UAE MBZ Corruption

By : xixop68591

Published On: 2020-08-17

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UAE MBZ (Mohammed bin Zayed) Corruption - UAE's 1 Mdb Scandal

Malaysia's Anti-Corruption Commission (MACC) confirmed on Wednesday that the UAE’s de-facto leader and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed was involved in the multibillion-dollar financial scam that allegedly implicates Malaysia’s former prime minister Najib Razak.

The MACC released audio recordings, revealing that the UAE crown prince faked evidence to cover up the corruption scandal linked to disgraced Razak.

Called the “Heist of the Century”, it is a $4.5 billion financial embezzlement that involves a Van Gogh painting, luxury yachts, banks in the US, Singapore and Switzerland, the Emirati Prince and Leonardo DiCaprio.

The clips mark a massive blow to Nijab, who denies all allegations, and also prove the international extent of the massive scandal, including the UAE 's involvement.

MACC chief Latheefa Koya confirmed during a press conference that nine audio recordings indicating fraud have been discovered. Koya called them authentic, saying that besides Najib, the UAE’s de-facto leader and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed, was on the calls as well as multiple Malaysian and Emirati officials.

Koya said the recordings prove “abuse of power, criminal conspiracy, obstruction of justice, compromising national security, fabrication of false evidence through foreign aides”, referring to the UAE.

The clips consist of phone conversations from 2016 and linked to the looting of state investment fund, 1Malaysia Development Berhad (1MDB).

In one particular recording, Najib asked the crown prince to help fabricate a loan agreement to show that Najib’s stepson, Riza Aziz, had received financing from the UAE's International Petroleum Investment Company (IPIC) and not from money siphoned from 1MDB.

Aziz is a film producer whose production company produced Leonardo DiCaprio’s famous The Wolf of Wall Street.

Malaysian and US authorities say a whopping sum of $4.5 billion was misappropriated from 1MDB, co-funded by Najib in 2009.

According to the audio clip, Najib purportedly tells Prince Zayed: “I also have this personal request, your highness, that relates to Riza, my son and his movie… if there can be a loan agreement signed to show that it is a legitimate financing package, it’s not money laundering.

"I need that agreement to be sorted out quickly, your highness, that's my special request," said Najib.

Prince Zayed agrees to fake the evidence, saying: "Mr prime minister, believe me, I want to finish this, this is bad."

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