| A new report by the Wall Street Journal (WSJ) alleges that deposits into the personal account of Malaysia’s Prime Minister Najib Razak topped $1 billion, thereby threatening to deepen an ongoing scandal surrounding the premier’s involvement in mismanaging money linked to a beleaguered state fund.
The WSJ report, just the latest in a series of damaging reports by the newspaper which started in July 2015, cites sources as saying that most of the money deposited into Najib’s account is linked to the 1 Malaysia Development Berhad (1MDB), a debt-ridden state investment fund at the center of a high-profile corruption scandal. Najib has denied using government funds for personal gain...............................................Full Article: Source
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