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    Dec 04, 2015

    Malaysian DPM: Najib's $870m is donation


    MALAYSIAN lawmakers are not any wiser over how RM2.6 billion (S$870 million) had turned up in Prime Minister Najib Razak's personal bank accounts in 2013 when his deputy repeated in Parliament yesterday the same explanation that he himself had given outside it.

    According to Deputy Prime Minister Zahid Hamidi, who took the floor yesterday, he could not elaborate on the source of the money as doing so would prejudice ongoing investigations.

    Mr Zahid spoke on behalf of Mr Najib, who did not turn up, under a special provision, reported online news website Malaysian Insider.

    As the rule provides for only an explanation, the speaker refused to allow follow-up questions by other lawmakers, upsetting many as yesterday was the last day of the parliamentary sitting.

    Mr Zahid repeated a finding by the Malaysian Anti-Corruption Commission (MACC) in August that the money was not from the state investment vehicle 1Malaysia Development Berhad, but from a political donor whom he refused to identify.

    The United States-based Wall Street Journal alleged in July that the money came from firms linked to the debt-ridden 1MDB.

    But Mr Najib, who is 1MDB's top adviser, had denied the claims.

    The MACC yesterday confirmed it had fixed an appointment with Mr Najib to record his statements on the 1MDB-linked SRC International and the RM2.6 billion deposited into his personal accounts, The Star reported.