Wednesday, 21 November, 2018

Malaysia: Ex-PM Najib Razak given bail after pleading not guilty

Najib's Son to be Called in for Questioning at MACC Tomorrow Regarding 1MDB Scandal- WORLD OF BUZZ Rosmah's son, Riza Aziz, arrives at MACC to have statement recorded
Andrew Cummings | 05 July, 2018, 03:28

Riza was earlier seen at the Court Complex in Kuala Lumpur where his stepfather Datuk Seri Najib Razak was charged for criminal breach of trust and abusing his position as prime minister and finance minister to gain gratification involving funds to 1Malaysia Development Berhad's (1MDB) then subsidiary SRC International Sdn Bhd.

The former head of government pleaded not guilty to all the charges.

Najib pleaded not guilty to the charges arising from an investigation into a scandal-plagued state fund, 1Malaysia Development Berhad (1MDB), which he founded nearly a decade ago.

Najib was arrested at his home on Tuesday, less than two months after an unexpected election defeat to a coalition led by his mentor-turned-foe Mahathir Mohamad.

Mr Najib has always denied the corruption charges and had been cleared by Malaysian authorities while in power, but he is being investigated by several other countries.

There were also shouts of "Melayu" and "Hidup Melayu", a cheer championing Malays, the country's dominant race, as well as chants for Najib to be released.

However, he just chuckled and said, "I believe you have to ask the Attorney General about that".

Riot police arrives at court house in Kuala Lumpur, Malaysia.

Najib, 64, has accused Malaysia's new government of seeking "political vengeance".

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In a pre-recorded message posted on Twitter after his arrest, Najib said he was not flawless and "not all the accusations against me and my family are true".

"As a normal human being, I am not ideal but believe me that the accusations against me and my family are not all true", he said.

The ex-Prime Minister said that he hoped that the court case will follow the rule of law.

Apart from the probe into Red Granite Pictures, the DOJ has also embarked on its biggest-ever Kleptocracy Asset Recovery Initiative to claim assets worth US$4.5 billion which was allegedly embezzled from 1MDB between 2009 and 2014 and laundered globally.

He and his wife were questioned last month over the SRC case by the anti-graft agency and were barred from leaving the country.

Police have also seized jewellery and valuables valued at more than 1.1 billion ringgit from properties linked to Najib.

The US Department of Justice has said over US$4.5 billion was siphoned from the fund. Najib insisted the funds were a donation. With that, let's hope that Najib will be tried justly as the case furthers.

Bridget Welsh, a Southeast Asia expert at John Cabot University in Rome, said Najib's arrest was the "inevitable outcome" after he lost power.

"It signals a new era where no one in public office will be immune from punitive action if they abuse power", he added.

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