Datuk Seri Mohd Najib Razak, at the centre of allegations of corruption involving his brainchild 1Malaysia Development Berhad (1MDB), was not interviewed in investigations into the state fund, The Wall Street Journal reports, suggesting that crucial evidences were ignored.
The paper which first broke news of some RM2.6 billion found in the prime minister’s personal bank accounts, cited documents and interviews with people involved in the investigation as saying that the probe had not been transparent.
“The promise of a thorough and transparent accounting of what happened at the fund, 1Malaysia Development Bhd., or 1MDB, has helped Mr. Najib fend off domestic criticism,” said the report, which comes as government leaders say the issues involving the troubled sovereign fund were over.
The recently appointed Bank Negara Malaysia governor also announced that the case against 1MDB was closed after the company paid an undisclosed amount of compound for breach of financial laws.
Ministers in Parliament have so far declined to answer opposition questions on 1MDB, even as six countries have announced their own investigations into the firm for possible money laundering laws.
Earlier this week, Singapore authorities shut down Swiss-based BSI Bank, one of those named in transactions involving 1MDB and which is being investigated in Switzerland for money laundering in transactions linked to the Malaysian state investor.