Anti-corruption body records Malaysian PM's statement

Image
IANS Kuala Lumpur
Last Updated : Dec 05 2015 | 3:22 PM IST

Malaysia's anti-corruption body on Saturday recorded Prime Minister Najib Razak's statement over an issue related to nearly $700 million in his personal accounts.

The prime minister was cooperative during the two-and-a-half hour questioning, Xinhua cited the Malaysian Anti-corruption Commission as saying in a statement.

Najib was under pressure following reports by The Wall Street Journal earlier this year that some $700 million were transferred into his personal accounts via controversial state investment fund 1Malaysia Development Bhd (1MDB).

Najib had denied any wrongdoing.

His deputy Ahmad Zahid Hamid told parliament this week that the fund was legal political donation.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 05 2015 | 3:10 PM IST

Next Story