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US suit piles pressure on Najib

FBI says Malaysians 'defrauded on an enormous scale'; US AG calls global scam 'an international conspiracy to launder funds stolen from 1MDB'

Published Thu, Jul 21, 2016 · 09:50 PM

Singapore

MALAYSIANS are demanding Prime Minister Najib Razak step up and be transparent about scandal-ridden 1MDB after the United States Department of Justice (DOJ) all but named him in a civil suit seeking the seizure of over US$1 billion worth of assets.

The amount is less than a third of the US$3.5 billion that it claims was misappropriated from the state- owned development fund and used to purchase luxury properties in the US and UK, a yacht, a Bombardier jet and paintings by Vincent van Gogh and Claude Monet.

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