1MDB says again: No funds went into Najib's accounts


  • Nation
  • Thursday, 31 Mar 2016

PETALING JAYA: 1Malaysia Development Bhd (1MDB) has reiterated it has not paid any funds to the personal accounts of Prime Minister Datuk Seri Najib Tun Razak.

“Following extensive investigations, this has been corroborated by multiple lawful authorities, who have confirmed that these funds came from Saudi Arabia.

“Despite this, the Wall Street Journal continues to repeat the same allegations, without providing any concrete evidence to justify these claims,” 1MDB said in a statement on Thursday.

1MDB also questioned the timing of the Wall Street Journal’s “new round of attacks” as its report came just days after 1MDB announced it had successfully completed the share sale and purchase agreement for Edra Global Energy Bhd.

It added that the state fund will repay RM6bil of its debts in the coming weeks, which will remove all short-term debt from the company’s balance sheet.

"These actions reflect the significant success 1MDB has made with its rationalisation plan, and we remain committed to ensuring the conclusion of this process, despite the repeated attacks against the company,” it said.

The Wall Street Journal reported that Najib's brother, CIMB Group chairman Datuk Seri Nazir Razak, confirmed he had received about US$7mil (RM29.45mil) from Najib for distribution to Barisan Nasional politicians.

The Wall Street Journal also claimed to have sighted Malaysian investigation documents which allegedly indicate that the majority of the funds in the accounts originated from 1MDB.


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