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Sunday, March 18, 2012

Investigating Judges Named in Malaysia Submarine Graft Case

[Scorpene class submarine]Two magistrates have been nominated in Paris to investigate the politically explosive 2002 purchase of Scorpene submarines by the Malaysian Ministry of Defense when Najib Tun Razak was Defense Minister.

The case focuses on a 1.2 billion euro contract called a “programme soumalais” with the state-owned French defense giant DCNS, formerly known as DCN, which was later transferred to Armaris, a joint venture between DCNS and the French company Thales.

In questioning in the Malaysian Parliament, it transpired that a €114 million(US$150 million at current exchange rates) commission had been paid to a newly-minted company called Perimekar Sdn Bhd, nominally owned by the wife of one of Najib’s best friends, Abdul Razak Baginda, then the head of a Malaysian consulting company.

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