Friday, September 29, 2017

Corrs CEO John W.H. Denton has made himself ,and Corrs a matter of national security ;it is in the national interest that Corrs China deals be open to public scrutiny

by Ganesh Sahathevan



Current Chinese President Xi Jinping with Corrs CEO John W.H. Denton
Former Chinese President Hu Jintao with Corrs CEO John W.H. Dentonnto


Anyone,let alone a major law firm and a very senior lawyer,who says these things and buttresses it with photos of the type above, invites public scrutiny.
In fact,statements of this type,proudly published on the Corrs website, invite not only Australian public scrutiny, but attention from intelligence agencies of all affected countries:


In a recent visit to Xinjiang in China's far west, the Corrs China Business Group met with numerous officials who enthusiastically shared their role in the China-Pakistan Economic Corridor (CPEC).This initiative (one of a number of initiatives encompassed by OBOR) is intended to promote connectivity across Pakistan with a network of highways, railways and pipelines accompanied by energy, industrial and other infrastructure development projects to address critical energy shortages needed to boost Pakistan’s economic growth. Eventually, CPEC will also facilitate trade along an overland route that connects China to the Indian Ocean, linking the Chinese city of Kashgar to the Pakistani port of Gwadar.
In a world that is increasingly interconnected and as a trading nation, Australia has a significant role to play in the policy thinking on global maritime economic issues. Australia is working with Chinese officials as they develop the country’s maritime economy strategy. As a maritime trading nation, these strategic issues of vital importance to us, including their political dimensions. Attracting capital to Northern Australia as part of OBOR will be a key focus. Darwin is intended to be a crucial link in China's new 21st Century Maritime Silk Road. The recent Darwin Port deal will provide Chinese shipping and naval vessels with facilitated access to Australia, the Indian Ocean and the South Pacific, as well as to Indonesia and PNG over the coming century.


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50-60 ROK TAEKWONDO SPECIALISTS

