January 07, 2020

Recordings Show Najib’s Effort to Seek Help on 1MDB Scandal
(Bloomberg) -- Malaysian investigators played audio recordings of former premier Najib Razak seeking help from people including a member of Abu Dhabi royalty and former prosecutors to try to untangle himself from the 1MDB scandal in 2016.One of the clips show Najib reaching out to Abu Dhabi’s Crown Prince Mohammed bin Zayed to secure a meeting to discuss how to resolve the “impasse” relating to 1MDB and Abu Dhabi’s International Petroleum Investment Co. in a July 26, 2016, conversation. That followed the U.S. Department of Justice filing lawsuits to seize assets linked to 1MDB and saying $3.5 billion had been misappropriated from the Malaysian state fund.The Malaysian Anti-Corruption Commission has verified the recordings and can vouch for their authenticity, Chief Commissioner Latheefa Koya told reporters in the administrative capital of Putrajaya. The agency will hand the clips to the police as they show elements of abuse of power, obstruction of justice and fabrication of evidence, which fall under the penal code, she said.Najib is undergoing trial to face dozens of charges linked to his role in the troubled state fund 1MDB, which is at the center of global investigations into corruption and money laundering.“I am shocked by the revelation and I am studying its content and I have referred the matter to my lawyer,” Najib said to reporters outside the Kuala Lumpur courtroom. He said he needed to review the matter when asked to confirm the veracity of the clips.The nine clips also show conversations between Najib and people including his wife Rosmah Mansor and former anti-corruption chief Dzulkifli Ahmad.Investigation PapersIn a recording dated Jan. 5, 2016, then-public prosecutor Dzulkifli said to Najib he was worried that the 1MDB investigation papers were known to about 20 people, and asked, “how can we cover this up?” Dzulkifli also said to Najib that he and former Attorney-General Apandi Ali can handle the matter on the legal side. Dzulkifli was appointed as chief commissioner at the anti-graft agency the following August.On Jan. 26 of that year, Apandi held a press conference clearing Najib of all wrongdoing.In Najib’s July 2016 discussion with Abu Dhabi’s crown prince, he sought help signing a loan agreement for his stepson Riza Aziz’s movie “The Wolf of Wall Street.” Najib said such an agreement would “show it’s a legitimate financing package, it’s not money laundering.”‘Wolf of Wall Street’ Producer to Pay $60 Million SettlementThe former premier said he was worried Riza would be made a scapegoat.“I don’t want him to be a victim when he was totally unaware of the source of money,” Najib said in the conversation with Abu Dhabi’s crown prince.In another recording, Rosmah told Najib to withdraw an arbitration between 1MDB and IPIC. They discussed inviting representatives from the United Arab Emirates to settle the matter without arbitration.(Updates with comment from Najib in fifth paragraph.)\--With assistance from Hadi Azmi.To contact the reporter on this story: Anisah Shukry in Kuala Lumpur at ashukry2@bloomberg.netTo contact the editors responsible for this story: Yudith Ho at yho35@bloomberg.net, Chan Tien HinFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
Latest News
Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Issa Rae and Yvonne Orji Dish on Season 5 of ‘Insecure’
October 23, 2021
KA7ZEjY3rvk
Kristen Stewart Opens Up on 'Eternals' LGBTQ Inclusion, Ruby Rose Battles with WarnerBros | The Take
October 22, 2021
7d3MFpaP2L8
AT&T Stock Falls Following Q3 Earnings Results
October 21, 2021
LZNkmpoVefA
JoJo Siwa's MAJOR "DWTS" Hair Transformation
October 23, 2021
4cF2KFqVccI
Kendall Jenner & Devin Booker's Courtside PDA
October 23, 2021
Zfp0pDcZAJU
Necessary Realness: Kravis Engaged & Scott Disick's Red Flags | E! News
October 23, 2021
qxT1EMh6s3o
Teresa's engagement, Lala's breakup and more Virtual RealiTea drama | Page Six Celebrity News
October 22, 2021
pL6thz9zRWc
Cynthia Bailey wants to protect husband Mike Hill from ‘reality TV curse’ | Page Six Celebrity News
October 22, 2021
TO1ltz90FV0
De Niro’s estranged wife won’t get half of his acting income | Page Six Celebrity News
October 22, 2021
SIQj1AuioZs
Sisqo Has Advice For Drake On Dealing With Impostors, Don't Sue Them | TMZ
October 22, 2021
VkjnwYMtkRo
Snoop Dogg's 50th Birthday Party, Fully Lit Old School Playas Ball | TMZ TV
October 22, 2021
kc62svaZeVo
Leslie Jordan Conflicted Over Dave Chappelle Special and Netflix Controversy | TMZ TV
October 22, 2021
te1ul4AYesM
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians

