Lorrain osman biography

Son of a government pathologist, Lorrain Esme Osman was born on December 18, 1931 in Penang.
In a London pub, Lorrain Esme Osman, the former chairman of the now defunct, Hongkong–based Bumiputera Malaysia Finance (BMF) broke his.
Son of a government pathologist (Dr.

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In the eyes of the world, former Bumiputera Malaysia Finance chairman Lorrain Esme Osman, who died in exile in London on Monday was an unknown banker until the day, one of his auditors, Jalil Ibrahim, turned up murdered in July 1983 in a banana grove in Hong Kong.

Lorrain, 79 and a Eurasian from Penang and an ex-Christian, eventually took the initial rap and pleaded guilty in London in 1993 under a plea bargain to a charge of financial negligence in giving unsecured loans to the tune of RM 2.5 billion in the 1980s to George Tan, a Sarawakian who headed the Carrian Group of Companies until it collapsed like a house of cards.

Even now RM 2.5billion is a huge sum to embezzle and take out of the country without any involvement of top government leaders. The Malaysian financial system makes this virtually impossible, and more likely than not, such deals are transacted on behalf of the top politicos of the day.

It is a sad reflection that nearly 30 years on, and Lorrain finally passed on, the wheels of corruption are still busily rolling in Malaysia. The system has not changed but in

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Scandal-hit ex-BMF chairman Lorrain dies in London

PETALING JAYA: Lorrain Esme Osman (pic), who was involved in the Bumiputra Malaysia Finance (BMF) financial scandal in the 1980s, died of cancer in London on Monday.

The 79-year-old former BMF chairman had been living in the English capital quietly after serving time for his involvement in the scandal, which saw the financial institution losing about RM2.5bil.

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The former chairman of Bumiputera Malaysia Finance (BMF) Lorrain Esme Osman speaks for the first time in more than two decades about the country’s biggest bank scandal and his trials and tribulations. R. Nadeswaran and Terence Fernandez have the exclusive.

For 23 years, he remained silent. Having served almost seven years at the Pentoville Prison and later at Brixton in the United Kingdom and at Stanley Prison in Hongkong, earning the dubious honour of Britain’s longest-serving remand prisoner, he never uttered a word. Having been brought from London, he appeared before a Hongkong court in a flak jacket. He nodded his plea and said no more. His lips were not exactly sealed. If people were expecting him to spill the beans, they were utterly disappointed. If there were those who expected him to exact vengeance on those who did him in, he perhaps embraced the adage: "love thy enemy and drive him crazy".

In a London pub, Lorrain Esme Osman, the former chairman of the now defunct, Hongkong-based Bumiputera Malaysia Finan