Wednesday, May 7, 2025
7:21 AM
Doha,Qatar
RELATED STORIES
Najib Razak: under scrutiny

Najib faces fresh pressure after fund graft allegations

Reuters/Kuala Lumpur

Malaysian Prime Minister Najib Razak came under fresh pressure yesterday after statements from colleagues opened up the prospect of further probes into alleged corruption around the debt-laden state fund 1MDB.
The attorney-general said he had received several documents from a task force investigating 1MDB, including some connected to allegations that money was transferred into an account in Najib’s name, and advised it to take further action.
Najib’s deputy, meanwhile, said that authorities must immediately follow up a Wall Street Journal report published on Friday that said investigators had traced nearly $700mn to bank accounts they believed belonged to the prime minister.
Reuters could not independently verify the report.
“These allegations are serious because they can affect the credibility and integrity of Najib as PM and the leader of the government,” Deputy Prime Minister Muhyiddin Yassin said in a statement.
Najib has denied taking any money from the state fund or any other entity for personal gain. In a statement on Friday he accused former premier Mahathir Mohamed, an ally-turned-critic, of fanning allegations he described as a lie.  
1MDB, whose advisory board is chaired by Najib, has debt of nearly $11.6bn. It faces separate investigations by the central bank, auditor general, police and the parliament’s Public Accounts Committee.
Attorney-General Abdul Gani Patail said in a statement that a task force made up of members of the anti-corruption commission, police and central bank gave him documents on 1MDB “for me to check ... including documents connected to allegations that money was transferred into the account of the prime minister.” He said the task force had raided offices of three companies linked to the state investor but gave no further details about the nature or contents of the documents and did not specify what further action he had advised the task force to take.
The Wall Street Journal, citing documents from a government probe, said there were five deposits into Najib’s account.
It said the two largest transactions, worth $620mn and $61mn, were made through a chain of companies linked to 1MDB during an election campaign in March 2013.
1MDB has described the allegations as “unsubstantiated”, saying it never provided funds to the prime minister.
Najib, the son of a former prime minister, was already on the defensive before Friday’s report over relentless accusations of graft and mismanagement from the opposition and even from within his own party.
Now in his second term, he has also been under pressure over his management of the economy and a scandal over the murder of a Mongolian model nine years ago.
He says he had nothing to do with the murder of Altantuya Shaariibuu, and two officers who were part of Najib’s security detail at the time were found guilty of her murder.
However, Najib retains support within the long-ruling Barisan Nasional coalition and from within his party, the United Malays National Organisation (UMNO).
Apparently closing ranks behind the prime minister, several senior members of UMNO made supportive statements yesterday.
“To me, every accusation must have proof ... if there are accusations without evidence, we must regard them as defamation,” UMNO Supreme Council member Ismail Sabri Yaakob told reporters, according to state news agency Bernama.


Comments
  • There are no comments.

Add Comments

B1Details

Latest News

SPORT

Canada's youngsters set stage for new era

Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.

1:43 PM February 26 2017
TECHNOLOGY

A payment plan for universal education

Some 60mn primary-school-age children have no access to formal education

11:46 AM December 14 2016
CULTURE

10-man Lekhwiya leave it late to draw Rayyan 2-2

Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions

7:10 AM November 26 2016
ARABIA

Yemeni minister hopes 48-hour truce will be maintained

The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged

10:30 AM November 27 2016
ARABIA

QM initiative aims to educate society on arts and heritage

Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.

10:55 PM November 27 2016
ARABIA

Qatar, Indonesia to boost judicial ties

The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.

10:30 AM November 28 2016
ECONOMY

Sri Lanka eyes Qatar LNG to fuel power plants in ‘clean energy shift’

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.

10:25 AM November 12 2016
B2Details
C7Details