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PLANNED U.S. MILITARY MOVES THE TREE CUTTING OPERATION IS NOW SCHEDULED TO TAKE PLACE AT ABOUT 1800 HRS. EDT ON AUGUST 20. SIMULTANEOUS WITH THE TREE CUTTING, A NUMBER OF B-52'S WILL ARRIVE OVER SOUTH KOREA. FIVE GROUPS OF FOUR F-111'S WILL BE ARRIVING IN THE ROK AUGUST 20 BETWEEN 0225 AND 0425 EDT. THE MIDWAY CARRIER TASK GROUP HAS BEEN ORDERED TO SAIL AT 1700 EDT AUGUST 20 TO THE VICINITY OF THE SOUTHERN APPROACHES TO THE KOREA STRAIT. CHARGE STERN AND GENERAL STILLWELL WILL SEE PRESIDENT PARK SHORTLY TO INFORM HIM IN DETAIL OF OUR PLANS FOR THE TREE, THE B-52'S AND THE F-111'S. SECRET SECRET PAGE 02 STATE 206906 TOSEC 220008 STILLWELL'S PROPOSED PLAN GENERAL STILLWELL'S PROPOSED PLAN FOR THE TREE SURGERY CALLS FOR U.S. ENGINEERS, AUGMENTED BY 50-60 ROK TAEKWONDO SPECIALISTS TO ENTER THE JSA AND FELL THE TREE WITH CHAIN SAWS OR BY DEMOLITION. AT THE SAME TIME TWO "ILLEGAL" NORTH KOREAN ROAD BARRIERS WOULD BE REMOVED BY BULLDOZERS; THE DURATION OF THE OPERATION WOULD BE ABOUT 45 MINUTES. BACK-UP FORCES WOULD INCLUDE THE AUTHORIZED 35 MAN ARMED SECURITY FORCE WITHIN THE IMMEDIATE VICINITY AS WELL AS ONE U.S. INFANTRY COMPANY POSITIONED CLOSE TO THE JSA AND ARMED WITH CLUBS ONLY; WEAPONS WOULD BE IN NEARBY TRUCKS. ALSO ONE ROK INFANTRY COMPANY ARMED WITH ORGANIC WEAPONS WOULD BE POSITIONED NEARBY AND ONE U.S. OR ROK RIFLE COM- PANY ORBITING IN HELOS IN THE VICINITY. ADDITIONALLY, A TANK/INFANTRY BATTALION WOULD BE POSITIONED SOUTH OF THE IMJIM RIVER. ARTILLERY WOULD BE PREPARED TO SUPPORT THE OPERATION IF THE NORTH SHOULD USE WEAPONS. THE MISSION IS TO ACCOMPLISH THE REMOVAL OF THE TREE AND GATES WITHOUT SHOOTING, AND SHOULD THE OTHER SIDE START SHOOTING, THE MISSION BECOMES ONE OF RAPID EXTRACTION OF FORCES FROM CLOSE CONTACT RELYING PRIMARILY ON ARTILLERY COVERING FIRE JCS IS STAFFING THIS PROPOSAL FOR HIGH LEVEL WASHINGON DECISION. NORTH KOREAN ACTION SENSITIVE SOURCES CONFIRM THAT SOME NK AIRCRAFT AND NAVAL UNITS REMAIN ON ALERT STATUS. MEANWHILE NORTH KOREA IS APPARENTLY MAKING DIPLOMATIC APPROACHES ON THE AUGUST 18 INCIDENT TO NUMEROUS FOREIGN GOVERNMENTS. CONTACTS WITH OUR ALLIES IN ADDITION TO JAPAN, AND CANADA, WHICH WERE INFORMED EARLIER, WE INSTRUCTED OUR POSTS TO INFORM OUR NATO ALLIES, AS WELL AS AUSTRALIA, NEW ZEALAND, THAILAND AND THE PHILIPPINES OF THE DEFCON 3 MOVE. A DOD PUBLIC STATEMENT WAS SUBSEQUENTLY ISSUED BRIEFLY NOTING THE INCREASED READ- INESS POSTURE BEING ADOPTED BY US FORCES IN KOREA. SECRET SECRET PAGE 03 STATE 206906 TOSEC 220008 CINCUNC LETTER TO THE SECURITY COUNCIL WE HAVE INSTRUCTED USUN TO DELIVER TO THE SECURITY COUNCIL A LETTER FROM CINCUNC WHICH GIVES A FACTUAL ACCOUNT OF THE PANMUNJOM INCIDENT. CONGRESSIONAL RELATIONS AMB. MCCLOSKEY AND THE H STAFF ARE CONSULTING ON THE HILL INFORMING SELECTED MEMBERS OF DEVELOPMENTS AND EXPLAINING THAT OUR MOVES DO NOT INVOLVE THE WAR POWERS ACT. CON- GRESSIONAL LEADERS IN KANSAS CITY ARE ALSO BEING BRIEFED. AMBASSADOR SNEIDER RETURNS TO SEOUL AMBASSADOR SNEIDER HAS CUT SHORT HIS HOME LEAVE AND WILL BE RETURNING TO KOREA THIS EVENING. WORLD REACTION INTERNATIONAL REACTION TO THE AUGUST 18 INCIDENT HAS THUS FAR BEEN RELATIVELY LIGHT: -- AT THE NON-ALIGNED SUMMIT CONFERENCE IN COLOMBO THE NEWS HAS SPREAD SLOWLY DESPITE THE RELEASE OF US AND SOUTH KOREAN STATEMENTS. AS OF NOON TODAY WASHINGTON TIME, AFP REPORTED MOST DELEGATIONS STILL UNAWARE OF THE INCIDENT. -- AN OFFICIAL CUBAN STATEMENT PUBLISHED AUGUST 19 SAID "ADVENTUROUS AND WARLIKE MANEUVERS OF AMERICAN IMPERIALISM" COULD TRIGGER WAR IN KOREA. THE STATEMENT MADE NO SPECIFIC MENTION OF THE AUGUST 18 CLASH, HOWEVER. -- FRANKFURTER ALLEGEMEINE ZEITUNG AND SUEDDEUTSCHE ZEIT- UNG BOTH STRONGLY DENOUNCED THE NORTH KOREAN "MURDERS". -- JAPANESE PRESS COVERAGE WAS GENERALLY FACTUAL WITH LITTLE COMMENTARY. SECRET SECRET PAGE 04 STATE 206906 TOSEC 220008 -- A JAPANESE FOREIGN MINISTRY SPOKESMAN IN THE ABSENCE OF VICE MINISTER SATO STATED THAT JAPAN IS WATCHING "WITH GREAT CONCERN" THE INCIDENT, WHICH "LOOKED MORE SERIOUS" THAN PREVIOUS DMZ CLASHES. -- A BRITISH FOREIGN OFFICE STATEMENT CONDEMNED THE "BRU- TAL MURDERS" AS AN EXAMPLE OF THE "AGGRESSIVE AND INFLEXI- BLE ATTITUDE" OF NORTH KOREA TOWARD THE REUNIFICATION PROBLEM. UN ACTIVITIES THE UN CORE GROUP THAT IS WORKING ON A UN RESOLUTION AND EXPLANATORY MEMORANDUM FOR THE GENERAL ASSEMBLY DEBATE ON KOREA HAS REACHED A CONSENSUS THAT WE SHOULD GO AHEAD WITHOUT CHANGING THE AGREED TEXTS AND SUBMIT THE DOCUMENTS TOMORROW AS ORIGINALLY PLANNED. GOVERNOR SCRANTON TRANSMITTED BY LETTER LATE AUGUST 19 TO THE UNSC PRESIDENT THE TEXT OF THE SPECIAL UNC REPORT ON THE DMZ INCIDENT. ROBINSON SECRET NNN
References to this document in other cablesReferences in this document to other cables
1976PARIS247181973WARSAW05580
If the reference is ambiguous all possibilities are listed.

