Malaysia steps up graft probe of fund linked to ex-leader - News Summed Up

Malaysia steps up graft probe of fund linked to ex-leader


Malaysia's new government stepped up a corruption investigation into a state fund with a seven-hour police search of the home of former Prime Minister Najib Razak and the creation of a special committee to accelerate the probe. New Prime Minister Mahathir Mohamad, who won a stunning election victory last week that unseated Najib's National Front coalition after 60 years in power, reopened the probe into the 1MDB state investment fund, which is also being investigated abroad. Asked about the search of Najib's house, Mahathir said Thursday that "police have enough reasons to conduct the raid" although he wasn't informed about it. Mahathir, 92, has said an initial investigation showed the scale of wrongdoing by Najib's administration was more serious than expected. He has said that arrests will be made when there is evidence, and there would be "no deal" with Najib.


Source: ABC News May 17, 2018 04:39 UTC


Loading...

Loading...