Friday, July 22, 2016

Follow the Money: 'The Wolf of Wall Street' Corruption Timeline


Riza Aziz, Leonardo DiCaprio and Jho Low
Rob Kim/Taylor Hill/Getty Images/Jun Sato/WireImage

How the meeting of two well connected Malaysian teenagers in the U.K. ignited an international money-laundering scandal that swept into Hollywood, sucked in its hottest star and led to the biggest Department of Justice asset seizure in history.

Since the Department of Justice filed the biggest forfeiture complaint in U.S. history on Wednesday, much of the film industry and beyond has come to understand how Leonardo DiCaprio and his hit 2013 biographical comedyThe Wolf of Wall Street have become engulfed in a major embezzlement scandal alleged to involve billions of dollars.
But few might appreciate that the whole story started almost two decades earlier, back when a baby-faced DiCaprio was still basking in the post-Titanic "Leo-Mania" limelight and two Malaysian teenagers were sent to boarding school in the U.K.
Here's THR's look at the chronology of corruption.
1998 
A 17-year-old Jho Taek Low (now 35), otherwise known as Jho Low and the third child of Malaysian businessman Larry Low, is sent to the private school of Harrow in the U.K. to study for his A-levels (the U.K. equivalent of the SAT). It is here where he meets Riza Aziz, the stepson of rising Malaysian politician Najib Razak. Aziz, according to Low, was studying at “a nearby school.”
2000
Low leaves Harrow and heads to the venerable Wharton Business School at the University of Pennsylvania, from which he would graduate in 2005 with a BSc Economics, majoring in finance.
2008
After graduating from the London School of Economics in 2000, Aziz is reported to have worked at KMPG and then at HSBC’s London base from 2005 as a low-level banker. But the financial crash of 2007-2008 sees him leave the company.
April 3, 2009
Having become deputy prime minister in 2004, Razak is sworn in as Malaysian prime minister following the resignation of Abdullah Badawi, who had seen his government lose its two-thirds majority in the 2008 general election.
April 8, 2009
Low is appointed official advisor to the Terengganu Investment Authority (TIA), a sovereign wealth fund established to manage the oil revenue from the Malaysian state of Terengganu. The Justice Department alleges that he had actually been involved in establishing the fund earlier in the year, with the assistance of Goldman Sachs.
July 2009
Prime minister Razak transforms the TIA into a federal entity, in September changing its name to 1MDB, the 1Malaysia Development Berhad. Its mission is to create “sustainable economic development by forging strategic global partnerships and promoting foreign direct investment.”
August 2009
Low reportedly hires Microsoft co-founder Paul Allen’s super-yacht, Tatoosh, and invites Razak, his wife (and Aziz’s mother) Rosmah Mansor and Prince Turki and Tarek Obaid, two Saudi royals who had set up U.K.-based business PetroSaudi International (PSI), for a meeting in St. Tropez. The French Riviera would become a regular backdrop for the scandal.
September 2009
1MDB and PSI form a joint venture whose stated purpose was to look at energy rights in Turkmenistan and Argentina. 1MDB pours $1 billion of public Malaysian money into the venture, however $700 million is immediately siphoned off as a “loan repayment” into an account held by shell company called Good Star Ltd., based in the Seychelles and controlled by Low. At the time, Low has no official position with 1MDB or PSI.
The same month and now flush with money, Low hits the U.S. club scene. The New York Postdescribes him as an “international man of mystery” after he racks up a $160,000 bar bill at nightspot Avenue during September’s New York Fashion Week. In October, he reportedly turns up at Lindsay Lohan’s 23rd birthday, sending 23 bottles of Cristal champagne to the actress at the 1OAK club in Las Vegas, a city where a month later he’d throw himself a lavish birthday bash. He’d top this with a notorious party in Vegas in 2012, a secretive event that featured a firework-strewn performance by Britney Spears, dwarf oompa loompas and celebrity guests including Kanye West, Jamie Foxx, Paris Hilton and Leonardo DiCaprio. By 2012, however, DiCaprio was already a regular fixture at Low’s side.
Early 2010
Low starts enhancing his property portfolio with luxury real estate in New York and California. Among his first purchases are a $24 million apartment in the Park Laurel condominiums in Manhattan and a $17.5 million mansion in Beverly Hills. Both were bought via shell companies and later sold to Aziz, according to the Justice Department.
February 2010
Low sets up his personal Jynwell Capital investment fund in Hong Kong with his older brother Szen Low. The fund was later used to control various assets in the U.S., including the luxury L'Ermitage hotel in Beverly Hills, bought for $44.8 million, according to the Justice Department. Low would later claim Jynwell was set up as an advisory company for his family's legacy assets.