Thursday, September 28, 2017

Australian law firm Corrs Chambers Westgarth confirms that Darwin Port will have a Chinese Navy function, is part of China's OBOR plans for Northern Australia

by Ganesh Sahathevan
Map.jpg
This map and accompanying literature has been extracted from the Hong Kong Trade And Development Council  (HKTDC).website.Despite this, HKTDC officials have denied its existence. In addition, ASIO chief Duncan Lewis, and Defense Secretary Dennis Richardson saw no problem with the Darwin Port deal . One recalls that Turnbull probably lied about the Port's military significance in an attempt to justify his decision.

All of this has been denied by Malcolm Turnbull and the Australian Government ,yet openly admitted in writing by  Corrs Chambers Westgarth and its managing partner John Denton: 

Darwin is intended to be a crucial link in China's new 21st Century 
Maritime Silk Road. The recent Darwin Port deal will provide Chinese shipping and naval vessels with facilitated access to Australia, the Indian Ocean and the South Pacific, as well as to Indonesia and PNG over the coming century.



See full article extracted  from the Corrs website below.
END 




GROWING BILATERAL TRADE WITH CHINA 一带一路

international china
21 June 2016
There is an old Chinese proverb that talks to missed opportunities and the ability to make amends: The best time to plant a tree was twenty years ago. The second best time is today.
China’s economic and political ambitions are shifting and Australia may well miss today’s opportunity. As policy has evolved in Beijing, Australia has constantly strived to adapt. But are the existing policy mechanisms sufficient to support China’s latest transition? This may be an oversight we’re struggling to rectify in twenty years’ time. Sowing the seeds begins now.
There are few more important economic relationships for Australia than the one it has with China. It’s a country that’s exploring how to adjust to a services-based economy, how to exert its influence on a world stage and how to shape global trade policies in a way that suits its needs. This comes as Australia evolves, in a complementary direction. While continuing to rely heavily on the export of mineral resources, greater emphasis is now being placed on new service-based export opportunities. These range from technology to financial services, education to agriculture, health and aged care to tourism. Service exports have grown by an average of 3.2% over the last five years and account for almost a fifth of our total exports.
Evolving this portfolio of export-led growth demands a change in thinking, cultivating our relationship with China. If we are to complement each-others’ transformation, then government and business need to address this changing landscape at policy level, ensuring the community is engaged effectively.

