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MACC pledges professional probe on Najib
Published:  Jul 3, 2015 7:00 AM
Updated: 11:15 AM

The Malaysian Anti Corruption Commission pledges there will be an independent and professional investigations into allegations that millions of ringgit from 1MDB were deposited into Prime Minister Najib Abdul Razak's bank accounts through proxies. 

In a statement this evening, MACC deputy chief commissioner (operations) Mohd Shukri Abdull ( photo ) said looking at the media reports, particular on one of the transactions involving SRC International Sdn Bhd, it found that elements brought up are within the ambit of MACC's authority.

"This issue falls within it and becomes the basis of MACC investigations in line with the MACC Act 2009. We have already begun a probe into the matter.”

"Based on the provisions of the law, the MACC will conduct the investigations in an independent and professional manner,” said Shukri.

'Particularly shocking'

The allegations against Najib was revealed in a Wall Street Journal report published today which alleges that Malaysian investigators have traced nearly US$700 million (RM2.6 billion) of deposits into what they believe are personal bank accounts of Najib.         

WSJ cited documents from a government probe which both the international financial newspaper and whistleblower website Sarawak Report have also obtained.

Sarawak Report also reported that another RM42 million had been transferred from SRC International, a company linked to 1MDB which is now under the Finance Ministry, into Najib’s three private accounts at AmPrivate Banking in Kuala Lumpur as recently as five months ago.

“The money taken from SRC International is a particularly shocking revelation, because this was money lent by the public pension fund Kumpulan Wang Persaraan (KWAP) and never accounted for,” Sarawak Report said.  

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