Malaysia drops criminal charges against Goldman Sachs over looting of state fund after Wall Street bank coughs up BILLIONS

Goldman Sachs will not face criminal charges over its alleged role in the theft of billions of dollars from Malaysia’s government investment fund, 1MDB, after the Wall Street bank agreed to pay $4 billion in compensation.

The bank and its units were acquitted of all charges filed by Malaysia, High Court judge Mohamed Zaini Mazlan announced on Friday, as cited by state media.

The charges were dropped after the two sides reached a settlement deal following lengthy talks last month. Under the terms of the agreement, which allows the Wall Street bank to move on from one of the worst scandals in its history, Goldman Sachs agreed to a $2.5 billion cash payment to Malaysia and a guarantee to return at least $1.4 billion in assets acquired with misappropriated funds from sovereign wealth fund 1Malaysia Development Berhad (1MDB). Last week, the bank made the promised $2.5 billion payment.

The fund was set up in 2009 by Najib Razak, the then-prime minister, who was sentenced to 12 years in jail after being convicted on all charges related to 1MDB. Goldman Sachs was the main banker for the fund and helped it to raise $6.5 billion through bond sales. However, much of the funds were misappropriated during the process by government officials and two Goldman bankers, while the bank was accused of covering up the looting of the nation’s state fund.

The money siphoned off from state coffers was used to buy everything from artwork and jewelry to real estate and a superyacht.

The latest development in the 1MDB case in Malaysia does not free Goldman Sachs from prosecution linked to the 1MDB saga in other countries. It is currently in talks to secure a deal with the US Department of Justice. It was earlier reported that the bank is going to pay a multibillion-dollar fine and plead guilty to violating US bribery laws under the possible settlement.

https://www.rt.com/business/499849-malaysia-drops-charges-goldman/

Scott Morrison’s Hillsong mate Leigh Coleman who has allegations of fraud and bribery against him given $42 million in government grants

Leigh Coleman who is a former Hillsong Church executive and close friend of Prime Minister Scott Morrison has had numerous allegations of fraud made against him over the last 15 years including attempted bribery yet his company ServeGate Australia has still managed to be awarded $43 million in government contracts since 2015.

During the same period that ServeGate Australia was being awarded the $43 million in contracts due to the “strong business relations with decision-makers at very high levels including Ministers” as their website says, Scott Morrison was appointed Treasurer in September 2015 and became Prime Minister in August 2018. So was Scott Morrison involved in any way?

ServeGate Australia is now a registered tax-free charity and its operations are suspicious to say the least where they don’t seem to do much work except take a percentage off the top and then sub-contract the real work out to other companies. This has been exposed in an article in The Guardian but we’ll get back to that in a minute because we should look at Leigh Coleman’s past handiwork first of fraud and bribery allegations when he was at Hillsong Church and an organisation called Many Rivers which is also a registered tax-free charity.

Leigh Coleman’s fraud and theft from Aboriginies while working at Hillsong Church

In 2005 allegations were made that Leigh Armstrong and Hillsong Church tried a swifty to rip off the Riverstone Aboriginal Community Association but when caught out they tried to bribe them to keep quiet. The SMH reported:

THE Hillsong Church has denied it used an Aboriginal community to secure a federal grant and then tried to bribe the community to keep silent.

A Labor MP, Ian West, told the NSW Parliament last month the church’s charitable arm, Hillsong Emerge, “misused” the Riverstone Aboriginal Community Association to apply for a $415,000 crime-prevention grant from the Federal Government.

Mr West said Hillsong used the community “to get taxpayers’ money for its own purposes” and then “lamely tried to dole out some of the money in return for their co-option”.

“Taxpayer funding which is needed for local disadvantaged communities is now being channelled directly into Hillsong’s bank accounts,” he said.

Mr West said Hillsong plagiarised funding proposals which were supposed to be made as part of a joint application with the Riverstone association.

In August, the Prime Minister, John Howard, announced the grant to Hillsong but did not mention the involvement of Riverstone or any other partners.

The head of Hillsong, Leigh Coleman, later wrote to the community offering to give it $280,000 from the grant.

Mr West said this was an attempt “to pay off the Riverstone Aboriginal Community Association in return for its silence”.

Last week he told Parliament he had since been branded a “liar” during Hillsong services. (Click here to read more)

Mr West being “branded a “liar” during Hillsong services” suggests Brian Houston was involved at least to some degree.

In 2006 Leigh Coleman’s operation at Hillsong Emerge – the evangelical group’s former benevolent arm – had its funding discontinued after revelations the vast majority of taxpayer dollars went to employing staff. (Click here to read more)

https://kangaroocourtofaustralia.com/2020/09/05/scott-morrisons-hillsong-mate-leigh-coleman-who-has-allegations-of-fraud-and-bribery-against-him-given-42-million-in-government-grants/

"I Won't Be Ruled by a Pedo & His Mates"

BLM Storms Stage at #WalkAway Rally in Dallas, Punches Security Guard, Gets Smashed in the Face — Police Arrest Security Guard

Brandon Straka and his #WalkAway movement held a rally in Dallas, Texas today. During the rally the local Black Lives Matter mob stormed the stage. The young BLM Democrat then put his fist in the security guard’s face when he was forcibly removed from the stage area.

The entire event was caught on video.

That’s when the black security guard leveled the BLM terrorist and tossed him away from the area.

Police came and arrested the #WalkAway security guard.

WTH?

That young man may think twice next time before he attacks a security guard.

https://www.thegatewaypundit.com/2020/09/breaking-blm-storms-stage-walkaway-rally-dallas-punches-security-guard-gets-smashed-face-police-arrest-security-guard/

New York AG Opens Grand Jury Investigation Into Killiing Of Daniel Prude

One day after the mayor of Rochester suspended 7 officers involved in the death of Daniel Prude, who died 7 days after an encounter with police, who used a 'spit hood' as part of their efforts to restrain Prude - who was suffering what was by all accounts a psychological episode possibly exaggerated by his drug use (the medical examiner confirmed he was intoxicated by PCP at the time of the incident) - New York AG Letitia James has launched a grand jury investigation into the incident.

That means that criminal charges will likely be handed down against at least some of the seven officers, whom the union has defended by saying they were just following protocol.

"The Prude family and the Rochester community have been through great pain and anguish," James said in a statement. She said the grand jury would be part of an “exhaustive investigation" into what happened that night.

Prude's brother called the police after his brother started acting erratically by taking off his clothes and running around naked in the street. However, Prude's brother has told the press that the police department tried to paint his brother's death as a drug overdose, and that his brother was effectively "lynched" by the officers responding.

https://www.zerohedge.com/political/new-york-ag-opens-grand-jury-investigation-killiing-daniel-prude

Sacha Stone - Message to all Australians

Shadow Gate - Do Drag Queens Or Rothschild Run The Show?