Sunday, December 6, 2015

MACC QUESTIONS MALAYSIAN PM ON RM2.6B FOUND IN HIS ACCOUNT


KUALA LUMPUR, MALAYSIA -  Prime Minister has been dogged by controversy ever since reports emerged in July of investigations into RM2.6b funds believed to have been transferred into Mr Najib's accounts before the 2013 general elections.
The Wall Street Journal said investigators had allegedly identified five separate deposits into his bank accounts - including funds they had reportedly traced back to SRC International - an energy company formerly owned by the debt-ridden state investment firm advised by Mr Najib, 1Malaysia Development Berhad (1MDB).
In August, the MACC said they had determined that the money had no connection to 1MDB but was a "donation" from the Middle East.  However, Saturday's meeting is the first time MACC has taken a statement directly from Mr Najib himself. This is also the first time the MACC has questioned a sitting prime minister under the MACC Act 2009.
In a statement, MACC said their meeting with Mr Najib lasted 2.5 hours and he was cooperative. No further details were provided.
Mr Najib has repeatedly denied allegations of wrongdoing, saying he has not used any funds for personal gain.

Source: Agency

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