Kuala Lumpur : Prime Minister Najib Razak is facing graft charges that up to $700 million were funnelled from a government-owned fund to his personal bank accounts and a task force is set to probe the embezzlement, making him the first Malaysian leader to face criminal allegations.
The multi-agency task force comprising officers from the Anti-Corruption Commission, Central Bank and the police will probe the money trail of 1 Malaysia Development Bhd (1MDB), which allegedly ended in the Prime Minister’s personal bank accounts, said Attorney-General Abdul Gani Patail. Najib, 61, has denied the allegations saying these were part of a concerted campaign of “political sabotage” to topple a democratically elected Prime Minister. “No evidence has been offered following all these allegations, which has only been based on leaked documents and unnamed investigators,” Najib said in a Facebook post.