MUTUALLY BENEFICIAL

A critical factor will be establishing common reference points rather than relying on gut-instinct or hunches. We know that China’s transformation into a more services-based economy is necessary for sustaining its economic development. As part of the ARC Linkage Project on Chinese Overseas Direct Investment (ODI), Corrs takes a particular interest in the differing Chinese economic reform scenarios. The alternative outcomes that might result will affect Australia as an exporter of goods and services and as an importer of capital.  
While the effects are manageable for the Australian economy, they are matters that are of concern for us and our clients. As our CEO John Denton recently commented: “The number one concern of the C-suite is global geopolitical insecurity. One of the big questions centres on the consequences of the Xi Jinping regime in China. What does it mean for global or economic growth? China is fundamental to that growth and different pathways may emerge.”
While this conversation takes place in the boardroom, it appears to be falling on deaf ears outside it, as Australia drags its feet. This at a time when barriers have never been lower. When the China Australia Free Trade Agreement is fully implemented, 96 per cent of all tariffs in goods will be eliminated. So Australia must invest, trade and create growth. This is an opportunity to create jobs, deliver value and bring economic prosperity to both countries for years to come.

ONCE IN A LIFETIME

In the coming decade, China’s ongoing capital account liberalisation will profoundly alter the global investment landscape. According to World Bank projections, China could account for almost 30 per cent of global investment by the end of the next decade, as its huge and ever-increasing pool of savings looks offshore for broader investment opportunities.
The next stage of China’s development and integration with global financial markets will broaden its trade and investment ties with the rest of the world. Australia must ensure policy settings enhance the opportunity for sustainable Chinese investment. If these settings aren’t in place, investment will flow to those countries where policies are more open.  
Quite simply, China’s transition is a once in a lifetime opportunity. As it negotiates its reform challenges, there will be a greater onus on Australia to collaborate, share business practices and its institutional knowhow. One of these initiatives is our role on the ambitious One Belt One Road (OBOR –一带一路).

ONE BELT ONE ROAD

As our China Business Group Co-Chair Dr Geoff Raby recently commented, many Australians fail to appreciate that Australia is a part of the One Belt One Road.
Since becoming President, Xi has made OBOR central to his vision of China's greater standing and influence in the world. The official Xinhua report on the Malcolm Turnbull/Xi Jinping meeting highlighted Xi's call for the "alignment of China's Belt and Road initiative with Australia's Northern Development Plan". Despite the “noise” over the sale of the Port of Darwin to private investors from China, Xi still went ahead with this giant step forward in the bilateral relationship – putting Australia firmly on the OBOR map is a very big deal. 
According to some estimates, in today’s money, OBOR and the Asian Infrastructure Investment Bank could be more than 12 times larger than the Marshall Plan - America's aid contribution to post-second-world-war Western Europe.
onebeltoneroad en
Australia has a place on the One Belt One Road Strategy (Image Source: Charting the Belt and Road)
In a recent visit to Xinjiang in China's far west, the Corrs China Business Group met with numerous officials who enthusiastically shared their role in the China-Pakistan Economic Corridor (CPEC). This initiative (one of a number of initiatives encompassed by OBOR) is intended to promote connectivity across Pakistan with a network of highways, railways and pipelines accompanied by energy, industrial and other infrastructure development projects to address critical energy shortages needed to boost Pakistan’s economic growth. Eventually, CPEC will also facilitate trade along an overland route that connects China to the Indian Ocean, linking the Chinese city of Kashgar to the Pakistani port of Gwadar.
In a world that is increasingly interconnected and as a trading nation, Australia has a significant role to play in the policy thinking on global maritime economic issues. Australia is working with Chinese officials as they develop the country’s maritime economy strategy. As a maritime trading nation, these strategic issues of vital importance to us, including their political dimensions. Attracting capital to Northern Australia as part of OBOR will be a key focus.  Darwin is intended to be a crucial link in China's new 21st Century Maritime Silk Road. The recent Darwin Port deal will provide Chinese shipping and naval vessels with facilitated access to Australia, the Indian Ocean and the South Pacific, as well as to Indonesia and PNG over the coming century.

