Malaysia former prime minister records statement in dollars scandal

Malaysia former prime minister records statement in dollars scandal

Malaysia former prime minister records statement in dollars scandal |Former Malaysian Prime Minister Najib Razak appeared for the first time on multi-billion dollar criminal charges in government funds in the Malaysian Development Bureau 1MDB scandal. Foreign correspondent Reuters reports that Najib Razak is accused of illegally receiving $ 1 million from the former MDB unit SRC International, who was found guilty of prosecution in November after prosecuting the case. Was instructed to clean. He, however, denied any criminal breach of trust, money laundering and misappropriation of powers in the SRC case. Speaking on the testimony of the former prime minister, lawyer Safi Mohammad Shafi Abdullah said his client had no reason to admit what kind of illegal money was transferred to him. Lawyer Safi said Najib Razak was not involved in any corruption in the SRC’s fund nor did he take any bribe. In the answer to his question, his testimony was initially asked about how he launched the 1MDB in 2009 and how Malaysian financier Zhu Lu, the main character of a scandal, became involved with the fund.

Recording his statement in the courtroom, Najib Razak said, Zhu Lu presented himself as an influential figure in the Middle East, whom I believed was instrumental in investing in the partnership can do. According to reports, Zhu was accused of infringing 1MDB in Malaysia and the US, but denied any wrongdoing and is still absconding. The US Department of Justice said that $ 4 billion worth of $ 4 billion transferred through 1MDB was used by his colleagues to buy a boat, private jet, Picasso painting, jewelry, and property. Najib Razak, who was unexpectedly defeated in Malaysia, is facing dozens of corruption and money laundering cases for receiving $ 1 billion in 1MDB funds. Najib Razak could face up to a heavy fine and up to 15 to 20 years in prison on each of those charges. It is to be noted that after defeating Najib Razak in the Malaysian elections in May this year, there have been more than 32 cases of official treasure being looted. They are listed on four options for abuse and 21 money laundering cases, which analysts say are the most serious cases against them so far. After Mahathir Mohammed became the Prime Minister on May 09, 2018, the coalition parties have demanded the government to re-investigate alleged corruption in the 1MDB fund.