Evidence that Najib received 1MDB funds was ignored, probe panelists say - Business News - News Summed Up

Evidence that Najib received 1MDB funds was ignored, probe panelists say - Business News


"AG refused to investigate further despite evidence suggesting that Najib received directly or indirectly 42 million ringgit from SRC," Lim said, using the acronym for the attorney-general.Mohamed Apandi declined to comment when contacted by Reuters. We knew the movement of money in Malaysia, but once it leaves Malaysia, we didn't know where the money went,” Lim said. "The biggest disappointment to us was Apandi,” said Lim. But their hands were tied by the AG," he said.The U.S. Department of Justice (DOJ) alleged that about $4.5 billion was misappropriated from 1MDB, which was founded by Najib. U.S. and Malaysian sources have said "Malaysian Official 1" refers to Najib.Najib has denied any wrongdoing and said in 2016 that the Malaysian government will cooperate with U.S. investigations.


Source: The Star May 15, 2018 05:15 UTC



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