PART OF THE FABRIC

Chinese ODI will bring considerable benefits to the Australian community. Many quarters recognise this, indeed, recently the chief executive of the Northern Territory Cattlemen's Association, Tracey Hayes said: "Foreign investment is part of the fabric, it's not new, it's not something to be afraid of and our experience is that it adds to rural economies." While the ABC Vote Compass shows that 80 per cent of Australians want even greater restrictions on foreign investment in agriculture, it does not accord with the reality of Australian agriculture. Yet how many of these survey participants would know that in 2015 Australians acquired Chinese assets worth $10.5 billion? That’s some $2.7 billion more than the value of Australian assets acquired by the Chinese!
As the Northern Territory Chief Minister Adam Giles says: “The Federal Government needs a consistent policy on foreign investment or it risks missing ‘opportunities’ for the country. I want to see a food policy developed for Australia that ensures Australia’s food security and recognises the opportunities that exist to meet emerging demand from Asia's growing middle class." There is no problem in setting rules for foreign investment but they need to be clear.
Indeed, we have previously commented that Australia's agricultural sector is on the verge of a boom. Foreign investment is needed to ensure the industry can meet its full potential. As the Australian economy transitions, there is a need to ensure foreign investors and entrepreneurs bring more funds and expertise. This is particularly so in agriculture. It is estimated $600 billion will be needed to fund capital upgrades to improve farm productivity and foreign investment will go a long way towards bridging that gap. Foreign investment in Australian agriculture provides access to new technologies and grows local skills in agriculture and agribusiness, as well as providing greater links to global food chains.
By international standards, Australia’s total level of FDI is not particularly high with our inflow well behind NZ and the UK. Australia should be under no illusions that it is in a race for capital.  If we are to derive the immense benefits from the Asian Century and make good on the promise to be an innovation nation, then we need to work at being seen to welcome foreign investment in Australian agriculture and promote Australia as an investment destination. Planting the seeds today will reap a rich harvest for years to come.


The content of this publication is for reference purposes only. It is current at the date of publication. This content does not constitute legal advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication.

Australian law firm Corrs Chambers Westgarth manages to offend Xinjiang Muslims and buy into the Gwadar Port controversy, all at once

by Ganesh Sahathevan


John W.H. Denton AO

JOHN W.H. DENTON AO

It is not often that one finds a large law firm making itself the target of so many,so openly , and all at once. Australian law firm Corrs Chambers Westgarth and its managing partner John Denton seemed to have managed just that,advertising the fact that they are playing a central role in bringing Australian investment into Xinjiang, and encouraging Australian Government support of Gwadar:


