Friday 29 July 2016

Najib: US Dept of Justice civil complaint shows 1MDB not directly involved


KUALA LUMPUR: Prime Minister and Umno president Datuk Seri Najib Razak said the civil complaint filed by the United States (US) Department of Justice (DOJ) showed that strategic development company 1Malaysia Development Bhd (1MDB) is not directly involved in the affair.

Najib said the complaint showed that there were no 1MDB assets in the US, and that 1MDB had not been required to provide any information to the DOJ. He said the Umno Supreme Council has acknowledged that several individuals were named in the civil complaint. “This directly means that 1MDB is not involved in the complaint. In other words, there are no other 1MDB assets in the US.

 “We view the report seriously and those named must cleared their names in accordance with the legal provisions,” he said. Najib added that the Supreme Council had been informed that it is not a precedent for civil suits to be given so much publicity. He said the DOJ report also did not contain any views from 1MDB or Malaysian authorities. The prime minister was speaking to reporters after chairing an Umno Supreme Council meeting at the party headquarters in Menara Dato Onn this afternoon. Asked if the complaint had been based on news reports, Najib said that on the surface, it would appear that the report had come from certain sources. "But we will continue to observe the proceedings that will follow suit. "I can’t say for sure where it came from; it certainly didn’t come from 1MDB, the Attorney-General or the Malaysian government,” said Najib, adding that he does not want to speculate publicly why the case has been given so much publicity. The DOJ recently filed civil complaints to seize assets acquired with money allegedly misappropriated from 1MDB.

Read More : http://www.nst.com.my/news/2016/07/161624/najib-us-dept-justice-civil-complaint-shows-1mdb-not-directly-involved
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