Malaysia's ex-central bank head: Najib asked me to say he'd done nothing wrong

Image
Reuters KUALA LUMPUR
Last Updated : Jul 03 2018 | 11:05 PM IST

KUALA LUMPUR (Reuters) - Malaysia's former central bank head on Tuesday denied she was aware of a large sum deposited in ex-Prime Minister Najib Razak's account in 2013, adding that he later asked her to issue a statement saying "he had done nothing wrong".

Zeti Akhtar Aziz was responding to a Najib interview published on Monday in which he said the central bank was aware of the 2.6 billion ringgit ($643.41 million) placed in his account before the 2013 general election and did nothing.

Zeti was head of Bank Negara at the time before her retirement in 2016.

Three years ago, the Wall Street Journal reported that Malaysian investigators had traced the deposit to a state fund 1MDB that Najib founded over a decade ago. Najib said the funds were a donation from a Saudi royal.

"I wish to categorically state that this claim is false," Zeti said in the statement, referring to Najib saying the central bank was aware of the 2.6 billion ringgit placed in his account.

"In fact, on 3 July 2015, I was called to the Prime Minister's office. He made a request for me to issue a statement that he had done nothing wrong in his account. I informed him that I cannot issue such a statement because I did not have knowledge of transactions that had occurred in his account."

Malaysian anti-corruption agents arrested Najib on Tuesday following a probe into how money went missing from 1Malaysia Development Berhad (1MDB), a state fund he founded almost a decade ago. Authorities said he would be charged in court on Wednesday.

Najib has denied wrongdoing.

($1 = 4.0410 ringgit)

(Reporting by Rozanna Latiff; Writing by John Geddie; Editing by Nick Macfie)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jul 03 2018 | 10:58 PM IST

Next Story