ONE BELT ONE ROAD

As our China Business Group Co-Chair Dr Geoff Raby recently commented, many Australians fail to appreciate that Australia is a part of the One Belt One Road.
Since becoming President, Xi has made OBOR central to his vision of China's greater standing and influence in the world. The official Xinhua report on the Malcolm Turnbull/Xi Jinping meeting highlighted Xi's call for the "alignment of China's Belt and Road initiative with Australia's Northern Development Plan". Despite the “noise” over the sale of the Port of Darwin to private investors from China, Xi still went ahead with this giant step forward in the bilateral relationship – putting Australia firmly on the OBOR map is a very big deal. 
According to some estimates, in today’s money, OBOR and the Asian Infrastructure Investment Bank could be more than 12 times larger than the Marshall Plan - America's aid contribution to post-second-world-war Western Europe.
onebeltoneroad en
Australia has a place on the One Belt One Road Strategy (Image Source: Charting the Belt and Road)
In a recent visit to Xinjiang in China's far west, the Corrs China Business Group met with numerous officials who enthusiastically shared their role in the China-Pakistan Economic Corridor (CPEC). This initiative (one of a number of initiatives encompassed by OBOR) is intended to promote connectivity across Pakistan with a network of highways, railways and pipelines accompanied by energy, industrial and other infrastructure development projects to address critical energy shortages needed to boost Pakistan’s economic growth. Eventually, CPEC will also facilitate trade along an overland route that connects China to the Indian Ocean, linking the Chinese city of Kashgar to the Pakistani port of Gwadar.
In a world that is increasingly interconnected and as a trading nation, Australia has a significant role to play in the policy thinking on global maritime economic issues. Australia is working with Chinese officials as they develop the country’s maritime economy strategy. As a maritime trading nation, these strategic issues of vital importance to us, including their political dimensions. Attracting capital to Northern Australia as part of OBOR will be a key focus.  Darwin is intended to be a crucial link in China's new 21st Century Maritime Silk Road. The recent Darwin Port deal will provide Chinese shipping and naval vessels with facilitated access to Australia, the Indian Ocean and the South Pacific, as well as to Indonesia and PNG over the coming century.

END 

Wednesday, September 27, 2017

Australia's Ambassador to the Netherlands Brett Mason compromised ;ought to be recalled

by Ganesh Sahathevam







Ambassador to the NetherlandsThe Hon Dr Brett Mason

Standing in the middle of the photograph below is the current Australian  Ambassador to the NetherlandsThe Hon Dr Brett Mason. who was then, with George Brandis, a senator representing Queensland. Like Brandis, Mason also has maintained a stony silence with regards this photograph, and any dealings with Rahim Ghouse, a close business associate of the AL-Qaeda financier ,Yassin Al-Kadi, who was an UN and US  specially designated 
global terrorist when the photo was taken.
As reported by the ABC's Background Briefing, Ghouse and his


Ghouse now spends most of his time in Malaysia,while Zulfikar remains under detention in Singapore for supporting ISIS.
All this leaves Mason compromised,and he really ought to be recalled.Then, unless Brandis and he can provide a full explanation 
for the matters raised above, he ought to be retired.The same goes
for Brandis.

Image may contain: 5 people, people smiling, people standing



END


References

Friday, September 22, 2017


Zulfikar Shariff's detention under Singapore's Internal Secuirty Act makes Geroge Brandis vulnerable to blackmail, "moral suasion", and a range of other coercive methods

by Ganesh Sahathevan

Attorney-General George Brandis.






The detention of Zulfikar Shariff of Melbourne, by the Singapore Government under its Internal Security Act provisions, is likely to have provided the Singaporeans and their partners information on a number of Australian politicians, in particular the Attorney General George Brandis.


The Singaporeans would by now have obtained enough out of Zulfikar to determine how, and why he was allowed to freely and openly operate out of Melbourne, Victoria ,from where " he planned to hold training programmes to persuade young Singaporeans to join his extremist agenda of replacing Singapore's secular, democratic system with an Islamic state, by violence if necessary."


