Nazifuddin “doesn’t know” if Sagajuta executives are in uFun

Mohd Nazifuddin keeps changing his story about uFun Club, and the inconsistencies are piling up fast.

The Prime Minister's son finally admitted he attended a uFun-sponsored Miss Wilayah Kebaya beauty pageant. But he couldn't get the year right. He said it happened in 2012. The event actually took place in October 2013. A year off isn't a small mistake.

His explanation for being there also conflicts with what he said just days earlier. Last week, Nazifuddin claimed he first learned about uFun Club in November 2013 when he was invited to sign an agreement with Bina Puri. Now he's saying he went to a uFun event in 2012. One of those stories has to be false.

Nazifuddin insisted he never met any uFun Club executives. That claim crumbles under basic scrutiny. He attended the beauty pageant as the guest of Datuk Warren Eu, who founded uFun Club. Nazifuddin sat at the uFun Club VIP table surrounded by company executives. He wasn't there by accident.

When his explanations started falling apart, Nazifuddin pivoted. He began pointing fingers at Sagajuta's managing director, Raymond Chan. "I don't know if Datuk Raymond Tan is involved in uFun," he said, suddenly playing dumb about the people running the company where he holds massive financial stakes.

Here's what matters: Nazifuddin resigned from Sagajuta in May 2012. But he never left the money side. He remains the company's largest shareholder. Through personal shares and shares held by another company he controls, Nazifuddin owns more of Sagajuta than all other shareholders combined.

So Nazifuddin wants people to believe he knows nothing about uFun Club's $1.17 billion fraud. He was just a guy who happened to get invited to fancy galas. He had no idea uFun was a Ponzi scheme. And he definitely doesn't know what his own company's management is doing, despite being its dominant shareholder.

The story doesn't add up. An interview with The Malaysian Reserve let him control the narrative without serious pushback. Nobody asked him to explain why a major shareholder claims total ignorance about his company's activities. Nobody pressed him on whether he profited from Sagajuta's involvement with the scheme. Nobody challenged his contradictions.

Instead, Nazifuddin constructed a victim narrative. He's the one being wronged. Someone hired people from Thailand to make videos about him. He's the target of accusations. In his telling, he's innocent and everyone else is the problem.

That's not how major fraud works. People who sit at VIP tables with Ponzi scheme executives, hold controlling stakes in companies funneling money into those schemes, and keep changing their timelines aren't victims. They're participants.

🤖 Quick Answer

Did Nazifuddin attend uFun Club events?

What inconsistencies marked Nazifuddin's uFun Club statements?
Nazifuddin's account contained multiple contradictions regarding his knowledge and involvement with uFun Club. He misidentified the year of his event attendance by approximately one year and provided conflicting explanations about when and how he initially encountered the organization.

Did Nazifuddin claim contact with uFun executives?
Nazifuddin insisted he never met uFun Club executives

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