Friday, March 11, 2011

Taib Mahmud's Son Mahmud Abu Bekir Taib Faces US$ 132 Million Divorce Suit

Friday, 11th March 2010

A Friend to Bukittunggal, A Penan Said "Wrath From God".

Mahmud Abu Bekir Taib ("Abu Bekir"), the 48-year old son of Abdul Taib Mahmud ("Taib"), Chief Minister of the Malaysian state of Sarawak on Borneo, is facing a divorce application by his estranged wife that involves a claim of 400 million Malaysian ringgits (US$ 132 million).

The case was filed at the Kuala Lumpur Syariah High Court last month and made public yesterday by Malaysia's The Star newspaper and the online news service Malaysiak! ini.
According to Malaysian media reports, Abu Bekir's wife, Shahnaz A Majid, is seeking MYR 300 million (US$ 99 million) of assets which the couple had amassed together since 1991 as well as MYR 100 million (US$ 33 million) in compensation.
She also claimed that Abu Bekir had caused her physical and mental torture.
The couple owns thousands of hectares of land in Sarawak, shares in 15 different companies and seven luxury cars, including Lamborghini, Ferrari, Bentley and Maserati marques.
Abu Bekir is a key figure in Taib's global network of corruption and money-laundering. He is a founding director of the Canadian Sakto Development Corporation with headquarters in Ottawa, a shareholder of the California-based Sakti International corporation and a shareholder of the Australian Sitehost Pty Ltd, which runs the Hilton hotel in Adelaide

Mahmud Abu Bekir Taib with his second wife, a Russian widow, at a wedding bash in Sarawak

Abu Bekir is also a major shareholder and Deputy Group chairman of Cahya Mata Sarawak (CMS), the flagship of the Taib family business empire.
CMS has massively benefited from public contracts handed out by the Sarawak state government without an open tender, such as construction contracts for the controversial Bakun megadam.
CMS has also been given a 15-year contract for the maintenance of all public roads in Sarawak.
The Swiss Bruno Manser Fund (BMF) is currently leading a global campaign against the Taib family's blatant corruption and their role in the destruction of the Borneo rainforest.
BMF is asking governments worldwide to freeze Taib assets in order to restitute them to the people of Sarawak in the upcoming post-Taib era.

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