“The request is receiving attention and the AGC will render all possible assistance to the OAG expeditiously”, it added.
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Switzerland said Tuesday that it has widened its corruption probe into a Malaysia state-owned fund linked to Prime Minister Najib Razak, with two new individuals under investigation for a suspected phony bond deal.
“The Swiss authorities have elements in hand allowing them to suspect that the amounts paid in connection with this guarantee were not returned to the Abu Dhabi sovereign fund that supported the commercial risk”, the Swiss statement said. What happened to the money after it went to the British Virgin Islands could not be determined, said the report.
In a statement today, 1MDB said it is confident of its legal position in relation to the US$3.5 billion cash deposits paid to Aabar BVI between 2012 and 2014.
The Malaysian parliamentary report said 1MDB’s senior management withheld crucial information from its executive board and made transactions without its knowledge or approval, resulting in debts amounting to about $11 billion.
“Further, both IPIC and Aabar confirm that neither hasreceived any payments from Aabar BVI nor has IPIC or Aabarassumed any liabilities on behalf of Aabar BVI”, the statementadded, noting that according to publicly available records, Aabar BVI was wound up and dissolved in June 2015.
The statement issued by the Office of the Attorney-General of Switzerland (OAG) said that the two former Emirati officials are under investigation for fraud, criminal mismanagement, misconduct in public office, forgery of a document, bribery of foreign public officials and money laundering. Najib and 1MDB have repeatedly denied wrongdoing.
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“History will show that the shameful, politically motivated allegations made to unseat a democratically elected government were false”, he said, when speaking at an investment forum, referring to how former premier Mahathir Mohamad has been calling for his resignation over the failings of 1MDB, among other issues.