July 2010
DiCaprio and Hilton are among a group Low flies to South Africa to watch the soccer World Cup. Also invited is Joey McFarland, Hilton’s celebrity booker and party planner. Later that month, Hilton is spotted in St. Tropez with Szen Low, where the Malaysian sibling reportedly took part in a $2.2 million champagne-ordering competition at Les Caves du Roy nightclub.
September 2010
Aziz establishes Red Granite Pictures in Los Angeles, with McFarland installed as partner and vice chairman. It would eventually set up office in the same Sunset Boulevard building as DiCaprio's Appian Way.
May 2011
1MDB sends another $330 million to its joint venture with PSI, money which  according to banned Malaysian publication The Edge — was wired directly to Low’s shell company Good Star.
May 9, 2011
Red Granite poaches a trio of industry veterans from Avi Lerner's Millennium/Nu Image banner; Danny Dimbort and Christian Mercuri to head up international sales and Joe Gatta to become head of production, overseeing the film slate.
May 11, 2011
The Wolf of Wall Street is announced. Just eight months after being established, Red Granite throws a spectacular launch party at the Cannes film festival, where it would launch the long-gestating $100 million film. Low, Aziz and DiCaprio would attend the million-dollar bash, at which Kanye West and Jamie Foxx sang "Gold Digger" on stage.
The film is acquired from Warner Bros. Despite winning the rights to develop Jordan Belfort's memoir with DiCaprio's Appian Way in 2007, it had stalled at the studio due to the R-rated content. THR understands that several parties were interested in picking up the project, but it was DiCaprio who ensured his friends at Red Granite came away with the contract.
July 2011
Low makes his splashiest property purchase yet, paying $31 million to a tech entrepreneur for the 4,825-square-foot Time Warner Center penthouse in New York overlooking Central Park, previously occupied by Jay-Z and Beyonce. At over $6,400 per square foot, the deal is the highest ever at the luxury condominium tower.
May 2012
Goldman Sachs, which had been looking to expand into Asia’s emerging markets, issues the first round of bonds for 1MDB. $3.5 billion is raised via two bonds of $1.75 billion issued in May and September, with the money set to go towards purchasing power plants. The bonds were guaranteed by Abu Dhabi’s sovereign petro wealth fund IPIC, run by Khadem al-Qubaisi, whom Low is reported to have met on the U.S. club scene in Vegas in 2010.
In exchange for this guarantee, 1MDB says it paid IPIC approximately $1.37 billion, more than 40 percent of the net proceeds raised. However, IPIC later said it never received this money. Instead, it is transferred to a British Virgin Islands-registered corporation called Aabar Investments PSJ, which bares a similar name to Aabar, a subsidiary of IPIC (and also run by Al-Qubaisi). The new Aabar Investments PSJ had Al-Qubaisi and his CEO at the Abu Dhabi-based Aabar, Mohamed Al-Husseiny (more on him later), as directors.
Both IPIC and Aabar later asserted that Aabar Investments PSJ was not owned by either entity.
For its work in arranging the bond offering and underwriting the notes, Goldman Sachs was to be paid a total of $192.5 million, roughly 11 percent of the principal amount, which is considered an unusually high commission. It would issue more bonds for 1MDB later
June 2012
Money starts flowing out of the fake Aabar account. Among the various transfers made are more than $472 million the DoJ alleges went to accounts controlled by Al-Qubaisi, $66 million to accounts of Al-Husseiny and $238 million sent in three bunches between June and November 2012 to a Singapore bank account belonging to Red Granite Capital, owned by Aziz. $94.3 million of this money is alleged to have been used to fund luxury real estate, including Low's previously-mentioned properties in Beverly Hills and New York and a luxury London mansion near Buckingham Palace, which was bought through a shell company for $33 million. A further $64 million of the money received by Red Granite Capital went to set up Red Granite Pictures and was directed into the film production company's account at City National Bank.
August 2012
Production on The Wolf of Wall Street kicks off in New York.
November 2012
As a 38th birthday present, Low and Red Granite spend a reported $600,000 to buy DiCaprio the best actor Oscar statuette won by Marlon Brando in 1953 for On the Waterfront. More is splashed at a party thrown for the actor, where Red Granite execs reportedly rack up a bill of over $1 million on a competition to see who could order the most champagne. Speaking to THR, a source described the night as "pure debauchery." 
June 2013
Red Granite picks up the production rights to another long-gestating project, Dumb and Dumbersequel Dumb and Dumber To, which it will finance.
