The Wife of MO1 should return pink diamond

Media Statement by Yeo Bee Yin, ADUN for Damansara Utama on Tuesday 8 August 2017 in Petaling Jaya.

The Wife of MO1 should Return Pink Diamond to Increase Public Investment in Early Childhood Education and Care.

It is amusing to read news report that Rosmah Mansor lamented on the lack of funding for PERMATA [1].

In the latest civil forfeiture suit filing, the Department of Justice (DOJ) of the United States alleged that some of the money misappropriated from 1MDB was used to purchase 22-carat pink diamond pendant, which worth USD 27.3 million, and 27 different 18-carat gold necklaces and bracelets, which worth USD 1.3 million, for the wife of Malaysian Official (MO1).

According to the budget speech made by Prime Minister Najib Razak, the government allocated RM 85 million for PERMATA program in 2017 [2]. The pink diamond itself worth around RM120 million, which is more than one year of PERMATA allocation!