Most Read
Most Commented
Read more like this
No proof to back DOJ's allegations, says 1MDB
Published:  Jun 16, 2017 12:53 PM
Updated: 8:17 AM

There is no proof to back the allegations by the United States Department of Justice (DOJ) regarding the misappropriation of 1MDB-linked funds, said the firm.

"1MDB notes that the civil lawsuit does not contain any appendices with documentary proof or witness statements to support the allegations made by the DOJ," it said in a statement today.

The state investment firm also noted it is not a party in the civil forfeiture suits, and that it has not been contacted by the DOJ.

It also said that it would fully cooperate with foreign authorities, "subject to international protocols governing such matters and the advice of the relevant domestic lawful authorities".

The DOJ last night dropped a bombshell, with its latest round of civil forfeiture suits seeking to seize US$540 million in assets purchased with funds allegedly misappropriated from 1MDB.

US investigators first went public on the 1MDB scandal on July 21 last year and declared that Malaysians had been defrauded on an enormous scale.

At that time, US investigators said more than US$3 billion was allegedly misappropriated from 1MDB and sought to seize around US$1 billion in ill-gotten assets.

In the third and latest filing, the DOJ now puts the allegedly misappropriated figure at US$4.5 billion and is seeking to seize US$1.7 billion in assets purportedly acquired using funds stolen from 1MDB.


DOJ: US$620m returned 'donation' used to buy pink diamond for MO1's wife

'Dual national Low bought over US$1b in properties with 1MDB cash'

Yacht, diamonds and more in DOJ's latest 1MDB filing

DiCaprio returns Brando Oscar as part of 1MDB probe

DOJ: Najib’s stepson bought properties, posters using funds from Aabar BVI

'Jho Low's award-winning superyacht bought with 1MDB funds'

DOJ: Jho Low spent US$10m on jewellery for Aussie model, mom

DOJ details 1MDB's alleged plot to cover up 'relatively worthless' fund units

‘Saudi Prince’ not mentioned in DOJ's June 7 filing

1MDB: No proof to support DOJ's allegations

Apandi rues DOJ's 'insinuations' of wrongdoing against PM

PM's aide: Motivation of DOJ filing goes 'beyond seizing assets'

IGP: Police will not interfere in DOJ's 'civil suit'

Kit Siang: Reveal findings of disbanded 1MDB taskforce

Hishammuddin: Latest DOJ filing could divert attention from bigger agenda

Resign! Bersih wants Najib out in wake of new allegations

Don't believe slander aimed at toppling a leader, says Rosmah

File suit in US to refute DOJ’s accusations, gov't told

Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.