MACC: Najib's bank account unfrozen as it is unrelated to SRC and 1MDB investigations

  • Nation
  • Wednesday, 18 Jul 2018

PETALING JAYA: The personal bank account of Datuk Seri Najib Tun Razak was unfrozen because it is not related to investigations into SRC International Sdn Bhd and the 1Malaysia Development Bhd (1MDB) scandal.

The Malaysian Anti-Corruption Commission (MACC) said the account was no longer frozen because investigations on the account had finished, not because it was pressured into doing so.

"We also want to highlight that there are some other bank accounts belonging to Najib, which were involved in SRC International and 1MDB (RM2.6bil), (but) were not frozen because the accounts were closed before investigations commenced in July 2015.

"This means that the freezing of those accounts cannot be done because it was closed before investigations begun," it said in a statement.

The MACC stressed that investigations into the RM2.6bil of funds (which had found its way into Najib's personal, now closed, account) were still ongoing.

MACC also brushed off allegations that it generated a lot of publicity when Najib's personal bank account was frozen recently but went silent when it was unfrozen.

"We have never issued any official statements about (Najib's) bank account being frozen and had only confirmed that the account is no longer frozen when questions were raised by the media," the statement read.

The 1MDB Special Task Force said on July 2 that it had frozen 408 bank accounts of individuals, political parties and NGOs involving a total of RM1.1bil on June 26 and 29.

These accounts included those of 81 individuals and 55 companies suspected to have received funds from 1MDB.

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