US DOJ says pursuing investigations related to Malaysia's 1MDB

22 May, 2018, 10:13 | Author: Rafael Roberts
  • Najib Razak, Malaysian Ex-Prime Minister, Questioned Over 1MDB

The government has also told the current attorney general, who cleared Razak of wrongdoing in 2016, to go on leave, and has relieved the country's treasury chief, who is also the 1MDB chairman.

Shukri was addressing a news conference after Najib arrived at the headquarters of the Malaysian Anti-Corruption Commission (MACC), which has ordered him to explain a suspicious transfer of $10.6 million into his bank account.

So far, the MACC only summoned Najib and has yet to decide to call any other individual, he said.

The sum is just a fraction of billions of dollars allegedly siphoned from state fund 1MDB, a scandal that dogged the last three years of Najib's near-decade-long rule and was one of the main reasons why voters dumped him in an election on May 9.

The task force will include representatives of the anti-graft agency, the police and the attorney-general's office.

"I reached Washington DC and me and my team noticed I was being followed by someone", he said.

"I was sent a bullet to my house".

Rosmah Mansor, who is the wife of recently ousted Prime Minister Najib Razak, is believed to have spent close to $8 million Australian dollars between 2008 and 2015.

"As former victims of early dawn police raids, I must stress my disagreement in ransacking any home at such an ungodly hour", said ruling coalition politician Nurul Izzah, the daughter of Anwar Ibrahim- a reformist who was recently released from jail on Wednesday and given full pardon.

With friends like Trump, who needs enemies: European Union chief
French oil and gas giant Total has made a decision to cancel a multi-billion-dollar project in Iran unless it is granted a waiver by US authorities.

The focus is on the asset recovery to bring back all the money and asset revenue from the 1MDB case offence.

"I pray that after this divisive period, the country will unite", he said.

Najib and his wife have been barred from leaving the country after the new government reopened an investigation into the case.

A government official has said Najib could possibly be detained after giving his statement to Malaysia's Anti-Corruption Commission.

Najib has denied any wrongdoing since the scandal erupted in 2015.

Najib has said $681 million of funds deposited in his personal bank account were a donation from a Saudi royal, rebutting reports that the funds came from 1MDB.

SRC International was a subsidiary of 1Malaysia Development Berhad (1MDB) before it was placed under the Finance Ministry in 2012.

The new 1MDB task force will liaise with enforcement agencies in the United States, Switzerland, Singapore, Canada and other related countries.

Authorities in Malaysia are wasting no time in probing tainted wealth fund 1MDB. "Whenever possible, recovered assets will be used to benefit the people harmed by these acts of corruption and abuse of office".

Recommended:

  • Donald Trump willing to walk away from North Korea talks: Pence

    Donald Trump willing to walk away from North Korea talks: Pence

    North Korea has been "effective" in "possibly generating or stealing hundreds of millions of dollars in value", Moriuchi told CNN. Kim has visited China twice in recent months to meet with Xi, while Trump has also spoken by phone with the Chinese leader.
    Nikki Haley claims Israel has acted with 'restraint' in Gaza

    Nikki Haley claims Israel has acted with 'restraint' in Gaza

    South Africa's Julius Malema has condemned African countries for attending the opening of the United States embassy in Jerusalem . Embassy's relocation from Tel Aviv , seeing it as a one-sided move that invalidates the U.S.as a Mideast peace broker.
    Black Ops 4 Battle Royale Mode is a Mistake

    Black Ops 4 Battle Royale Mode is a Mistake

    Here is a look at why you should pre-order Call of Duty: Black Ops 4 today, and why you shouldn't pull the trigger yet. More details on Black Out and how it fits in the entire Call of Duty: Black Ops 4 ecosystem will be coming.
  • German foreign minister says to meet with Pompeo over Iran deal

    German foreign minister says to meet with Pompeo over Iran deal

    Iran must also "release all U.S. citizens" missing in Iran or being held on "spurious charges", he said. Pompeo flew to Brussels for a NATO Foreign Ministers meeting just hours after being sworn in.
    'Spiderman' AB de Villiers takes miraculous catch

    'Spiderman' AB de Villiers takes miraculous catch

    While De Villiers struck as many as 12 fours and one six, Ali's innings was laced with two boundaries and six hits over the fence. The duo went hammer and tongs as an otherwise tidy Sunrisers bowling attack looked clueless in front of the onslaught.
    Scientists suggest someone is secretly making banned ozone-depleting chemical

