PM’s pledge on 1MDB

> We’ll co­op­er­ate with US and oth­ers prob­ing al­leged mis­use of funds: Na­jib

The Sun (Malaysia) - - NEWS WITHOUT BORDERS -

BER­LIN: Prime Min­is­ter Datuk Seri Na­jib Ab­dul Razak yes­ter­day said Malaysia would co­op­er­ate with the United States and other in­ter­na­tional au­thor­i­ties in­ves­ti­gat­ing al­leged mis­ap­pro­pri­a­tion of funds from state-owned 1Malaysia Devel­op­ment Bhd (1MDB), which he founded.

“We are equally con­cerned about good gov­er­nance in Malaysia and the rule of law,” Na­jib told re­porters af­ter a meet­ing with Ger­man Chan­cel­lor An­gela Merkel, when asked about the in­ves­ti­ga­tions.

“So within the bounds of good gov­er­nance and the rule of law, Malaysia will do its best to co­op­er­ate and to do what­ever is nec­es­sary.”

US pros­e­cu­tors filed civil law­suits in July al­leg­ing that over US$3.5 bil­lion was de­frauded from 1MDB.

The Wall Street Jour­nal has re­ported that global in­ves­ti­ga­tors be­lieved more than US$1 bil­lion en­tered Na­jib’s per­sonal bank ac­counts, much of it from 1MDB.

The US fil­ings re­ferred to an un­named high-rank­ing of­fi­cial who re­ceived some of the mis­ap­pro­pri­ated funds. – Reuters

Na­jib and his wife Datin Seri Ros­mah Man­sor be­ing ac­com­pa­nied by Ger­many Chief of Pro­to­col Fed­eral For­eign Of­fice, Am­bas­sador Juer­gen Chris­tian Mertens (right), upon ar­rival at Ber­lin-Tegel Air­port (Mi­il­i­tary Sec­tion) yes­ter­day for a three-day visit.

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