Zulfikar made no secret of his plans, often posting on Facebook messages such as these:





Zulfikar's postings contributed to the radicalisation of at least two other Singaporeans.
It was not as Zulfikar was an unknown.He did arrive in Australia in 2002 under a cloud, accused by none other than Singapore PM Lee Hsien Loong of promoting Al Qaeda and its objectives in Singapore. Once here, as is now well known, he assumed a very high profile within the Muslim community,acting as the second in charge to Dr Abdul Rahim Ghouse, business associate of the Al-Qaeda financier Sheik Yassin Al-Kadi.
Brandis continues to maintain his silence, in Australia , about his dealings with Rahim Ghouse and Anwar Ibrahim, the former deputy prime minister of Malaysia.It is more likely than not that under questioning,Zulfikar has already provided the Singaporeans answers to those questions. That makes our Attorney General and potential High Commissioner to the UK vulnerable to blackmail, "moral suasion", and a range of  other coercive methods .
END 





Saturday, August 19, 2017


by Ganesh Sahathevan

The fact that Anwar Ibrahim, a hero to some, is also in the picture should not provide any solace, given that Anwar's International Institute Of Islamic Thought was being at and around the time the photograph was taken being investigated in the United States for financing terrorism.



George Brandis QC, AG, needs to stand aside while the matter of his personal finances and funding obtained for political purposes is properly investigated.




Monday, September 25, 2017

Delloite and KPMG's 1MDB secrets in the hands of hackers

by Ganesh Sahathevan
Inline image 1Inline image 2

The Guardian has reported:

One of the world’s “big four” accountancy firms has been targeted by a sophisticated hack that compromised the confidential emails and plans of some of its blue-chip clients, the Guardian can reveal.

Deloitte, which is registered in London and has its global headquarters in New York, was the victim of a cybersecurity attack that went unnoticed for months.
One of the largest private firms in the US, which reported a record $37bn (£27.3bn) revenue last year, Deloitte provides auditing, tax consultancy and high-end cybersecurity advice to some of the world’s biggest banks, multinational companies, media enterprises, pharmaceutical firms and government agencies.
The Guardian understands Deloitte clients across all of these sectors had material in the company email system that was breached. The companies include household names as well as US government departments.

Delloite's other clients include Malaysia's !MDB.All that the firm learnt of 1MDB's world record breaking theft  is probably now in the hands of the hackers, ready to be deployed at will.
END 

References

 

Looks  like Deloitte will join KPMG:


DOJ info would have impacted audit, Deloitte says

     37 comments     Published Today 11:57 am     Updated Today 12:57 pm

    Deloitte Malaysia said its audit of 1MDB in 2013 and 2014 would have been impacted if it had known at that time the information contained in the United States Department of Justice's (DOJ) lawsuits to seize 1MDB-linked assets.
    As such, 1MDB's 2013 and 2014 financial statements, which the auditing firm signed off on March 28, 2014 and Nov 5, 2014, "should no longer be relied upon", it said in a statement.
    "The complaint (filed by DOJ) contains information, which, if known at the time of the 2013 and 2014 audits of 1MDB, would have impacted the financial statements and affected the audit reports and, accordingly, those audit reports issued by Deloitte Malaysia dated March 28, 2014 and Nov 5, 2014 respectively in connection with the 2013 and 2014 financial statements of 1MDB should no longer be relied upon," Deloitte said in a statement.
    This comes after 1MDB announced that Deloitte is quitting as 1MDB's auditor, making it the third audit firm to part ways with 1MDB since its inception in 2009.
    Deloitte notified 1MDB of its intention to quit in February, the state investment said in a statement yesterday.
    Deloitte remains 1MDB auditor until a replacement is appointed, 1MDB said.
    1MDB's accounts from 2010 to 2012 were audited by KPMG, but the firm's services were terminated in December 2013.
    According to the Public Accounts Committee report on 1MDB, KPMG was fired after it refused to sign off on the accounts without details of investments worth US$2.32 billion.
    KPMG signed off on the accounts after Abu Dhabi's International Petroleum Investment Compny guaranteed an investment, the PAC report said.
    The Wall Street Journal reported another audit firm Ernst & Young was fired in 2010 for raising similar questions.
    The DOJ is seeking to seize more than US$1 billion of assets it said were purchased using funds siphoned from 1MDB.
    The 1MDB board yesterday said it is confident of no wrongdoing.
    However, it is taking precautionary measures by discounting its 2013 and 2014 financial statements until the DOJ lawsuits have been dealt with in court.