights organization Suaram.
As Asia Sentinel has reported at length, the deal was engineered by then-Defence Minister Najib Tun Razak, now Malaysia’s Prime Minister, in 2002 and resulted in a massive €114 million (US$151.1 million at current exchange rates) commission for one of Najib’s closest associates, Abdul Razak Baginda. The purchase price included two Scorpene-class diesel submarines built by Armaris, a subsidiary of the French defense giant DCN (formerly Direction des Constructions Navales) and the lease of a third retired submarine manufactured by a joint venture between DCN and Spanish company Agosta.
Full story here.