Former Malaysian prime minister Najib Razak says he shouldn’t be blamed for the multi-billion-dollar 1MDB scandal, and declares he knows nothing about money from the state fund appearing in his personal account.
He does, though, have explanations for the vast sums of cash, luxury handbags and jewelry recently seized from his homes by the Malaysian authorities.
Speaking to Reuters in his first sit-down interview since his shock May 9 election defeat, Najib said his advisors and the management and board of 1Malaysia Development Berhad (1MDB), had wrongly kept the alleged embezzlement of funds a secret from him.
Newly-elected Prime Minister Mahathir Mohamad told Reuters on Tuesday that the authorities have “an almost perfect case” against Najib on charges of embezzlement, misappropriation and bribery linked to 1MDB.
The 64-year-old politician lost the election after a decade in power at least partly because of the 1MDB scandal, which U.S. Attorney-General Jeff Sessions has described as “kleptocracy at its worst”.
Najib, in some of his most extensive comments yet on the 1MDB scandal, said he did not know if hundreds of millions of dollars that moved through his personal account was from 1MDB, and if money from the fund was eventually laundered to acquire assets globally, including yachts, paintings, gems and prime real estate.
“I’m not party to the yacht, the paintings...I’ve never seen those paintings whatsoever,” said Najib.
“I was not aware of these purchases. This was done without my knowledge. I would never authorize 1MDB funds to be used for any of these items. I’ve been in government so long, I know what’s right and what’s wrong,” Najib said in the interview held at a luxurious sea-facing private villa in a five-star hotel on the Malaysian holiday island of Langkawi.
He blamed 1MDB’s board, saying it was incumbent upon them to tell him if something was wrong.
Relaxing in a black t-shirt and brown pants, Najib said he was enjoying golf, food, and time with his family.
The family booked the villa to celebrate Eid holidays together. Najib’s children, including stepson Riza Aziz, a Hollywood film producer, were with him for the week, his aides told Reuters.
WEDDING GIFTS
Malaysian investigators looking into 1MDB say they believe that Najib and his wife Rosmah Mansor have amassed vast amounts of wealth and property using funds from the state fund. Rosmah briefly appeared at the interview but Najib said she would not take questions.
Nearly 300 boxes of designer handbags and dozens of bags filled with cash and jewelry were among the items taken away by police in raids at properties linked to Najib’s family. Items included Birkin handbags from the luxury goods maker Hermes, each worth up to hundreds of thousands of dollars.
Najib said the public seizure of handbags and other luxury items created a negative perception but most were gifts given to his wife and daughter and had nothing to do with 1MDB.
“Yes these were gifts, particularly with my daughter’s they were tagged, they were actually labeled: when, by whom,” adding that a lot of them were wedding presents.
Najib said his son-in-law Daniyar Nazarbayev, the nephew of Kazakstan President Nursultan Nazarbayev, also gifted many of the handbags to Rosmah.
“People might find it hard to understand, but my son-in-law for example, he gets Birkin from his source, five or six at one go,” he said.
“His family has got some means, so it has nothing to do with 1MDB if it comes from Kazakhstan.”
He also said 114 million ringgit found at his family home in Kuala Lumpur were party funds belonging to the United Malays National Organisation, of which he was president until he stepped down shortly after the poll. UMNO was part of the Barisan Nasional coalition that lost the election.
PINK DIAMONDS
U.S. prosecutors have alleged that more than $4.5 billion of 1MDB funds was laundered through a complex web of transactions and shell companies. The U.S. Department of Justice (DoJ) has filed several lawsuits to claim about $1.7 billion in assets believed to have been stolen from 1MDB.
Some of the assets sought include a Picasso painting, luxury real estate in South California and New York, shares in a Hollywood production company and a $265 million yacht, and more than $200 million worth of jewelry - including a 22-carat pink diamond pendant and necklace.
Najib said this jewelry set was also meant to be a gift for his wife but she never received it.
“And until today we do not know...she says the item is not in her possession,” Najib said.
