There was a glass-half-empty way of looking at events. Hadn’t the system of checks and balances at banks failed to catch Jho Low’s malfeasance for seven years because of the greed of financiers? Wasn’t he still at liberty to enjoy a life of ease in five-star residences in China and Thailand, where he lived in the St. Regis apartments in Bangkok, or on his superyacht berthed in Phuket? In Malaysia, Najib’s position appeared unshakable. What sanction had anyone from Al Qubaisi to Leissner and the BSI bankers faced?