July 15 2013
Red Granite files a lawsuit against Dumb and Dumber producers Brad Krevoy and Steve Sabler, seeking to exclude them from involvement as producers on the sequel. The two assert that their contract from the original production says they are to be involved in any remake or sequel
July 22, 2013
Krevoy and Sabler file counterclaims against Red Granite, asserting that “no one in Hollywood will trust” McFarland and Aziz in the future and that their experience in the cinema industry consisted of “cavorting at nightclubs with Paris Hilton.”
November 2013
Low and McFarland attend DiCaprio's 39th star-studded birthday party at the Tao Downtown and are reported to be among those buying large quantities of champagne. The proceeds from the mark-up on the champagne are donated to the Leonardo DiCaprio Foundation, which raises $3 million from the event.
December 17, 2013
DiCaprio, Low, Aziz and McFarland attend The Wolf of Wall Street world premiere in New York. The film is released wide on December 27, earning $18.4 million on its opening weekend and reaching the fifth spot. Although it would bring in only $117 million domestically, its dazzling international haul of $275 million would push it to $392 million, making the film Scorsese’s top grossing title of all time by February 2014.
January 12, 2014
At the Golden Globes ceremony, DiCaprio wins for best performance in a musical or comedy. On stage, he thanks Low, Aziz and McFarland for “being not only collaborators, but taking a risk on this movie.”
January 16, 2014
The Wolf of Wall Street is nominated for five Academy Awards, including best picture, best actor and best director, yet fails to win a single one at the March 2 ceremony.
April 2014
Krevoy and Sabler amend their original lawsuit against Red Granite regarding the Dumb and Dumber sequel to claim that the company had committed racketeering. "Red Granite is funded with monies that include proceeds from offenses against a foreign nation that involve bribery of public officials, or misappropriation, theft, or embezzlement of public funds by a public official," it asserted, the first time Red Granite was linked openly with corruption in Hollywood.
June 2014
Low takes delivery of his biggest purchase to date, the 300-foot super-yacht Equanimity. Reported to have cost $125 million, the boat comes complete with a spa, gym, sauna, Turkish bath and pool, plus nine staterooms that can accommodate up to 26 guests. 
July 2014
Red Granite requests that racketeering allegations be dismissed from Krevoy and Sabler's lawsuit, and the case is settled, with both sides reaching a confidential agreement.
August 2014
In an interview with the New York Times that came amid growing questions about Red Granite's financing, Aziz asserted that its principal investor was Al-Husseiny, the CEO of Aabar (and director of Aabar Investments PJS), and that the company's previous silence regarding the matter was because Al-Husseiny didn't want to be solicited by other producers. "I have known Riza for many years and have done business with Red Granite Pictures since its inception,” Al-Husseiny said in a statement.
November 2014
Universal releases Dumb and Dumber To in the U.S. Despite poor reviews, the comedy sequel would gross over $169.1 million globally.
April 2015
Al-Qubaisi and Al-Husseiny are fired from their positions at IPIC and Aabar in Abu Dhabi. Two months later Aabar Investments PJS, the look-alike company based in the British Virgin Islands used to transfer money into accounts held by Aziz, Low and Al-Qubaisi, is liquidated.
July 2015
With rumors circulating, Low is reported to have taken refuge in Taiwan, which has no extradition treaty with Malaysia or the U.S.
October 2015
Red Granite announces it is to develop a remake of the 1973 Steve McQueen classic Papillon.
February 2016
Tim Leissner, Goldman Sachs' Southeast Asia chairman who became one of the company's star bankers thanks to his work with the 1MDB investment fund, helping orchestrate the billion-dollar bond issues, steps down, relocating to Los Angeles with his wife, reality TV star and Russell Simmons' ex Kimora Lee Simmons. Days after leaving Goldman Sachs, Leissner is reportedly issued a subpoena by prosecutors at the Department of Justice looking into the possible embezzlement of 1MDB funds.
May 2016
It is revealed that the FBI is investigating the properties in Beverly Hills and New York owned by Riza Aziz. Meanwhile, from a yacht at the Cannes Film Festival, Red Granite execs meet buyers to sell Papillon, now with Charlie Hunnam attached to star, and to discuss another major project in the pipeline, George Washington film The General.
July 20, 2016
The Department of Justice files the largest forfeiture complaint in U.S. history, citing $1 billion of assets owned by Low, Aziz and Al-Qubaisi, and the future profits of The Wolf of Wall Street. DiCaprio is referenced in the filings as "Hollywood Actor 1."

