Razak is on trial for the One Malaysia Development Board corruption that stole billions through corruption. He was getting payments from then Saudi Finance Minister Faisal al Turki. He had previously been the head of Saudi Intelligence before taking over the Kingdom’s money!
Because in 2010, the Prince used Tony Blair to help form a lucrative partnership with his brothers company PetroSaudi & the Chinese.
Tony Blair: the former PM for hireEmails show oil firm questioned complex structure of Blair’s company, and reveal his closeness to Chinese leadershiphttps://www.theguardian.com/politics/2016/apr/28/petrosaudi-tony-blair-emails-oil-company-chinese
The middleman? Nawaf Obaid, one of the bankers who set up #1MDB & worked for the Prince!
Tony Blair & the Prince were going to use their contacts to grease the skids for business deals in Africa & China for fun & profit! They even had a former Goldman Sachs executive on the PetroSaudi team!
The DOJ is currently negotiating with Goldman Sachs with prosecutors recommending that the banking firm must plead guilty for crimes related to funding of #1MDB
Looks like the kind of arrangement you would want to move money through different entities to make it hard to track. Using one name to work for businesses & the other to work with government agencies.
The Saudi’s worried about the financial structure of Tony Blair’s businesses. But Varun Chandra, a former Lehman Brothers banker and director of TBA sold them on it. The Saudis went along because Blair was getting Chinese senior leaders to warm up to PetroSaudi.
Of course at the same time, Blair was establishing a partnership between Peking University & his Faith Foundation! I’m sure that is all on the up and up just like his friend Bill Clinton’s foundation!
All while Blair was lobbying the Chinese, getting partners for his Foundation, & running the Middle East Peace Process that failed. Fortunately, the Saudi leadership eventually shifted in another direction!
The power shift in Saudi Arabia lead to Crown Prince Mohammed bin Salman assuming power & cracking down on corruption.
Saudi Arabia Says 200 Detained in Anti-Corruption Crackdown (Published 2017)An official says the arrests were based on three years of investigations, which found that $100 billion in state funds had been lost to corruption.https://www.nytimes.com/2017/11/09/world/middleeast/saudi-arabia-corruption-arrests.html
Princes over the years have allegedly stolen at least $100B dollars from the kingdom through corruption & embezzlement. Approximately 200 were detained in a November 2017 crackdown on the corruption.
This was based on an investigation starting in 2014, the same time a lot of the global money laundering cases were started by the FBI under James Comey.
President Trump even took to Twitter to support the corruption crackdown!
Among those arrested in the crackdown? Prince Faisal al Turki’s brother, who was the founder of PetroSaudi the company Tony Blair was lobbying China for…
Beyond full circle maybe, Turki’s middle man Obaid may be one of John Brennan’s lackeys.