Najib shifts spotlight for 1MDB woes to Abu Dhabi company

  • Nation
  • Sunday, 28 Oct 2018

Datuk Seri Najib Tun Razak. -filepic

PETALING JAYA: Former prime minister Datuk Seri Najib Tun Razak (pic) has again called on the government to reveal to the public two settlement agreements between 1MDB and International Petroleum Investment Company (IPIC).

Najib said that if the government was "sincere" in upholding fairness and justice, it should make public the two settlement agreements made in 2015 and 2017.

"Why isn't the Abu Dhabi senior officer called in for questioning, since the monies have been returned to them? Who else is involved?" he asked.

Najib also claimed that the government is "trapped in a dilemma as he is" in solving the 1MDB issue and getting every single sen which is claimed to be missing.

"It has always been my objective to get every single sen from 1MDB back," he claimed.

Najib claimed that based on cashflow, 1MDB cash which is said to be missing should have been received or guaranteed by an Abu Dhabi investment company.

"Several senior officers are found to have received the monies, and are involved in the 'fraud'. Who else is involved?" he asked in his Facebook post on Saturday night (Oct 27).

"It's not easy to ask them openly as it will cause a diplomatic incident between the two countries.

"That is why the Barisan nasional government tried to sign agreements with them twice to get back the lost money, first in 2015, and then in 2017," he claimed.

He also claimed that he had negotiated with the Crown Prince of Abu Dhabi himself, and received an "advance" of US$1bil from IPIC.

And then, "we decided to change the deposit paid to Aabar (a subsidiary of IPIC) and fund units so that they could pay the principal in full."

However, Najib claimed that after a "change in management" at Aabar and IPIC, "they suddenly told us that they did not receive the relevant assets for payment."

Najib further alleged that Aabar and IPIC that the payments and guarantee made to the subsidiaries did not belong to them.

"We were very shocked at that time because the payments had been certified by a lawyer who had checked the agreement.

"An international auditor who had audited the account also certified the payment and guarantee," Najib further claimed.

He said this is what jeopardised the 2015 settlement and forced Malaysia to repay US$1bil to IPIC.

He added that several police reports will be made on the matter.

"Yesterday (Friday Oct 26), (Prime Minister) Tun Dr Mahathir Mohamad advised me to make police reports on possible involvement of international individuals linked to 1MDB, as I have mentioned in the interview with Al-Jazeera.

"I have been told that several quarters will be making those police reports, as per Mahathir's advice," he said on his Facebook post late Saturday night (Oct 27). However, he did not mention who will be making those reports or when they will be made.

The Pekan MP claimed that he had brought up the issue in the Dewan Rakyat on Tuesday (Oct 23), but he did not get any response from the government.


Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 7
Cxense type: free
User access status: 3

Across The Star Online