Najib 1MDB scandal 2016 - 10 Top World News (BBC, CNN, Bloomberg, WSJ, ABC, CNA, etc) Published on Jan 6, 2016
Malaysia PM Najib Razak sacks deputy over 1MDB scandal
Published on Jul 28, 2015
Malaysia's Prime Minister Najib Razak has replaced his deputy amid a continuing financial scandal.
Muhyiddin Yassin had criticised Mr Najib's handling of allegations surrounding a state investment fund.
Mr Najib has denied allegations that nearly $700m (£450m) were transferred to his personal bank accounts from the 1MDB fund, which he set up in 2009.
Attorney General Abdul Gani Patail, who led the investigation into the scandal, was also replaced, said state media.
The statement carried by the Bernama news agency said his dismissal was on health grounds.
The BBC's Jennifer Pak in Kuala Lumpur says that with these latest developments, Malaysians have doubts about whether the truth of the scandal will come out.
Though Mr Najib appears to have bought himself some time, there is continuing pressure and he still faces a lot of questions from opposition parties as well as from within his own party, the United Malays National Organisation (Umno), says our correspondent.
Announcing the dismissal of Mr Muhyiddin on television, Mr Najib said that differences in opinion were "not supposed to be expressed in an open forum, which is against the concept of collective responsibility in the government".
He said the decision was "a very difficult one, but I had to do it so a strong team can move forward".
Mr Muhyiddin has been replaced by former home minister, Zahid Hamidi, said Mr Najib. Four other ministers have also been replaced in a cabinet reshuffle.
On Sunday night, Mr Muhyiddin had spoken on the 1MDB issue at an Umno party meeting which was covered by local media.
He revealed he had urged Mr Najib to step down from 1MDB. The Malaysian Insider quoted him saying: "I told him to let go of his post in 1MDB, but he didn't want to listen...I don't have any evil intention, my will is to help him."
He also called on Mr Najib to personally explain the issue.
"[The ministers] cannot explain properly because even we don't know the real facts, so who is going to tell us the real facts, it should be the prime minister, true or not," he was reported as saying by The Star.
1MDB (1Malaysia Development Berhad) says it has never given money to Mr Najib and that the allegations are unsubstantiated.
Mr Najib says he is the victim of "political sabotage" and has accused influential former prime minister Mahathir Mohamed of orchestrating a smear campaign to topple him.
Muhyiddin Yassin had criticised Mr Najib's handling of allegations surrounding a state investment fund.
Mr Najib has denied allegations that nearly $700m (£450m) were transferred to his personal bank accounts from the 1MDB fund, which he set up in 2009.
Attorney General Abdul Gani Patail, who led the investigation into the scandal, was also replaced, said state media.
The statement carried by the Bernama news agency said his dismissal was on health grounds.
The BBC's Jennifer Pak in Kuala Lumpur says that with these latest developments, Malaysians have doubts about whether the truth of the scandal will come out.
Though Mr Najib appears to have bought himself some time, there is continuing pressure and he still faces a lot of questions from opposition parties as well as from within his own party, the United Malays National Organisation (Umno), says our correspondent.
Announcing the dismissal of Mr Muhyiddin on television, Mr Najib said that differences in opinion were "not supposed to be expressed in an open forum, which is against the concept of collective responsibility in the government".
He said the decision was "a very difficult one, but I had to do it so a strong team can move forward".
Mr Muhyiddin has been replaced by former home minister, Zahid Hamidi, said Mr Najib. Four other ministers have also been replaced in a cabinet reshuffle.
On Sunday night, Mr Muhyiddin had spoken on the 1MDB issue at an Umno party meeting which was covered by local media.
He revealed he had urged Mr Najib to step down from 1MDB. The Malaysian Insider quoted him saying: "I told him to let go of his post in 1MDB, but he didn't want to listen...I don't have any evil intention, my will is to help him."
He also called on Mr Najib to personally explain the issue.
"[The ministers] cannot explain properly because even we don't know the real facts, so who is going to tell us the real facts, it should be the prime minister, true or not," he was reported as saying by The Star.
1MDB (1Malaysia Development Berhad) says it has never given money to Mr Najib and that the allegations are unsubstantiated.
Mr Najib says he is the victim of "political sabotage" and has accused influential former prime minister Mahathir Mohamed of orchestrating a smear campaign to topple him.
1MDB Scandal: Najib Razak and Power in Malaysia
WSJ Published on Dec 29, 2015
Malaysia
Prime Minister Najib Razak is in the spotlight since investigators
traced $700 million linked to the government fund 1MDB to his personal
bank accounts. His personal history is intertwined with Malaysia's
unique political system. Photo: Olivia Harris/Reuters
US investigators launch probes into scandal hit Malaysian PM Najib Razak
BBC News Published on Sep 22, 2015
A U.S. federal grand jury is examining allegations of corruption involving Malaysian Prime Minister Najib Razak and individuals close to him, the New York Times reported Monday, quoting anonymous sources. The inquiry, run by a unit of the Justice Department that probes international corruption, is centered on U.S. properties bought in recent years by Najib's stepson and properties relating to "a close family friend", the newspaper said. It is also examining an allegation that $681 million was deposited into Najib's personal bank account, the New York Times added. Calls for comment from Najib's office went unanswered. The alleged $681 million deposit had surfaced in July in a report in The Wall Street Journal, which said it had been uncovered by Malaysian investigators probing allegations of graft and mismanagement at sovereign wealth fund 1Malaysia Development. Reuters has not verified the Wall Street Journal report. Najib has denied taking any money for personal gain, and 1MDB has denied transferring funds to him. An interim government report found nothing suspicious. The U.S. investigation is still at an early stage and could take years to determine if any federal laws were broken, the New York Times said.
Blast from the past, before the scandals hit:
Najib lied on CNN with proof - July 15, 2011
Najib Razak shame on you. This video is basically showing someone lying and how body and facial expression gave them away.
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