KUALA LUMPUR – April 1, 2016: CIMB group chairman Datuk Seri Nazir Razak has been accused of being a hypocrite after admitting that he was involved in distributing money from political donations to Barisan Nasional’s machineries in the run up to the 13th General Election in 2013.
Nazir, who is the younger brother of Prime Minister Datuk Seri Najib Razak, via an Instagram post said he understood the furore over the matter and wished that he had not helped distribute RM27 million (US$7 million).
“I assumed and believed, in good faith that the funds came from legit political funding. Entire amount was distributed, not a sen was retained by me,” he wrote.
He added that the money was disbursed by CIMB bank staff to BN politicians according to the instructions of party leaders.
He maintained that the money came from donations raised from Malaysian corporations and individuals.
Nazir’s “confession”, however, did not go down well, with many turning to chastise him in cyberspace.
They accused Nazir of being a “hypocrite” as he had been vocal in criticising the handling of 1Malaysia Development Berhad and the alleged financial mismanagement and corruption related to the company.
“Another hypocrite from the family, bunch of shameless people,” was the saucy response from Facebooker Jim Tan.
“Why only now you revealed this?” queried Yeoh Tuck Cheong, “You have been so critical and vocal of 1MDB and you yourself have confirmed receiving US$ 7 million (RM27 million). What the hell is happening?”
“Told you guys. This one ‘tak boleh pakai’ (undependable),” wrote Ong Phaik Kim, “All of them are a family of crooks! It’s time they go away for eternity.”
“Well this shows that just because he is being vocal about corruption, that doesn’t mean he is not corrupt,” commented Mohamad Hafizul adding that just because Nazir had confessed that does not mean he is not a corrupt person.
“Doesn’t matter whether its RM7 million or RM1, corrupt is corrupt,” he wrote.
“Wow! Another respectable critic, even brother, can be easily turned over…hahaha it’s the ‘gene’ that count,” was the sarcastic response from Tuck Ham Wong.
“From day one I have already said do not think this Nazir an angel. When will people start to that almost every idiots are involved in the matter,” wrote Denzel Loo.
Some even pointed out that it was simply “outrageously ridiculous” for Nazir to say that he did not know the source of the funds.
“I am speechless when he said he ‘believed’ the money was from donation,” wrote Christine Chan, “As a banker, didn’t he know that he should seek clarification from the payer.”
“How can the then CEO of CIMB Bank not know the source of the fund,” wrote CBen Bryn.
He added that if Nazir was unsure of the source of the fund, then according to the Anti-Money Laundering Act, he should have reported the matter as a suspicious transaction.
Nonetheless, there were also those who defended Nazir and deemed that it was “brave and transparent” of him to come clean.
“Nazir decided to walk the talk. Come clean and he won’t be cursed, ridicule, spat at, looking bad in the eyes of the CIMB group and staffs,” wrote Nadiah Leong.
“Maybe Nazir, is showing a good example for big brother (Najib) to follow,” she added.
“At least he is man enough to say he received it. What happened to the rest of the minister? Most of them are keeping quiet about this matter,” Selvan Palaniyandi pointed out.
“Hello. Please open your eyes. Nazir is being very transparent, he is one of the few good men. Don’t blindly criticise,” wrote Karen Lee Huey Shyan.