Sports

Latest sport results, news, videos, interviews and comments
Latest Events
19
Nov
ASIAN CHAMPIONS LEAGUE: Group H
Sydney FC - Shanghai SIPG
17
Nov
UEFA NATIONS LEAGUE A: Group Stage
Spain - Germany
14
Nov
UEFA NATIONS LEAGUE A: Group Stage
Germany - Ukraine
08
Nov
ENGLAND: Premier League
Manchester City - Liverpool
08
Nov
ENGLAND: Premier League
Arsenal - Aston Villa
08
Nov
SPAIN: La Liga
Valencia - Real Madrid
08
Nov
ITALY: Serie A
AC Milan - Verona
08
Nov
ENGLAND: Premier League
West Bromwich Albion - Tottenham Hotspur
08
Nov
ITALY: Serie A
Bologna - Napoli
08
Nov
ITALY: Serie A
Genoa - Roma
08
Nov
ITALY: Serie A
Atalanta - Inter Milan
08
Nov
ITALY: Serie A
Lazio - Juventus
08
Nov
GERMANY: Bundesliga
Bayer Leverkusen - Borussia Monchengladbach
08
Nov
ENGLAND: Premier League
Leicester City - Wolves
08
Nov
GERMANY: Bundesliga
Wolfsburg - Hoffenheim
08
Nov
SPAIN: La Liga
Real Valladolid - Athletic Bilbao
08
Nov
SPAIN: La Liga
Levante - Alaves
08
Nov
SPAIN: La Liga
Real Sociedad - Granada CF
08
Nov
ITALY: Serie A
Torino - Crotone
08
Nov
SPAIN: La Liga
Getafe - Villarreal
07
Nov
GERMANY: Bundesliga
Borussia Dortmund - Bayern Munich
07
Nov
ENGLAND: Premier League
Everton - Manchester United
07
Nov
ENGLAND: Premier League
Chelsea - Sheffield United
07
Nov
SPAIN: La Liga
Atletico Madrid - Cadiz
07
Nov
SPAIN: La Liga
Barcelona - Real Betis
07
Nov
GERMANY: Bundesliga
Augsburg - Hertha Berlin
07
Nov
GERMANY: Bundesliga
Stuttgart - Eintracht Frankfurt
07
Nov
GERMANY: Bundesliga
RB Leipzig - SC Freiburg
07
Nov
ENGLAND: Championship
Rotherham - Preston NE
07
Nov
ITALY: Serie A
Parma - Fiorentina
07
Nov
ENGLAND: Championship
Watford - Coventry
07
Nov
ENGLAND: Championship
Norwich City - Swansea City
07
Nov
ENGLAND: Championship
Blackburn - QPR
07
Nov
ENGLAND: Championship
Derby County - Barnsley
07
Nov
ENGLAND: Championship
Huddersfield - Luton
07
Nov
ENGLAND: Championship
Nottingham Forest - Wycombe Wanderers
07
Nov
ENGLAND: Premier League
West Ham United - Fulham
07
Nov
ENGLAND: Championship
Sheffield Wednesday - Millwall
07
Nov
ENGLAND: Championship
Brentford - Middlesbrough
07
Nov
ENGLAND: Championship
Birmingham - Bournemouth
07
Nov
SPAIN: La Liga
Sevilla - Osasuna
07
Nov
ITALY: Serie A
Benevento - Spezia
07
Nov
ENGLAND: Premier League
Crystal Palace - Leeds
04
Nov
CHAMPIONS LEAGUE: Group stage, Group G
Ferencvaros - Juventus
04
Nov
CHAMPIONS LEAGUE: Group stage, Group G
Barcelona - Dynamo K.
03
Nov
CHAMPIONS LEAGUE: Group stage, Group A
Salzburg - Bayern Munich
03
Nov
CHAMPIONS LEAGUE: Group stage, Group D
Atalanta - Liverpool
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
zWJ3MxW_HWA L1eLanNeZKg i1XRgbyUtOo -g9Qziqbif8 0vmRhiLHE2U JFCZUoa6MYE UfN5PCF5EUo 2PV55f3-UAg W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k
Copyright © 2020 Feedimo. All Rights Reserved.