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Malaysia state fund 1MDB says it never provided funds to PM Najib

Friday, July 3, 2015 - 11:41
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Troubled Malaysian state fund 1MDB said on Friday that it never provided funds to Prime Minister Najib Razak.

TROUBLED Malaysian state fund 1MDB said on Friday that it never provided funds to Prime Minister Najib Razak.

This follows a Wall Street Journal report citing documents from a government probe on Friday that close to US$700 million in deposits from 1MDB had been wired into Mr Najib's personal account.

"In reference to media reports published earlier today, 1MDB wishes to make clear that the company has never provided any funds to the Prime Minister. To suggest otherwise, as some media outlets have done, is highly irresponsible and a deliberate attempt to undermine the company."

It said recent revelations have raised concerns about the veracity of a number of "leaked" documents which certain media outlets, and online blogs such as Sarawak Report, have used to mislead the public and justify spurious allegations against the company and the government.

"According to press reports, these documents were found to have been tampered with, and were being used by an individual - who is currently under arrest in a foreign country - to extort and blackmail his former employer."

"We are therefore surprised that documents such as these, whose existence and authenticity have not been publicly verified, continue to be used as a basis to create new unsubstantiated allegations against 1MDB."

1MDB said it is currently cooperating with a number of enquiries being conducted by lawful authorities including the Auditor General, the Public Accounts Committee and Bank Negara.

"These authorities have all the relevant information, and we request all parties to await the outcome of their findings before making further allegations and rushing to judgement."

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