Malaysian PM Najib Razak cleared of long-running financial scandal



    Malaysian PM Najib Razak cleared of long-running financial scandal

    Jan 26, Kuala Lumpur: Malaysia's top prosecutor on Tuesday has cleared Prime Minister Najib Razak of corruption in a long-running financial scandal that has gripped the nation.

    The attorney-general office said that $681m transferred into Prime Minister Najib Razak's personal bank account was a gift from the royal family in Saudi Arabia and there were no criminal offences or corruption involved.

    Critics had alleged the money came from state-owned investment fund 1MDB. Najib has consistently denied these accusations, but has faced pressure to resign over them, media reports said.

    Anti-corruption officials have previously said he received money as a gift from a foreign funder.

    In a press statement issued by Attorney-General Mohamed Apandi Ali said on Tuesday that the amount was a "personal donation" from the royal family in Saudi Arabia, transferred between the end of March and early April 2013.

    He said, "I am satisfied with the findings that the funds were not a form of graft or bribery."

    He added that anti-corruption officials had met witnesses including the person they identified as the donor to confirm it, BBC news report said.

    The Oslo Times