You are here: Home » Reuters » News
Business Standard

Exclusive: Evidence that Malaysia's Najib received 1MDB funds was ignored, probe panelists say

Reuters  |  KUALA LUMPUR 

By Rozanna LatiffKUALA LUMPUR (Reuters) - The Malaysian Anti-Corruption Commission (MACC) found evidence in late 2015 that 42 million ringgit ($10.6 million) was transferred from a former subsidiary of state fund 1MDB into an account of then Prime Minister Najib Razak, but its recommendation for further investigation was rejected by the attorney general, a member of a panel that reviewed the commission's case files told Reuters. Najib, who was ousted in a shock election loss on May 9, has consistently denied wrongdoing in connection with alleged graft involving 1Malaysia Development Berhad ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, May 15 2018. 11:07 IST