Malaysian anti-graft agency asks former PM Najib to appear

Aug 08, 2018, 06:45
Malaysian anti-graft agency asks former PM Najib to appear

This relates to the case involving SRC International, a former unit of state fund 1Malaysia Development Berhad (1MDB).

"The Mahathir regime's illegal act today, ignoring court rulings in legal proceedings in the USA and Indonesia, prove he has no interest in a fair and just process", he said in a statement Monday.

Indonesia then agreed it would hand over the yacht to Malaysia.

Hishammuddin Hussein, Malaysia's former defense minister, had said the center was crucial to curb the spread of "violent extremism" by armed groups, including the Daesh Takfiri terrorist group.

Low's whereabouts are unknown but he has previously denied wrongdoing.

"We want to know where they obtained so much money to buy such an expensive yacht", he said in a Facebook video on Monday. His Malaysian passport has been revoked and an arrest warrant issued.

Mahathir said anyone who wants to claim ownership of the yacht must show proof that the vessel was not bought with stolen funds.

"The vessel would be docked in Batam, waiting for further instructions from Jakarta on when it would be handed over to the Malaysian authorities", the source said.

He was questioned for about 45 minutes.

Najib will be meeting graft investigators at the MACC academy in Jalan Duta at 5pm Tuesday (Aug 7). Malaysia's attorney-general welcomed the boat being turned over, and said that "sensitive and delicate negotiations" had taken place between Malaysia, Indonesia and the United States to ensure it happened.

The U.S. Department of Justice says an estimated $4.5 billion (£3.4 billion) was misappropriated from 1MDB by high-level officials of the fund and their associates.

The government has said it plans to open the Equanimity to public viewing, before eventually selling it off.

The DoJ has sought to take custody of the Equanimity, after it was seized by Indonesia in February at the request of USA authorities as part of a multi-billion dollar anti-kleptocracy investigation into 1MDB.

Malaysian Prime Minister Mahathir Mohamad said that Indonesia has handed over a yacht allegedly bought with money stolen from the multibillion-dollar looting of a state investment fund.

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