Barred from travel, Najib faces Malaysia wrath over 1MDB secrets - Business News - News Summed Up

Barred from travel, Najib faces Malaysia wrath over 1MDB secrets - Business News


SINGAPORE: As Malaysia’s most powerful man, Datuk Seri Najib Razak worked hard to keep the public from accessing information about a multi-billion dollar scandal at state fund 1MDB. Hours later, the immigration department said it blacklisted Najib, and Mahathir confirmed he personally placed travel restrictions on his former protege. "€Genuine Donation’Under that scenario, Malaysia’s police, anti-corruption agency and central bank would reopen investigations and submit reports to the new attorney general, who would decide whether to bring charges against Najib. Saudi Arabia said it was a “genuine donation,” without explaining the purpose of the funds.“It’s been cleared, there’s been no wrongdoing -- I stand by it,’’ Najib said in an interview last month. “You cannot just accuse somebody of being a thief or anything unless there is evidence.’’Now Najib must wait to see if any new evidence is uncovered.


Source: The Star May 14, 2018 00:22 UTC



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