Wealth amassed through secret bank accounts – Patriot

[superadmin]

PATRIOT registers its grave concern over the finance minister’s recent statement in Parliament with regard to the opening of offshore banking accounts that demands a thorough investigation in response to the allegations that have surfaced with the publishing of the Pandora Papers where several Malaysian VIP figures are implicated.

Datuk Seri Tengku Zafrul Tengku Abdul Aziz raises more than eyebrows over his declaration that there is nothing wrong for individuals to hold secret bank accounts outside our shores.

The fact that he is also one of the alleged individuals reported to be storing his wealth in offshore accounts raises a serious element of conflict of interest.

As an illustrious personality in the banking circuits prior to his appointment as the finance minister by the deposed prime minister Tan Sri Muhyiddin Yassin, he would have been the best person to give a more ethically reassuring response to the expose in the Pandora Papers.

A man who had the silver-spoon opportunity to start his academic life pursuing his A-Levels overseas and completing his string of qualifications in the United Kingdom and Beijing, Tengku Zafrul could have been more sensitive to public perception over the breaking news on the Pandora Papers, which governments around the world have summoned for immediate investigations.


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