A special task force has been set up to investigate allegations which were announced in a joint statement by Attorney-General Abdul Gani Patail, Bank Negara Governor Zeti Akhtar Aziz, Inspector-General of Police Khalid Abu Bakar and Malaysian Anti-Corruption Commission Chief Commissioner Abu Kassim Mohamed yesterday.
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A task force investigating 1MDB said on Tuesday it had frozen half a dozen bank accounts in relation to the allegations, suggesting that it was taking the report seriously, but did not specify whose accounts they were or name the banks.
The pm resulted to contain an everyday kitchen cabinet keeping up with on Wednesday, the earliest considering that the WSJ report caused public emergency which has considered to be an autumn…
The fund, which denied it gave money to Najib, says legal action should be taken if any wrongdoing was found.
1MDB, whose advisory board is chaired by Najib, has debts of almost $11.6 billion.
“They were provided with a number of documents and materials to aid with the investigations now taking place”, said 1MDB. A month later the government ordered the Auditor-General to verify 1MDB’s accounts, and Mr Najib asked investigators to expedite the process in May.
MAS said on Wednesday that due to ongoing investigations in Malaysia, it is unable to provide more details on its enquiries.
The ringgit was little changed Wednesday after it weakened below the 3.8 a dollar level this week at which it was pegged from 1998 to 2005. 1MDB bonds also took a hit following the raid.
Najib’s legal team sent an email to Dow Jones, owner of the Wall Street Journal, requesting it to confirm whether it stood by the report, Xinhua news agency reported. Najib, he said, has survived a decade of scandals as defense minister and prime minister.
His legal firm, Hafarizam Wan & Aisha Mubarak, said it was now identifying “facts to proceed with further instructions” by way of the parties involved in the writing, distributing and publishing the article.
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Prime Minister Najib has previously issued a statement on social media site Facebook saying that the various allegations made against him are “unsubstantiated” and “outrageous”.