A follow-up statement from Red Granite asserts that, to its knowledge, "none of the funding it received four years ago was in any way illegitimate and there is nothing in today’s civil lawsuit claiming that Red Granite knew otherwise." It added that the company was cooperating with all inquiries and is "confident that when the facts come out, it will be clear that Riza Aziz and Red Granite did nothing wrong."

Wednesday, July 13, 2016

Advice From a 104-Year-Old Doctor

Dr. Shigeaki Hinohara, from Japan, turned 104 recently. One of the world's longest-serving physicians and educators, Hinohara's magic touch is legendary. Since 1941, he has been healing patients at St. Luke's International Hospital in Tokyo and teaching at St. Luke's College of Nursing. He has published around 15 books since his 75th birthday, including "Living Long, Living Good", which sold more than 1.2 million copies.
old dr.
As the founder of the New Elderly Movement, Hinohara encourages others to live a long and happy life - a quest in which no role model is better than the doctor himself. Nearly 10 years ago, he was interviewed, and gave his advice for a long and healthy life. Dr. Shigeaki Hinohara's main points for a long and happy life are: 
1. All people who live long regardless of nationality, race or gender share one thing in common: None are overweight.
old dr.
For breakfast I drink coffee, a glass of milk and some orange juice with a tablespoon of olive oil in it. Olive oil is great for the arteries and keeps my skin healthy. Lunch is milk and a few cookies, or nothing when I am too busy to eat. I never get hungry because I focus on my work. Dinner is veggies, a bit of fish and rice, and, twice a week, 100 grams of lean meat.
2. Always plan ahead.
old dr.
My schedule book is already full until next year, with lectures and my usual hospital work.
3. There is no need to ever retire, but if one must, it should be a lot later than 65.
old dr.
The current retirement age was set at 65 half a century ago, when the average life-expectancy in Japan was 68 years and only 125 Japanese people were over 100 years old. Today, Japanese women live to be around 86 and men 80, and we have 36,000 centenarians in our country. In 20 years we will have about 50,000 people over the age of 100...
4. Share what you know.
old dr.
I give 150 lectures a year, some for 100 elementary-school children, others for 4,500 business people. I usually speak for 60 to 90 minutes, standing, to stay strong.
5. When a doctor recommends you take a test or have some surgery, ask whether the doctor would suggest that his or her spouse or children go through such a procedure.
old dr.
Contrary to popular belief, doctors can't cure everyone. So why cause unnecessary pain with surgery? I think music and animal therapy can help more than most doctors imagine
6. To stay healthy, always take the stairs and carry your own stuff.
old dr.
I take two stairs at a time, to get my muscles moving.
7. My inspiration is Robert Browning's poem "Abt Vogler."
old dr.
My father used to read it to me. It encourages us to make big art, not small scribbles. It says to try to draw a circle so huge that there is no way we can finish it while we are alive. All we see is an arch; the rest is beyond our vision but it is there in the distance.
8. Pain is mysterious, and having fun is the best way to forget it.
old dr.
If a child has a toothache, and you start playing a game together, he or she immediately forgets the pain. Hospitals must cater to the basic need of patients: we all want to have fun. At St. Luke's we have music and animal therapies, and art classes.
9. Don't be crazy about amassing material things.
old dr.
Remember: you don't know when your number is up, and you can't take it with you to the next place.
10. Hospitals must be designed and prepared for major disasters, and they must accept every patient who appears at their doors.
old dr.
We designed St. Luke's so we can operate anywhere: in the basement, in the corridors, in the chapel. Most people thought I was crazy to prepare for a catastrophe, but on March 20, 1995, I was unfortunately proven right when members of the Aum Shinrikyu religious cult launched a terrorist attack in the Tokyo subway. We accepted 740 victims and in two hours figured out that it was sarin gas that had hit them. Sadly we lost one person, but we saved 739 lives.
11. Science alone can't cure or help people.
old dr.
Science lumps us all together, but illness is individual. Each person is unique, and diseases are connected to their hearts. To know the illness and help people, we need liberal and visual arts, not just medical ones.
12. Life is filled with incidents.
old dr.
On March 31, 1970, when I was 59 years old, I boarded the Yodogo, a flight from Tokyo to Fukuoka. It was a beautiful sunny morning, and as Mount Fuji came into sight, the plane was hijacked by the Japanese Communist League-Red Army Faction. I spent the next four days handcuffed to my seat in 40-degree heat. As a doctor, I looked at it all as an experiment and was amazed at how the body slowed down in a crisis.
13. Find a role model and aim to achieve even more than they could ever do.
old dr.
My father went to the United States in 1900 to study at Duke University in North Carolina. He was a pioneer and one of my heroes. Later I found a few more life guides, and when I am stuck, I ask myself how they would deal with the problem.
14. It's wonderful to live long.
old dr.
Until one is 60 years old, it is easy to work for one's family and to achieve one's goals. But in our later years, we should strive to contribute to society. Since the age of 65, I have worked as a volunteer. I still put in 18 hours a day, seven days a week, and love every minute of it.
15. Energy comes from feeling good, not from eating well or sleeping a lot
old dr.
We all remember how as children, when we were having fun, we often forgot to eat or sleep. I believe that we can keep that attitude as adults too. It's best not to tire the body with too many rules such as lunchtime and bedtime.