In the interview, Najib for the first time also spoke at length about Low Taek Jho, a Malaysian financier better known as Jho Low. U.S. and Malaysian investigators have named Jho Low as a key figure who benefited from 1MDB funds.
Najib said he felt that Low’s connections in the Middle East, particularly with Saudi Arabia and the United Arab Emirates, could be helpful in pulling in more investment to Malaysia from those places.
But he said he had never instructed Low to get involved in 1MDB, and had no control over what he did.
ADVERTISING
“I didn’t give him instructions, but he volunteered to do certain things, which he thought would help 1MDB. But whatever he did ultimately is the responsibility of the management and board.”
Malaysia is seeking to arrest Low, believed to be residing abroad, for his involvement in the 1MDB scandal.
He described Low and Najib’s stepson Riza as friends but said he was not aware of any dealings involving 1MDB funds in Riza’s Hollywood production company, which produced The Wolf of Wall Street among other movies.
When asked if he was still in touch with Low, Najib said: “We have cut off communication again. I don’t know where he is.” Low’s lawyer did not immediately respond to a request for comment.
SAUDI CONNECTION
Najib has consistently denied any wrongdoing in 1MDB. He has said $681 million transferred into his personal bank account was a donation from Saudi Arabia, and not as U.S. lawsuits have alleged misappropriated funds from 1MDB.
Najib said he had been given assurances from the late Saudi King Abdullah bin Abdulaziz Al Saud that Saudi Arabia would be sending a donation.
“All I knew, I accepted at face value that this is coming from the Saudis, from King Abdullah at his behest, at his instruction,” Najib said.
Najib said he had no knowledge of any transactions involving his personal account, as he had appointed Nik Faisal Ariff Kamil, the director of SRC International, a former 1MDB unit, to manage it.
Malaysia’s anti-graft agency has issued an arrest warrant for Nik Faisal but his whereabouts are unknown.
NEVER HAD PLANS TO LEAVE
The former prime minister said he is determined to stay in Malaysia and fight against the allegations, even if he faces the possibility of going to jail.
“No, I never had plans to leave. Because if I leave, there’s presumption of guilt,” he said.
“I cannot be a fugitive for the rest of my life. I want to clear my name.”
Reuters
Wed Jun 20 2018
Former Malaysian prime minister Najib Razak says he shouldn't be blamed for the multi-billion-dollar 1MDB scandal, and declares he knows nothing about money from the state fund appearing in his personal account. - Reuterspic
Kekejaman zionis: Gaza lepasi ambang kebuluran enam minggu akan datang - WFP
Semenanjung Gaza bakal melepasi ambang kebuluran iaitu ketidakamanan makanan, kekurangan zat makanan dan kematian.
Kekejaman zionis: Halalkan penempatan haram di Tebing Barat berbahaya - A.S
Membenarkan penempatan haram di Tebing Barat akan menjadi tindakan berbahaya dan melulu.
JDT lancar jersi baharu bagi musim 2024
Jersi berwarna biru dan merah untuk beraksi di gelanggang keramat mereka manakala jersi berwarna putih untuk perlawanan di gelanggang lawan.
Kekejaman zionis: Israel langgar undang-undang antarabangsa - Badan pemantau
Sebuah kumpulan pemerhati dan pemantau berkata, Israel telah melanggar undang-undang antarabangsa dan hak asasi manusia di Gaza.
[LAPOR LANGSUNG] Gaza Freedom Flotilla: Cucu Nelson Mandela antara peserta misi bantuan
Penyertaannya dalam misi ini bagi sama-sama menyokong misi memecah sekatan rejim Israel bagi membolehkan penghantaran bantuan ke Gaza.
MYIPO sedia jaringan perlindungan, ayuh daftar sekarang
Tahap kesedaran masyarakat terutama komuniti industri perniagaan tempatan dalam mendaftar harta intelek masih rendah. Ketua Pengarah Perbadanan Harta Intelek Malaysia (MyIPO), Kamal Kormin, pendaftaran dibuat melalui perbadanan ini membolehkan syarikat serta pemilik entiti perniagaan mendapat jaringan keselamatan terutama dari segi perlindungan hak cipta serta pelbagai faedah lain.
