PM considers legal action over links to 1MDB fund
By Agencies in Kuala Lumpur | China Daily | Updated: 2015-07-09 07:50
Malaysian police raided the office of a troubled state investment fund on Wednesday, following a report that claimed investigators looking into the firm found that nearly $700 million had been transferred to Prime Minister Najib Razak's bank account.
The Wall Street Journal reported last week that an investigation into the 1MDB fund had traced money from the debt-laden fund to Najib's personal account.
Najib has denied taking any money from 1MDB or any other entity for personal gain, and is considering legal action.
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