Malaysian central bank to take part in 1MDB investigation

The head of Malaysia's anti-corruption commission had a bullet sent to his home during the investigation of a financial scandal that implicated former prime minister Najib Razak.

USA investigators say Najib's associates stole and laundered $4.5 billion from the fund, some of which also landed in Najib's bank account, and that some $23 million was used to buy a rare diamond pink necklace for Rosmah. The government has also told the current attorney general, who cleared Razak of wrongdoing in 2016, to go on leave, and has relieved the country's treasury chief, who is also the 1MDB chairman.

"We wanted to bring back money that was stolen back to our country".

"Although affected by what has happened, we have and will continue to cooperate in any questioning and will be present if needed by any authority", said the statement.

The shock election result earlier this month upended Malaysia's political order, as it was the first defeat for a coalition that had governed the Southeast Asian nation since its independence from colonial rule in 1957.

Mahathir's office also announced the establishment of a new task force made up of members of the anti-graft agency, police and the central bank, which would liaise with "enforcement agencies in the United States, Switzerland, Singapore, Canada and other related countries", investigating 1MDB.

Ryan Reynolds Stuns South Korean Singing Contest In Rainbow Unicorn Suit
In the first film, Wade was diagnosed with terminal cancer and made a decision to abandon his loved ones as he prepared to die. Deadpool 2 is totally awesome and, while it certainly isn't a movie without flaws, it's arguably the ideal sequel.

Schwarzenegger Takes A Jab At Pruitt, Suggests He Drink Contaminated Water
Last month, the GAO determined that EPA violated federal law when it bought and installed the booth. Pruitt was also asked about a report an aide helped Pruitt find a new place to live.

Meghan Markle's father recovering after heart surgery
Kensington Palace has said that the brothers will greet people gathered in the castle precincts, before entering the church. Staging the photos was meant to counter the way he had been "so unfairly presented in the media as being sort of shabby".

Since losing power, Najib and his allegedly shopaholic wife, Rosmah Mansor, have suffered a series of humiliations, starting with a ban on them leaving the country, and then police searching their home and other properties.

The former leader has repeatedly denied any wrongdoing.

New Malaysian Anti Corruption Commission (MACC) chief commissioner today revealed the challenges he had to endure while probing SRC International Sdn Bhd.

In 2015 the anti-corruption agency began a probe on SRC International following allegations it had transferred millions of ringgit into Najib's private accounts.

Ownership of SRC had been transferred to Malaysia's finance ministry by February 2012, lowering 1MDB's gearing ratio to 9.5 times, from 12 times, and removing the state guarantee for 1MDB, according to the report.

The U.S. Justice Department said in a statement that it looks forward to working with Malaysian law enforcement in investigating the 1MDB case. US investigators say Najib's associates stole and laundered $4.5 billion from the fund, some of which landed in Najib's bank account.

(Copyright © 2015. All Rights Reserved.)
 
Recommended

BJP candidate predicts Karnataka win
While coastal Karnataka districts Dakshina Kannada and Udupi witnessed brisk polling, things were quite slow in the state capital. Also read: Who will be CM? In any case, exit poll figures indicate that HD Kumarswamy's JD (S) may emerge as the kingmaker.

Antonio Conte reminds Chelsea after FA Cup triumph: I'm a serial victor
Such was the frustration amongst Red Devils that a lot of them sent angry messages to Mourinho on his Instagram page. So I prefer to lose like today than to lose like we did, for example at Newcastle, to give an example of the season.

Key senators: 'no doubt' Russian Federation sought to interfere in USA election
But, he added, "at the time, I thought I should listen to what Rob and his colleagues had to say". "And he said, connected". When asked to identify an unidentified phone number, Trump Jr. quipped: "That's my real boss". "I don't know", he replied.

United States of America may impose sanctions against companies engaged in Nord Stream 2 construction
Washington warned that the project to double the amount of Russian gas exported to Germany could trigger a new set of sanctions. She has specified that this means that any pipeline construction project in the world could potentially be under sanctions.

'Jerusalem to Remain Israel's Capital': Netanyahu Urges Others to Follow US Lead
Israel says it has a right to defend its border and has accused Hamas of using the protests as a cover for attacking the border. Marchers have thrown stones and burned tires at the fence and flown flaming kites over it to try to set Israeli fields on fire.

Fallen officer's son gets police escort to school
He leaves behind son Dakota and another son and daughter. "It's a brotherhood", Detective Les Hamm, Terre Haute Police said. He stops and waves to someone behind the camera, and an officer then gives him a SWAT shirt.

Ford to resume some F-150 production Friday, more plants online Monday
In between, the Ford team received a United Kingdom import licence for the die - a mere two hours before the plane touched down. Meridian's plant in Eaton Rapids, Michigan, suffered extensive damage after an explosion and fire in early May.

Lomachenko vies to become 3-weight champ against Linares
He said at the post-fight news conference that he injured a hand in the second, but it was hardly noticeable in his performance. Vasyl Lomachenko, the best all-around fighter since Floyd Mayweather continued his greatness on Saturday night.

Rangers announce signing of Scott Arfield on four-year deal
Rangers supporters will be hoping Arfield is the first of many signings in a much-needed squad overhaul at the club. The 29-year-old managed 194 appearances for the Clarets since joining the club in 2010.

Ex-boyfriend of woman killed in California explosion charged over device
He said he used to also make fireworks, but stopped after the September 11, 2001, terrorist attacks, according to the affidavit. Stephen Beal , the ex-boyfriend of Ildiko Krajnyak, was charged Thursday after two IEDs were found in his home in California.

Uber Sexual Assault Victims No Longer Forced Into Arbitration
As with the arbitration change, this will apply to cases now pending and cases moving forward. Beyond Uber , there's been a push to cut down on using forced arbitration by companies.

Facebook Gets Voice Posts, Stories Archive, And More
Several feature additions set to roll out in the next few months, however, may put Facebook's version in a league of its own. The Stories Archive feature is the ability to archive Facebook Stories after they have passed their 24-hour expiration date.

Palestinians in Gaza 'caged in a toxic slum,' United Nations rights chief says
Another Hamas official did not confirm the number, but said those participating were demonstrating peacefully. Leaders from around the world have signed "Our Hope for Peace" - including NRB's president & CEO, Dr.

Terror suspect killed in fresh gunfire in Indonesia's Surabaya
At Surabaya Centre Pentecostal Church, Futrianto then drove his vehicle onto the church grounds and detonated explosives. Officers reportedly found the father of the family in the house holding a detonator and shot him.

City of palaces is India's Cleanest Medium City' tag
Puri said that the names of the worst performing cities would be announced on the day the awards would be presented. The results of Swachh Survekshan 2018, aims to estimate levels of cleanliness across cities in the country.


More News

News
More News