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Najib unveils inquiry into massive forex losses under Mahathir's watch

Opposition leaders say probe aimed at distracting attention form 1MDB fallout
Friday, June 23, 2017 - 05:50

While the forex losses happened during Dr Mahathir's tenure, some see the probe as a politically-motivated move.

PM Najib is facing pressure as the US Justice Department seeks to recover a further US$540m of 1MDB-linked assets.

Kuala Lumpur

AS pressure builds on the back of additional complaints last week by the US Department of Justice seeking to recover a further US$540 million worth of assets it said were misappropriated from 1MDB, Malaysia's embattled Prime Minister Najib Razak appears to be upping the ante

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