    Scientists suggest someone is secretly making banned ozone-depleting chemical

    Currently, the damage done to the ozone's recovery is minor, but if left unchecked, it could worsen the hole in the ozone layer. CFC-11 is an ozone-depleting chemical whose phase out agreed upon in the '80s and has been under an worldwide ban since 2010.
  • US Steel is tumbling after Trump does a 180 on trade (X)

    US Steel is tumbling after Trump does a 180 on trade (X)

    A week ago, Trump tweeted that he was working with Chinese President Xi Jinping to put ZTE "back in business, fast". US Steel is tumbling after President Donald Trump announced he will pause US tariffs on Chinese goods.
    Drug To Prevent Chronic Migraine Gets FDA Approval

    Drug To Prevent Chronic Migraine Gets FDA Approval

    However, earlier this month, Teva informed that it does not expect to get FDA approval for fremanezumab on its PDUFA date in June. Food and Drug Administration (FDA ) for its key drug Aimovig (erenumab) as a preventive treatment of migraine in adults.
    Kristen goes barefoot at Cannes

    Kristen goes barefoot at Cannes

    Away from the footwear controversy, the screening attended by Kristen Stewart proved to be a success story at Cannes . Once again a celebrity caused a stir on the red carpet, reports the Chronicle.info with reference to ShowDream.
  • Royal Wedding 2018: The bridesmaids and pageboys

    Royal Wedding 2018: The bridesmaids and pageboys

    Prince Harry looked dashing in his royal formal wear, and Meghan looked stunning in her understated white Givenchy wedding gown. What most people didn't notice, however, was the royal raspberry Princess Charlotte gave the cameras and crowd outside of St.
    Reuben Foster's Ex-Girlfriend: Domestic Violence Claim 'A Money Scheme'

    Reuben Foster's Ex-Girlfriend: Domestic Violence Claim 'A Money Scheme'

    During her testimony, Ennis admitted that she took Foster's money and some jewelry that had been stored in a safety deposit box. According to Ennis, she sustained her injuries in a fight that took place in San Francisco on the night of February 10.
    Batwoman will be introduced in next Arrowverse crossover event

    Batwoman will be introduced in next Arrowverse crossover event

    The character has previously been in relationships with Renee Montoya and Maggie Sawyer (a connection The CW is surely aware of). Yes, the network's shared universe is about to make way for a member of the Bat-family and we couldn't be more excited about it.


Popular

Yeddyurappa Invited To Form Govt: BJP Tweets & Deletes
Congress leader Ghulam Nabi Azad even went on to say that the governor can not take sides and must cut previous ties. While BJP claims to have the support of 4 MLAs from Congress, it still needs to get four more MLAs.

Caps' Backstrom a game-time decision to return from injury
Washington could get a boost if center Nicklas Backstrom , who has missed the last four games with an injured hand, returns. We'd get a chance and they ice, so that was one of the main reasons". "We were able to reset there and had a better third".

India looks to revive ties with North Korea
The talks, though, are seems like keen to focus largely on bilateral ties and North Korea's nuclear programme. After the recent thaw between the US and North Korea , India seems to have changed its strategy, sending Mr.

Congress invokes 'K'taka model' in Goa; RJD in Bihar
In the 2015 Bihar state polls, former Chief Minister Lalu Prasad's RJD emerged as the single largest party. The BJP however countered that by stating that the Congress in Goa never staked a claim.

Authorities believe missing child may be in Iowa or Minnesota
According to law enforcement, both parents are considered heavy methamphetamine users and there is concern for Dakota's wellbeing. Dakota Ray , a 2-year-old girl who has been missing since last month from Camden was found Thursday in northeast Iowa.

Injured Payet misses out on France's 23-man World Cup squad
Head coach of France Didier Deschamps presented the final squad for the world Cup in Russian Federation . France have been drawn in Group C along with Australia, Peru and Denmark.

Instagram will now let you re-share public posts to your Stories
Earlier it was reported that the team of Instagram has added the feature to their own payment for your application for some users. To share a feed post to your story , just tap the paper airplane button below the post, just as you would to send it via Direct.

No Man's Sky Xbox One release set for July, bringing multiplayer
With these updates in place, Xbox has taken user feedback into account with improved ease of access and quality of life. To link the accounts, you'll have to boot up the Discord app on PC or on mobile.

Walmart Shares Rise as E-commerce Growth Rebounds,
This year, Walmart expects to expand online grocery pickup by around 1,000 stores to reach more than 2,100 locations nationwide. Global sales rose from $27.1 billion a year ago to $30.3 billion while operating income rose from $1.1 billion to $1.3 billion.

Iran becomes third largest oil exporter to India
Earlier, US president Donald Trump announced US'S withdrawal from an agreement signed between United States, Iran and other major powers of the world.