Monday, June 27, 2016

27,000 new jobs in Dubai

sheikh-mohammed

Sheikh Mohammed’s plan to create 27,000 jobs in Dubai

The Maktoum family have long known that Dubai will have to be about more than oil, and this new initiative continues that plan…

We all know by now that we are moving into a post-oil economy. We also know that a quirk of geology is no longer enough to sustain a country’s economy. Thankfully H.H. Sheikh Rashid Al Maktoum, who ruled Dubai from 1958 to 1990, worked on diversifying the emirate’s economy since day one. And his sons have continued in this vein.
Sheikh Rashid once famously said: “My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a camel,” reflecting his knowledge that a reliance on oil would not sustain Dubai’s economy.
Well, many decades after Sheikh Rashid said that – and after boosts to the economy like Emirates airline, Dubai Ports, Dubai Media City and DIFC are well and truly going strong – H.H. Sheikh Mohammed bin Rashid Al Maktoum has announced another plan that will boost even more industries in the city and will see 27,000 jobs in Dubai by 2030.
sheikh rashidSheikh Mohammed with his father Sheikh Rashid. 
“Our ambition is to be our nation’s leading global knowledge-based economy,” Sheikh Mohammed said while announcing the plan.
“A sound economy is a diversified, integrated economy,” he explained. He went on to add that the initiative is “an indication of the maturity of the infrastructure and logistics in the UAE”.
The plan has outlined 75 initiatives to help generate an extra Dhs160 billion in Dubai by 2030.

Here are the strategy’s five key objectives according to Gulf Business
– Increase the total output and value-addition of the manufacturing sector.
– Enhance the depth of knowledge and innovation.
– Make Dubai a preferred manufacturing platform for global businesses
– Promote environmentally-friendly and energy-efficient manufacturing
– Make Dubai a centre for the global Islamic products market
the-planSheikh Mohammed at the launch of the initiative 

So where will the jobs be? Sheikh Mohammed’s plan focuses on boosting six key industries in Dubai, here they are…

Aerospace

Beyond having the world’s largest airline, Dubai also aims to be the global hub for manufacturing spare parts for aircrafts and providing maintenance and repair services. They will also step up aerospace and aviation research and development to boost innovation.

