Malaysia’s A-G says S$868m in PM Najib’s account a Saudi gift

(Reuters) – Malaysia’s Attorney-General said today (Jan 26) that 2.6 billion ringgit (S$868 million) transferred into Prime Minister Najib Razak’s personal bank account was a gift from the royal family in Saudi Arabia and there were no criminal offences or corruption involved.

“I am satisfied with the findings that the funds were not a form of graft or bribery,” Attorney-General Mohamed Apandi Ali told an unscheduled media conference.

“There was no reason given as to why the donation was made to Mr Najib, that is between him and the Saudi family,” he said.

He said no criminal offence was committed by Mr Najib in relation to three investigations submitted by Malaysia’s anti-graft agency and that no further action would be taken.