Thursday, April 25, 2024
HomeUncategorizedProbe clears Malaysian PM Najib, says USD 681mn transfer a Saudi gift

Probe clears Malaysian PM Najib, says USD 681mn transfer a Saudi gift

- Advertisement -

Malaysia’s attorney-general cleared Prime Minister Najib Razak of any criminal offence or corruption on Tuesday, and said a controversial transfer of $681 million into his personal bank account was a gift from Saudi Arabia’s royal family.

PM Najib

The leader of the main opposition party denounced the findings, which came after months of pressure on Najib to resign over the scandal, saying the appointment of the attorney-general by the prime minister himself suggested a conflict of interest.

The involvement of the Saudi royal family is an unexpected twist in the saga over the mysterious funds transfer and the troubles of indebted state fund 1Malaysia Development Berhad (1MDB), whose advisory board Najib chairs.

“I am satisfied with the findings that the funds were not a form of graft or bribery,” Attorney-General Mohamed Apandi Ali told a hastily called news conference.

Apandi said in a statement that $620 million was returned to the Saudi royal family in August 2013, about five months after the transfer, because it had not been utilised.

“There was no reason given as to why the donation was made to PM Najib, that is between him and the Saudi family,” he said.

Apandi said no criminal offence was committed by Najib in relation to three investigations submitted by Malaysia’s anti-graft agency and that no further action would be taken.

The Malaysian Anti-Corruption Commission (MACC) had earlier said the funds were a political donation from an unidentified Middle Eastern benefactor.

The attorney-general said in a statement he would return to the MACC papers pertaining to the three separate investigations with instructions to close all three cases.

- Advertisement -
- Advertisement -
- Advertisement -

Latest

Must Read

- Advertisement -

Related News