Blowing the Lid off 1MDB, AmBank, the WEF, and The Fugees
What does some Fugees rapper have to do with the WEF, the world of international finance, the 1MDB scandal, and kleptocratic lobbying of the United States government?
Given the implications of this story, it’s worth (as concisely as possible) at least outlining the several constituent parts and linking them together.
If you aren’t familiar with it — it’s wide-ranging and has huge implications in terms of outing the infiltration of the CCP & other nefarious entities into the world of international finance and the Department of Justice.
There are several definitions and people worth front-loading for the purposes of making this picture more clear.
Fugees — 1990’s hip hop group in the US
Pras — artist in that group
Ministry of Public Security — Several million police & counterintelligence force in mainland China
Operation Fox Hunt — Chinese program to extraordinarily rendition Chinese nationals from overseas back to the mainland.
1MDB / AMBank — Biggest international finance scandal in history, in Malaysia. Billions of USD were stolen and funneled to the personal accounts of several individuals in this story including..
Jho Low — Alleged “mastermind” of the 1MDB heist
WEF — You know this one.
There are plenty more. But you get the picture — it’s broad.
Pascal Najadi (in the interview below with Masako Ganaha) is the son of Hussein Najadi — an early co-founder of the WEF who parted ways with Klaus Schwab. Hussein Najadi — having been assassinated in 2013 — was purportedly trying to expose corruption in the Malaysian financial world.
The proceeds of his company, AMDB (AMBANK) were used in this story — because they were inserted into 1MDB. You can read a little more about that here.
The Fugee, the Fugitive and the FBI
via Bloomberg
You can read the full archive here.
The phone call awoke Pras Michél in the middle of a spring night in 2017. His “cousin from China” needed to meet, the woman on the line said. The caller was an ex-girlfriend who Michél, a rapper, producer and member of legendary hip-hop group the Fugees, hadn’t spoken to in years. He grew up in a Haitian family in New Jersey and doesn’t have a cousin from China, but he knew what the message meant.
Michél dressed and called a car to take him to the Four Seasons Hotel on 57th Street in Manhattan. The front desk clerk handed him a note. It instructed him to exit the hotel and circle the block twice, scanning to see if he was being tailed. Michél did as he was told and returned to the clerk, who gave him a room key. He went up to an empty suite and waited.
After about 25 minutes there was a knock on the door. An austere-looking Chinese security agent in a suit gave Michél a second room key and told him to go to the penthouse. Inside, another agent took Michél’s phones and placed them in a pouch. A table and two chairs sat in the middle of the room.
“They can’t kill me in the Four Seasons,” Michél said to himself.
The short summary is that one of the Fugees (a famous 90’s hip hop group) was meeting with Sun Lijun.
Why? We’re getting to that.
Soon a short, chubby man with wavy hair arrived, surrounded by more security personnel. Michél had met him before. He was Sun Lijun, China’s vice minister of public security. Sun began shouting in Chinese. An interpreter translated for Michél: “Who the f--- do the US government think they are?”
Who is Sun Lijun?
Sun Lijun was Vice-Minister of Public Security in China.
What does the Ministry of Public Security (MPS) do?
It’s a combo-org. Little bit of everything from National Policing (where it oversees approximately 2 million police) to Counterintelligence. Imagine, if the United States had a ‘National Police’ force that merged with an FBI which then further merged with a CIA.
Simply the worst of all possible imagined worlds.
Sun said he’d come to the US for sensitive negotiations with President Donald Trump’s administration but had failed to secure a high-level meeting. For three years, Beijing had been targeting Chinese nationals living in America who it viewed as threats. Agents had surveilled emigrés, visited their houses and detained family members still in China, aiming to persuade the targets to return home, where some would be charged with serious crimes. Called “Operation Fox Hunt,” the covert repatriation strategy had infuriated US officials.
Remember all those “overseas” Chinese police stations?
Ancient history. The CCP has been doing things like that for many years, if not decades. Most of which was very likely overseen by the Ministry of Public Security — one of whose senior leaders Pras was meeting.
It seems the Chinese Communist Party wanted to deport Guo Wengui for exposing the ownership structure of companies which belong to high ranking CCP members, nepotism, and the kleptocratic nature of the CCP.
Of particular concern to Sun was Guo Wengui, a real estate billionaire living on a temporary visa in New York. From his home overlooking Central Park, Guo had enraged the Chinese government by making a series of scandalous claims to the media, purporting to reveal the assets of top Communist Party officials. China was prepared to release two American citizens—one of them pregnant—being kept in the country under a so-called exit ban if the US deported Guo.
To be fair — in the article — Pras is mentioned to have somehow been able to rapidly secure the release of an American hostage. A pregnant woman. A good deed, no doubt.
Skipping ahead a bit to the bit of breaking news:
About two months later an FBI special agent interrupted Michél at brunch near his apartment in SoHo. The agent had 12 photos of Chinese officials and many questions: Who did Michél meet at the Four Seasons? Who else had contacted him from the Chinese government? And of course: How had a famous rapper and record producer found himself in the middle of a high-stakes negotiation between global superpowers?
Michél’s audience with a top Chinese security official, reported here for the first time, was a flashpoint in one of the most unusual political influence campaigns in recent memory. His involvement began by chance, around 2006, when he met a baby-faced Malaysian businessman named Jho Low. Low was a globe-trotting financier whose lavish spending would put him on familiar terms with dozens of A-list entertainers. But by 2016, US investigators believed he’d masterminded the embezzlement of billions of dollars from the Malaysian sovereign wealth fund 1MDB, blowing much of it on artwork, real estate and gifts for celebrity friends including Leonardo DiCaprio and Kim Kardashian. Few were as close to Low as Michél: Prosecutors seized $95 million that they alleged originated with Low from Michél’s accounts.
The flow of the story is lengthy, but at the same time very simple if Pascal Najadi’s assertions are true.
Money from AmBank (which was founded by the now-dead Hussein Najadi) flowed into 1MDB.
Money from 1MDB flowed around the world to grease palms.
Lots of this money flowed into the US by way of Jho Low — who then used several hundred million dollars to try to bribe and lobby different people surrounding President Trump (during his first term) into trying to extradite Miles Guo back to China.
Here’s a helpful infographic courtesy of Bloomberg.
But Bloomberg is missing one critical component, which is, of course, the (ex) WEF connection.
While it’s difficult to say exactly how much of AmBanks money was poured directly into 1MDB to carry this scam of monstrous proportions out..
Given that AmBank was fined $700 million USD — it’s safe to say: it’s A LOT of it.
So — what you are looking at here is:
Klaus Schwab’s ex co-founder of the WEF — the head of Emerging Markets —started a company in Malaysia many decades ago which grew into a very large bank, insurance, and mega-conglomerate called AmBank.
That company — AmBank — was funneling its own money (and, presumably, that of depositors) into 1MDB.
This money was then funneled overseas to do things like:
Fund lavish lifestyles.
Finance ‘The Wolf of Wall Street’ and several other movies.
Attempt to lobby the US government to extradite Miles Guo back to China.
Excellant article, I would like to add my opinion. I think he’s been “compromised” by the deep state, whomever that comprises. Could be CIA or some ‘dark’ agency. He’s not just in a rap band! $$$
Double agent? But the Chinese guy could be a double agent too.... the fact he got the pregnant women released shows he’s high up the CCP hierarchy. 🤨🤔
President Trump( during his first term)??