Malaysia prosecutor clears PM Najib Razak of corruption

[Blue_Tires]

Source: BBC News

The attorney-general's office said the $681m (£479m) that Mr Najib received in his bank account was a personal donation from the Saudi royal family.

Critics had alleged the money came from state-owned investment fund 1MDB. Mr Najib has consistently denied these accusations, but has faced pressure to resign over them. Anti-corruption officials have previously said he received money as a gift from a foreign funder.

Attorney-General Mohamed Apandi Ali said in a press statement on Tuesday that the amount was a "personal donation" from the royal family in Saudi Arabia, transferred between the end of March and early April 2013. He added that anti-corruption officials had met witnesses including the person they identified as the donor to confirm it.

"I am satisfied that there is no evidence to show that the donation was a form of gratification given corruptly," he said, adding that evidence did not show the donation was used as an "inducement or reward" for Mr Najib to do anything in his capacity as prime minister.

Read more: http://www.bbc.com/news/world-asia-35407017

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Damn... I wish the Saudis gave me $681 million just for the hell of it...

[Feeling the Bern]

1. I can't wait to hear the locals talking about this a Syed down the street when I go for

breakfast in about 90 minutes.

[Dovidoff]

2. The powerful are immune everywhere in the world

Sad but true.

[Eugene]

3. Malaysian anti-graft agency seeks review of PM Najib probe decision

Source: Reuters

World | Wed Jan 27, 2016 3:16am EST

Malaysian anti-graft agency seeks review of PM Najib probe decision

KUALA LUMPUR

Malaysia's anti-graft agency said on Wednesday it will seek a review of a decision by the attorney-general to clear Prime Minister Najib Razak in a graft investigation.

Attorney-General Mohamed Apandi Ali cleared Najib of any criminal offences or corruption on Tuesday, and said he was closing investigations into a murky multi-million-dollar funding scandal that his opponents had hoped would bring him down.

Najib was buffeted last year by allegations of graft and mismanagement at the debt-laden state fund 1Malaysia Development Berhad (1MDB) and by a revelation that about $681 million was deposited into his personal bank account.

Apandi said the $681 million transfer to Najib's account was a gift from Saudi Arabia's royal family, and added that no further action needed to be taken on the matter.

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Read more: http://www.reuters.com/article/us-malaysia-politics-idUSKCN0V50ME