Large donation to Najib was 'genuine', says Saudi Arabia
Saudi Foreign Minister Adel Al-Jubeir said nothing was expected in return for the money
Kuala Lumpur
SAUDI Arabia said a large donation to Malaysian Prime Minister Najib Razak was "genuine", providing some clarity on the source of the funds amid reports the money came via a Malaysian state investment company.
Saudi authorities were aware of the donation and it came without strings, Malaysia's official news agency Bernama reported, citing Saudi Foreign Minister Adel Al-Jubeir. He was speaking to reporters in Istanbul on Thursday after meeting with Mr Najib during the Organisation of Islamic Cooperation summit.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations