Amin Shah Omar Shah is now a bankrupt, reported The Edge Financial Daily.

Once dubbed ‘Malaysia’s Onassis’, the man is behind the company that obtained a procurement contract from Najib’s ministry to supply six Offshore Patrol Vessels (OPV) worth RM6.75 billion — but failed to deliver fully according to specifications and timeline, and came under rap of the Auditor-General Report 2007.

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SOURCES: The Edge Financial Daily and Merdeka Review

Who will pay back the country to refill Defence Ministry’s coffers? Ask Najib.

Pre-Umno AGM active counters

Meanwhile, with 18 days running up to the Umno annual general assembly, several Umno-linked listed companies are seeing active trading in the last few days.

Active counters include Idaman Unggul (which owns Tahan Insurance), Advanced Synergy (read: Ahmad Sebi Bakar) and L&G Berhad (which has a Hong Kong link via Mayland Parkview).