This is from Malaysiakini here:
Top banker claims WSJ fell for 'fraud' bank docs
by Nigel Aw
Updated Jul 08, 2015 5:42pm
CIMB Islamic Bank chief executive officer Badlisyah Abdul Ghani has accused The Wall Street Journal of falling for false documents with regard to its report claiming that RM2.6 billion worth of 1MDB-linked funds were deposited into AmBank accounts belonging to Prime Minister Najib Abdul Razak.
However, a check by Malaysiakini revealed that he could have missed the mark.
Badlisyah had based his claim on an analysis of the 'Swift' message documents released by The Wall Street Journal (WSJ) yesterday.
"Fraud using Swift message is real and it is shocking that WSJ fell for it.
"And it is even more unfortunate that some Malaysians also fell for it by relying on WSJ's good reputation," Badlisyah said in a Facebook comment.
He zoomed in on two transactions, involving US$619,999,988 and US$60,999,988, said to be from Tanore Finance through Wells Fargo Bank to accounts allegedly controlled by Najib.
He took issue with what he claimed to be discrepancy in the sender's address as well as the Swift Code of the bank in which the funds were sent from.
He pointed out the document listed the bank's address as "375 Park Avenue, NY 4080, New York, NY" but the "real address" of the particular Wells Fargo bank branch is "375 Park Avenue, 10th floor, New York, NY 10152".
"Please note postcode is very different - 10152 vs 4080.
"This is typically one way how one could check the authenticity of a Swift message.
The tell tale sign includes wrong name of banks and/or wrong address.
"Fraudsters will always make at minimum a slightly different name or address so that people would miss it upon first scrutiny," he said.
'Discrepancy in Swift Code'
Furthermore, Badlisyah said, the Swift Code for the particular Wells Fargo Bank branch is "PNBPUS3NNYC" but the document released by WSJ stated it as "PNBUS3NANYC".
"The best and most straightforward way to check whether a Swift document is authentic is to check the Swift Code of the bank used in the document.
"If it is wrong then the whole thing is a fraud. This can also be done online, through the relevant official website.
"The Swift Code PNBPUS3NANYC belongs to Alfa-Bank Moscow. This is not just a tell tale sign the document is an absolute hoax but a very firm confirmation that the document is a hoax or a fraud.
"How could WSJ miss this factual error?" he said in the Facebook posting.
Malaysiakini has scrutinised Badlisyah's claim and found no discrepancy in the address' postcode.
Both "4080" and "10152" are part of the Bank's address and is listed as follows: "375 Park Avenue NY 4080. New York, NY 10152".
This was confirmed by two Swift Code databases (photo), bank-codes.com and swift.com,which list the address as "375 Park Avenue, NY 4080" followed by postal code as "New York, NY 10152".
Furthermore, Malaysiakini also found that Badlisyah had erroneously attributed the Swift Code PNBPUS3NANYC as belonging to Alfa-Bank Moscow.
Alfa-Bank on its official website lists its Swift Code as ALFARUMM and this is also confirmed by databases such as swift-code.com
My comments : So the CEO of a bank here thought he had caught out the Wall Street Journal. It looks like a reporter writing for Malaysiakini has caught out the Bank CEO.
Here is something a friend of mine sent me about Swift codes :
Maybe Badlisyah should check out the Swift codes.
This whole damn thing is a product of a systemic breakdown in our education system, the product of a really inadequate corporate fraternity, a non existent value system among our entire 'establishment crowd' (except maybe Nazir Razak and gang).
It is really presumptious to think that the Wall Street Journal would be conned by a wrong address or an altered Swift code.
I will also be commenting on that statement by Hafarizam Wan later. Also amateurish.
