KUALA LUMPUR, Malaysia — Malaysia’s central bank governor has become the latest senior official to resign amid a corruption probe of the former government that appointed them. The resignations come less than a month after a surprise May 9 election defeat for then-Prime Minister Najib Razak ended six decades in power for the former ruling coalition. ADVERTISEMENTThe central bank is under scrutiny over a 2 billion ringgit ($500 million) land purchase from Najib’s government. He said the central bank had no knowledge of or control over how the proceeds were used. He said some $700 million that landed in Najib’s bank account was a donation from the Saudi royal family and most was returned.

Source: Philippine Daily Inquirer June 06, 2018 11:48 UTC