Monday, September 14, 2015

UK investigators latest to join 1MDB probe





The UK’s Serious Fraud Office is the latest of international agencies reportedly joining the probe into possible money-laundering involving Malaysian state investment firm 1MDB.
According to the Sunday Times UK, the Serious Fraud Office is examining the evidence highlighted by the British editor of whistleblower website Sarawak Report.
This comes after the Office of Attorney-General of Switzerland confirmed freezing millions of dollars in Swiss bank accounts in relations to the probe on two 1MDB executives for money-laundering.
Hong Kong police are also investigating bank deposits of more than US$250 million (RM1.075 billion) into accounts allegedly linked to Prime Minister Najib Abdul Razak, following a report by Umno member Khairuddin Abu Hassan.
Najib, who is chairperson of 1MDB’s board of advisors, has denied the allegations.
Khairuddin earlier said he is on a round the world trip to lodge reports with foreign investigation bodies to probe what he believes is a multinational money-laundering scheme involving 1MDB and Najib.
Najib has repeatedly insisted he has never taken taxpayers’ money for personal gain, and laments an international conspiracy to topple him.


Read more: https://www.malaysiakini.com/news/312227#ixzz3lhQEiq23

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