Anugerah Media Digital Asia 2024 iktiraf agensi berita gunakan strategi media digital
Ia menerima 136 penyertaan tahun ini daripada pelbagai agensi berita serta media di rantau Asia termasuk Malaysia, Singapura, Indonesia.
Lapan mangsa tragedi selamat dikebumikan
Kesedihan ahli keluarga dan waris mengiringi perjalanan terakhir mangsa tragedi helikopter terhempas di Pangkalan Tentera Laut Diraja Malaysia (TLDM) Lumut, Perak di beberapa lokasi pengebumian di seluruh negara pada malam Rabu.
JKM bantu kaunseling keluarga mangsa nahas helikopter Lumut
Salbiah berkata pihak JKM telah melawat tiga keluarga mangsa dari Perak iaitu di Selama, Lekir dan Sitiawan.
Freedom Flotilla to Gaza: Cucu Nelson Mandela antara peserta misi bantuan
Penyertaannya dalam misi ini bagi sama-sama menyokong misi memecah sekatan rejim Israel bagi membolehkan penghantaran bantuan ke Gaza.
Jho Low masukkan wang RM100 juta sebagai hadiah kepada bekas peguam 1MDB
Bekas peguam 1Malaysia Development Berhadmengaku di Mahkamah Tinggi bahawa beliau menerima hadiah RM100 juta daripada ahli perniagaan dalam buruan Jho Low, walaupun telah meninggalkan syarikat itu.
'Saya percayakan Jho Low sebab dia sudah miliki wang berjuta' - Jasmine Loo
Bekas peguam 1MDB memberitahu Mahkamah Tinggi Kuala Lumpur pada Jumaat bahawa tidak terlintas di fikirannya ahli perniagaan dalam buruan Jho Low adalah seorang penipu.
Utusan Malaysia mohon maaf kepada pembaca
Portal berita tempatan Utusan Malaysia memohon maaf selepas menerbitkan artikel berhubung pengampunan bekas Perdana Menteri, Datuk Seri Najib Tun Razak.
Najib tidak maklumkan terbitan bon AS$3.5 bilion kepada Kabinet
Mahkamah Tinggi hari ini diberitahu Datuk Seri Najib Tun Razak tidak memaklumkan Kabinet mengenai terbitan bon AS$3.5 bilion.
Najib disyaki terima AS$681 juta untuk beli undi PRU13 - SPRM
Seorang pegawai penyiasat SPRM memberitahu Mahkamah Tinggi di sini pada Selasa bahawa, Datuk Seri Najib Tun Razak disyaki menerima AS$681 juta untuk membeli untuk PRU13 pada 11 tahun lalu.
Najib belanja RM80,000 untuk ubat cegah kanser pada 2013 - Pegawai penyiasat
Mahkamah diberitahu bahawa Datuk Seri Najib Tun Razak membelanjakan RM80,000 pada 2013 untuk suplemen dan vitamin bagi pencegahan kanser daripada wang derma.
Muhyiddin titipkan doa buat Najib
Semalam, Menteri Kesihatan, Dr Zaliha Mustafa dalam sidang media di Parlimen turut mengesahkan masalah kesihatan yang sedang dihadapi Najib.
Berita tempatan pilihan sepanjang hari ini
Berikut adalah berita yang paling menjadi tumpuan sepanjang Selasa, 15 Ogos 2023.
1MDB: Kerajaan sita, lucut hak harta lebih RM83 juta
Kerajaan sudah menyita dan melucut hak pelbagai harta bernilai lebih RM83 juta berkait kes penyelewengan dana 1Malaysia Development Berhad (1MDB) setakat ini.
SPRM percaya Jho Low sembunyi di Macau - Laporan
Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) percaya bahawa ahli perniagaan dalam buruan Low Taek Jho atau Jho Low bersembunyi di Macau.