Maritime

Dubai Maritime City and Dry Docks World will expand activities to attract more ships to the area for maintenance and repair. They will focus on larger ships and offshore structures. They will also boost manufacture of yachts and boats so that people who buy yachts in Dubai can buy one built right here in Dubai.

Aluminum and fabricated metals

The boost in production capacity of metal and aluminum fabrication will ultimately be aimed at attracting more clients to Dubai from the international auto and aerospace industry. Aka, we’ll make more metal so that we can supply more car and aviation brands.

Pharmaceuticals

The GCC currently imports 80 per cent of its pharmaceutical requirements – Sheikh Mohammed’s new strategy aims to change that. The first phase will focus on manufacturing cosmeceuticals (cosmetics that are claimed to have medicinal properties) – particularly halal cosmeceuticals.
Initially the focus will be on research and development, and building up the infrastructure to manufacture, then they will aim to make the pharmaceuticals right here in Dubai.

Food & beverage

Countries in the GCC import 70 per cent of its food – and Dubai hopes to play a “significant role” in becoming a hub for food in the region. The strategy will particularly focus on leveraging the growing demand for halal products across the world.

Machinery and equipment

Building machinery and equipment already makes up about 25 per cent of the UAE’s industrial GDP, and the plan wants to continue to grow this area.

Tuesday, May 31, 2016

Malaysia Airlines Flight 370 now clearly a government cover-up: All evidence contradicts official story

(NaturalNews) The "official" story of what happened to Malaysia Airlines Flight 370 is now a blatant cover-up. After an endless stream of wild incompetence from the Malaysian military and government concerning the radar signature of the missing flight, we are now told by the Malaysian government that the flight "went down over the southern Indian Ocean" and that all lives are lost.

This explanation smacks of an obvious cover-up for several crucial reasons, all of which are now being utterly ignored by the conventional press:

#1) If the plane went down in the ocean, it would have broken up on impact and debris would be easily spotted

A Boeing 777 does not -- and cannot -- survive impact with the ocean and remain intact. It simply does not have the structural integrity to survive such an impact, which is a lot like hitting a cement wall at terminal velocity.

If Flight 370 hit the ocean, it would have been broken into tens of thousands of pieces, many of which obviously float on water (such as the seat cushions) and would be witnessed washing up on regional shores or easily spotted by search teams.

The lack of such debris is strong support that Flight 370 did not crash into the Indian Ocean as we are now being told.

#2) The plane continued broadcasting data to Boeing for 4 - 7 hours

Remember the fact that the airplane was broadcasting data for at least 4 hours after the transponder was turned off? This fact is now suddenly being dumped from history and from our memories as if it never happened.

We already know Flight 370 flew for 4 - 7 hours after diverging from its planned flight course. We already know this could have taken the plane to Afghanistan, Pakistan, Iran or even North Korea. (Click here to see my map showing possible destinations.) The fact that the plane broadcast this data for hours is not in dispute!

Wall Street Journal: "U.S. investigators suspect that Malaysia Airlines 3786. Flight 370 stayed in the air for up to four hours past the time it reached its last confirmed location, according to two people familiar with the details, raising the possibility that the plane could have flown on for hundreds of additional miles under conditions that remain murky."

The Guardian: "MH370: Missing plane could have kept flying four hours after disappearing, US investigators say... Engine data shows plane could have kept flying for four hours after disappearing"

Washington Post: " the plane may have flown for at least four hours after it dropped from civilian radar, U.S. officials said Thursday. A senior U.S. official said the information came from data sent via a satellite communications system by Malaysia Airlines Flight MH370. That data has convinced U.S. officials that the plane’s engines continued to run for at least four hours after all other communication was lost."

So how does the Malaysian government now explain this? They don't. They simply gloss over this fact and hope we all forget it. They claim the plane went down in the Indian Ocean without flying very far at all. This makes no sense whatsoever and cannot be reconciled with the flight broadcast data received by Boeing.

#3) There is ZERO evidence the flight crashed into the Indian Ocean

What is the Malaysian government's evidence that Flight 370 ended in the Indian Ocean and "all lives are lost?"

They have no evidence. They have no bodies. They have no debris, no flight recorders, no sightings and no radar signatures that would put the aircraft in the Indian Ocean.

They have zero evidence. So they are now floating a cover-up to try to put this issue to rest in order to distract from their own incompetence and their bizarre failure to track the radar signature of an aircraft flying well within the range of their radar.