Top banker claims WSJ fell for 'fraud' bank docs
by Nigel Aw
Updated Jul 08, 2015 5:42pm
CIMB Islamic Bank chief executive officer Badlisyah Abdul Ghani has accused The Wall Street Journal of falling for false documents with regard to its report claiming that RM2.6 billion worth of 1MDB-linked funds were deposited into AmBank accounts belonging to Prime Minister Najib Abdul Razak.
However, a check by Malaysiakini revealed that he could have missed the mark.
Badlisyah had based his claim on an analysis of the 'Swift' message documents released by The Wall Street Journal (WSJ) yesterday.
"Fraud using Swift message is real and it is shocking that WSJ fell for it.
"And it is even more unfortunate that some Malaysians also fell for it by relying on WSJ's good reputation," Badlisyah said in a Facebook comment.
He zoomed in on two transactions, involving US$619,999,988 and US$60,999,988, said to be from Tanore Finance through Wells Fargo Bank to accounts allegedly controlled by Najib.
He took issue with what he claimed to be discrepancy in the sender's address as well as the Swift Code of the bank in which the funds were sent from.
He pointed out the document listed the bank's address as "375 Park Avenue, NY 4080, New York, NY" but the "real address" of the particular Wells Fargo bank branch is "375 Park Avenue, 10th floor, New York, NY 10152".
"Please note postcode is very different - 10152 vs 4080.
"This is typically one way how one could check the authenticity of a Swift message.
The tell tale sign includes wrong name of banks and/or wrong address.
"Fraudsters will always make at minimum a slightly different name or address so that people would miss it upon first scrutiny," he said.
'Discrepancy in Swift Code'
Furthermore, Badlisyah said, the Swift Code for the particular Wells Fargo Bank branch is "PNBPUS3NNYC" but the document released by WSJ stated it as "PNBUS3NANYC".
"The best and most straightforward way to check whether a Swift document is authentic is to check the Swift Code of the bank used in the document.
"If it is wrong then the whole thing is a fraud. This can also be done online, through the relevant official website.
"The Swift Code PNBPUS3NANYC belongs to Alfa-Bank Moscow. This is not just a tell tale sign the document is an absolute hoax but a very firm confirmation that the document is a hoax or a fraud.
"How could WSJ miss this factual error?" he said in the Facebook posting.
Malaysiakini has scrutinised Badlisyah's claim and found no discrepancy in the address' postcode.
Both "4080" and "10152" are part of the Bank's address and is listed as follows: "375 Park Avenue NY 4080. New York, NY 10152".
This was confirmed by two Swift Code databases (photo), bank-codes.com and swift.com,which list the address as "375 Park Avenue, NY 4080" followed by postal code as "New York, NY 10152".
Furthermore, Malaysiakini also found that Badlisyah had erroneously attributed the Swift Code PNBPUS3NANYC as belonging to Alfa-Bank Moscow.
Alfa-Bank on its official website lists its Swift Code as ALFARUMM and this is also confirmed by databases such as swift-code.com
My comments : So the CEO of a bank here thought he had caught out the Wall Street Journal. It looks like a reporter writing for Malaysiakini has caught out the Bank CEO.
Here is something a friend of mine sent me about Swift codes :
This guy (referring someone else) is just creating confusion.Swift codes are written as such:
AAAA BB CC DDD
AAAA refers to the bank
BB refers to the country
CC refers to location
DDD is the branch code. DDD is optional. I usually just put XXX when i do transfer.
When i transfer to my maybank acc, i just use MBBE MY KL XXX
So even the KL can change...
All that matters is that for wells fargo, it is
PNBP US
The rest can change...u check all this on www.swift-code.com
Maybe Badlisyah should check out the Swift codes.
This whole damn thing is a product of a systemic breakdown in our education system, the product of a really inadequate corporate fraternity, a non existent value system among our entire 'establishment crowd' (except maybe Nazir Razak and gang).
It is really presumptious to think that the Wall Street Journal would be conned by a wrong address or an altered Swift code.
I will also be commenting on that statement by Hafarizam Wan later. Also amateurish.
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