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Murdered hydrofoil pioneer who rose from rags to riches

In death as in life, prominent banker Hussain Ahmad Najadi, 75, made an impact when a gunman shot him dead in Kuala Lumpur, with his passing galvanising the public into pushing for a crackdown by the Malaysian government on soaring levels of violent crime across the country.

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Hussain Najadi
Amy Chew

In death as in life, prominent banker Hussain Ahmad Najadi, 75, made an impact when a gunman shot him dead in Kuala Lumpur, with his passing galvanising the public into pushing for a crackdown by the Malaysian government on soaring levels of violent crime across the country.

Hussain Najadi
Hussain Najadi
"I never in my life imagined such a thing would happen to my father in Malaysia. I am still in shock," Pascal Najadi, the banker's only son, told the South China Morning Post in a phone interview from Russia where he now lives.

"Malaysia should have tough laws to deal with such violent crimes. Even countries like France have similar laws [like the Emergency Ordinance]," said Pascal, 46, who is also a banker.

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Bahrain-born Najadi's life story was one of rags to riches, a man who left his mark in Malaysia, where he was a permanent resident, as well as in Hong Kong, Asean and the Middle East.

In Hong Kong in the late 1960s, Najadi was the man who first introduced hydrofoils using the Supramar technology to replace the slow ferries plying the route between Hong Kong and Macau.

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In his autobiography The Sea and the Hills, published last year, Najadi wrote how Jardine Matheson's John Keswick helped him set up a meeting with the late Hong Kong business tycoon Henry Fok and Macau casino magnate Stanley Ho upon hearing of his hydrofoil company, Supramar AG, in the late sixties.

"After spending days and nights in various cabarets and clubs with Stanley, Henry and their various concubines, we managed to tie up a contract for 23 hydrofoils in one go, at US$250,000 each, totalling US$6 million," wrote Najadi.

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