Is there any truth to a posting made on the Internet about AmBank, its murdered founder Hussain Ahmad and money being deposited in an account under the name 'CheatKor'?
Narinder Singh
KUALA LUMPUR: A mysterious link has been made by a blogger between the 2013 murder case of AmBank founder Hussain Ahmad Najadi and an amount of US$620 million transferred to an account in AmBank in the same year.
The posting can be found on 'Singapore Hardware Zone.com'.
The post that has detailed the chronology of events up to the murder of Hussain on July 29, 2013, mentions that US$620 million was first deposited into an account under the name of 'CheatKor' in AmBank on March 21, 2013.
The next day on March 22, the AmBank founder Hussain had apparently made a report to Bank Negara that a significant amount of money was deposited into 'CheatKor's' personal account.
Following that another deposit of US$60 million was made to the same account on March 25 and the very next day Hussain was said to have once again made a report to Bank Negara.
The post then briefly mentions that that the May 5, 2013 general election was held in Malaysia and that every month AmBank had made reports to Bank Negara that a significant amount of money was being withdrawn from the 'CheatKor' account.
It made further claims that since Bank Negara failed to take any action on its reports, Hussain went on to file a police report on July 28.
The very next day, July 29, Hussain was shot dead in a carpark, said the posting.
It also said that all accounts under the name of 'CheatKor' were closed on Aug 30 the same year and the money was transferred overseas, while in September all IT department heads in AmBank were sacked and replaced.
Nevertheless, the post never made clear who this 'CheatKor' is or if there is any evidence to prove all the allegations made on the post.
The only statement that can be positively verified is the fact that AmBank founder Hussain was shot dead at a carpark in Kuala Lumpur on July 29, 2013.
The murderer, a tow truck driver, was sentenced to death in September 2014.
Other issues mentioned in the posting could be mere rumours or speculations that have been linked to the current controversies involving Prime Minister Najib Razak and 1Malaysia Development Berhad (1MDB).
Last Friday, international news agency Wall Street Journal had made public that they have documented evidence to their knowledge that money worth US$680 million transferred to the personal accounts of Najib in AmBank.
Najib has denied using any funds related to the controversial 1MDB for personal use and is even mulling legal action against WSJ.
The link to the post can be accessed here
Source: http://www.beritadaily.com/news/2015-07-07/16776/cheatkor-ambank-founder-link-to-wsj-expose-any-truth