In fact, the only debris floating around right now is made of all the fragments of the Malaysian government's inept cover-up attempts that smack of a true "rookie attempt" to roll out a cover-up that's full of holes.

This utter lack of evidence did not prevent the Malaysian government from announcing, "we have to assume beyond any reasonable doubt that MH370 has been lost and that none of those on board survived." (USA Today)

#4) Another crucial fact: It's clear that the transponder was manually turned off in order to hide the plane's new flight path

If the pilot of Flight 370 was suicidal and wanted to fly the plane into the ocean, there would be no need to switch off the transponder before doing so.

In fact, there would be no need to make all the complex, intentional flight maneuvers which Flight 370 clearly took as has been widely reported.

The fact that the transponder was manually disconnected followed by the plane making deliberate maneuvers that put it on a new flight path is near-absolute proof that the persons controlling the aircraft had no intention of flying the plane into the ocean. It's also strong evidence that they did not want governments to track their new flight direction and destination.

Without question, they intended to take the plane somewhere else and land it somewhere else, which is exactly why the aircraft continued broadcasting flight performance data to Boeing for 4-7 hours.

The Malaysian government is now hoping you forget all these facts in believing their bizarre cover-up explanation.

Malaysia's 9/11 official story

Flight 370 is now Malaysia's 9/11, complete with nonsense "official" stories and attempts to memory hole all the facts that originally came out in the mainstream media.

We are soon going to be told outrageous lies like "Oh, Boeing never received any flight data broadcasts from the aircraft, didn't you know?"

Anyone who now cites all the facts which have already been reported in support of the theory that Flight 370 continued on to another destination will be called "conspiracy theorists" and kooks.

The mainstream media will start scrubbing stories and retroactively altering its reporting to match the "official" government story. We've seen this before. It's how governments and media outlets sweep 239 lives under the rug and try to discredit anyone who asks skeptical, scientifically-sound questions based on the actual evidence.

In truth, the Malaysian government's bizarre new claim that Flight 370 "ended in the Indian Ocean" is the biggest conspiracy theory of all. It's sheer lunacy to reach such a conclusion without compelling evidence to support it, especially in light of all the other evidence that Flight 370 continued on for hours after the transponder was intentionally disabled.

Most likely explanation at this point: The aircraft is being turned into a weapon

Based on the Malaysian government's obvious cover-up attempt (which is incredibly transparent and childish as far as cover-ups go), it now seems increasingly likely that the Flight 370 aircraft has, indeed, been delivered to a rogue nation where it is being transformed into a weapon.

Malaysia has already proven that it is so incompetent that it cannot track huge aircraft flying across its airspace. This means a weaponized Boeing 777 is essentially a "stealth aircraft" to the Malaysian military -- a shocking revelation about military incompetence and lack of national security readiness in that nation.

Apparently, this same Boeing 777 can also fly undetected across the airspace of other nations -- most likely by "shadowing" existing flights while turning off its own transponder.

Whoever took control of Flight 370 now has a massive stealth weapon which an incredibly long flight range. This aircraft can now be outfitted with nuclear weapons and dispatched to almost any desirable target anywhere in the world, including cities like New York and Washington D.C., unfortunately.

I was the first journalist in the world to suggest that Flight 370 had been captured and turned into a weapon. That same story was also the very first story to suggest Flight 370 passengers may still be alive.

I still believe Flight 370 passengers may have survived the flight and the landing at the new destination, but now that world governments are rolling out their "official" stories, there is no question in my mind that they will do anything to support those official stories, even if it means discarding the lives of all the passengers. Sadly, I am now forced to recalculate the odds of Flight 370 passengers being found alive at no better than 1 in 5. (It was previously as high as 1 in 2.) But it is not zero! There is a realistic chance the passengers are being kept alive as some sort of international bargaining chip.

You can now expect the governments and media outlets of the world to start scrubbing their archived stories and statements, altering the "news history" to fit this new Malaysian government cover-up.

I wouldn't even put it past these people to now secretly sink some aircraft debris in the Indian Ocean so they can "find it" and thereby complete the cover-up.

If there's one thing I've learned in all my years as an award-winning investigative journalist, it's that you should never trust official stories... especially when they contradict all the earlier evidence.