The Ottawa-headquartered real estate firm Sakto Corporation has for years faced accusations that it owes its success to money originating from the alleged Malaysian kleptocrat Abdul Taib Mahmud. Sean Murray, the president and CEO of Sakto, is married to Jamilah Taib, the eldest of Abdul Taib Mahmud’s four children, raising suspicions that Mr. Murray owes his success to the Taib family’s ill-gotten fortune.
|Sean Murray and Jamilah Taib|
Most recently, Sakto Corporation can notch two notable successes in its ongoing campaign to maintain its reputation as a legitimate enterprise.
First, the Ontario Superior Court of Justice threw out a case brought by the Swiss NGO Bruno Manser Fonds' Association for the Peoples of the Rainforest, and Mutang Urud, demanding that Royal Bank of Canada, Toronto Dominion Bank, Manulife Financial Corporation, and Deloitte and Touche reveal information on their financial dealings with Sakto. The team defending Sakto Corporation is so pleased with its legal acumen it's even set up a website, The Facts Matter.
Second, Canada’s National Contact Point (NCP) for the OECD has rejected a complaint from Bruno Manser Fonds against Sakto. Though the complaint was denied, the behaviour of the NCP was inconsistent, suggesting to some that the NCP was succumbing to pressure in Ottawa.