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Anti-graft body says RM2.6bil in Najib's account from donors, not 1MDB


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Anti-graft body says RM2.6bil in Najib's account from donors, not 1MDB

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KUALA LUMPUR: -- The Malaysia Anti-Corruption Commission (MACC) has said its investigation has shown that the RM2.6 billion deposited into the account of Prime Minister Datuk Seri Najib Razak was from donors, and not 1Malaysia Development Bhd (1MDB) funds, reported New Straits Times.

The anti-graft body also stressed that it was not involved in a conspiracy to overthrow the government.

In a statement issued on Tuesday, MACC clarified that its investigation was only focused on two issues. They were issues related to 1MDB subsidiary SRC International, and the deposit of RM2.6 billion into the prime minister’s account.

The police, meanwhile, were conducting a probe related to 1MDB, while Bank Negara Malaysia was investigating financial methods and procedures.

“The outcome of our investigation showed that the RM2.6 billion which was reportedly deposited into the account of the prime minister came from donors, and not from 1MDB,” said the commission.

It said the findings on the RM2.6 billion had been referred to and relayed to the Attorney-General’s Chambers.

However, MACC said its investigation into SRC International involving RM4 billion is still ongoing. MACC gave its assurance that its investigation would be conducted independently, professionally and in a transparent manner. MACC said it hoped all quarters would be patient and give room to the commission to conduct a thorough investigation.

Full story: http://englishnews.thaipbs.or.th/anti-graft-body-says-rm2-6bil-in-najibs-account-from-donors-not-1mdb

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-- Thai PBS 2015-08-05

Posted (edited)

Maybe some ThaiVisa members will begin to realize that there's nothing special about Thailand in this regard - what Westerns view as 'corruption' is the norm in all Asian societies.

It's the same in Japan, Singapore, and Korea, they aren't squeaky-clean, as many Westerns seem to believe. They (especially the first two) just tend to cover it up better. And of course, China, Vietnam, Indonesia, and the Philippines are world-beaters in this class. Taiwan does pretty well, too. Cambodia and Laos are complete klepto-states, but are minor-league because they're so small.

Edited by disambiguated
Posted

RM2.6 billion from donors??

.....and completely escape the scrutiny of the country Anti-Money Laundering automated alert system and even fooled the Central bank regulating large sums of cash transfer in and out of the country. Credit to the Malaysia Armed Force for staying still and not making corruption reform excuse to roll out the tanks.

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