KUALA LUMPUR: Attorney-General Apandi Ali said today his office would take all possible steps to follow up and collaborate with his Swiss counterparts, following a report that Malaysian assistance was sought into a possible embezzlement of up to US$4 billion.

Apandi said he was eager to establish the details of the Swiss allegations against the government’s investment arm 1Malaysia Development Bhd, which was the subject of investigation by several Malaysian agencies last year.

He said in a statement today that the Attorney-General’s Chambers looked forward to receiving the Swiss findings and materials, “which will then be reviewed, alongside the findings of other relevant authorities and our own investigations, to determine the appropriate course of action”.

1MDB issued a short statement earlier today to say that the company was willing to work with any lawful authority.

The Swiss investigation involves possible violation of Switzerland’s laws. Criminal proceedings were initiated last August against two former 1MDB officials and “persons unknown”.

Corruption, abuse of public office, money laundering, and criminal mismanagement were among the grounds of the investigation.

Earlier this week Apandi found no criminal wrongdoing by the prime minister, Najib Razak, regarding the deposit of US$700 million (RM2.6 billion) which was said to be a donation from the Middle East.

In his statement today, he said the 1MDB investigation was separate from that carried out into the RM2.6 billion deposit.

Source from FMT News

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