Dr M: Proof needed in WSJ claims about China-1MDB deal

  • Nation
  • Thursday, 10 Jan 2019

PUTRAJAYA: The government needs to get its hands on documents cited by the Wall Street Journal (WSJ) in its claims that deals with China were used to bail out the troubled 1MDB investment fund.

Prime Minister Tun Dr Mahathir Mohamad said the documents were needed before the claim could be accepted.

He said until then, no action could be taken.

"We need to find the documents to be used as proof that this actually happened.

"At the moment, this is just a story in the press," he said on Thursday when asked about the WSJ report.

According to the newspaper, which cited minutes from certain meetings, senior Chinese leaders offered to help bail out Malaysia's state-owned 1MDB investment fund in 2016.

Chinese officials allegedly told visiting Malaysians that China would use its influence to try and get the US and other countries to drop probes into allegations that allies of then Prime Minister Datuk Seri Najib Tun Razak and others were plundering the fund, claimed WSJ.

In return, Malaysia offered stakes in railway and pipeline projects as part of China's Belt and Road Initiative.

Both Najib and China have since denied the claim.

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