China offered to bail out 1MDB fund, says WSJ

China also offered to bug the homes and offices of Wall Street Journal reporters in Hong Kong who were investigating 1MDB, to learn who was leaking information to them, said the Wall Street Journal.PHOTO: ST FILE.

WASHINGTON (Bloomberg): Senior Chinese leaders offered to help bail out Malaysia's state-owned 1MDB investment fund in 2016, the Wall Street Journal reported, citing minutes from meetings it reviewed.

Chinese officials allegedly told visiting Malaysians that China would use its influence to try and get the US and other countries to drop probes of allegations that allies of then Prime Minister Najib Razak and others plundered the fund, according to the newspaper.