saudis back embattled malaysia pm on huge payment
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Saudis back embattled Malaysia PM on huge payment

Arab Today, arab today

Arab Today, arab today Saudis back embattled Malaysia PM on huge payment

Malaysian Prime Minister Najib Razak
Kuala Lumpur - Arab Today

Saudi Arabia's foreign minister has become the first official from the country to verify the Malaysian premier's claim that a $681 million payment he received was a "donation" from the kingdom.

"We are aware of the donation and it is a genuine donation with nothing expected in return," Saudi Foreign Minister Adel al-Jubeir told reporters in Istanbul on the sidelines of a Muslim summit on Thursday.

The comments were confirmed by AFP via a video of Jubeir's remarks distributed by the Malaysian government to reporters in Kuala Lumpur on Friday.

Malaysian Prime Minister Najib Razak has for months battled allegations that billions were looted from an investment company he founded, and the stunning revelation last year that he received a mysterious overseas payment of $681 million into his personal bank accounts.

Najib, who strongly denies any wrongdoing, initially vehemently denied receiving any money, but his government has since admitted the payment was made, and in January said it was a "personal donation" from the Saudi royal family.

The Malaysian government has subsequently claimed it was Saudi financial backing for Najib's promotion of "moderate Islam", denying it was looted from the Najib-linked state fund, 1Malaysia Development Berhad (1MDB).

That alibi has been widely questioned in Muslim-majority Malaysia, especially as weeks went by with no official Saudi endorsement.

"As far as we are concerned, the matter is closed," said Jubeir, who spoke as Malaysian Foreign Minister Anifah Aman looked on.

The big payment was revealed last July by the Wall Street Journal, which subsequently published investigative reports claiming that Malaysian documents showed Najib may have received hundreds of millions more.

Malaysia has been seized by allegations that 1MDB was bled of billions of dollars in a series of complex international transactions.

A Malaysian parliamentary report released last week said 1MDB made more than $3 billion in unexplained overseas payments.

Authorities in several countries including Switzerland, the United States, and Singapore are investigating possible wrongdoing in the huge fund flows.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

saudis back embattled malaysia pm on huge payment saudis back embattled malaysia pm on huge payment

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

saudis back embattled malaysia pm on huge payment saudis back embattled malaysia pm on huge payment

 



GMT 12:47 2016 Thursday ,01 September

'La La Land' musical masterpiece dazzles Venice film fest

GMT 12:42 2017 Monday ,20 February

Dalia al-Behairy begins 'Yawmiyat Zoga Mafrosa'

GMT 19:01 2017 Wednesday ,30 August

Oil prices down as US reels from Harvey

GMT 04:19 2017 Monday ,08 May

National forces attack mercenaries in Taiz

GMT 19:21 2017 Sunday ,07 May

Iranian Film Week opens in Baghdad

GMT 21:33 2017 Sunday ,30 July

Arab Quartet meeting kicks off in Bahrain

GMT 17:17 2016 Friday ,07 October

Aleppo bleeds as US and Russia spar

GMT 12:03 2015 Monday ,21 December

Nepal protester killed in constitutional crisis clash

GMT 09:47 2016 Thursday ,22 December

Trump vows to cut F-35 spending, as leaked memo

GMT 21:44 2017 Friday ,15 December

King establishes Hawar Development Committee

GMT 20:57 2017 Tuesday ,16 May

Naval Forces rescue 23 tourists in Hurghada

GMT 12:56 2017 Monday ,11 December

Lyon leave it late, Balotelli with Nice winner

GMT 06:18 2017 Thursday ,19 October

Russian delegation meets with Julphar chairman

GMT 21:20 2017 Monday ,23 October

Nasr, delegation of London Stock Exchange
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday