NAJIB BRACES FOR ARREST AS MAHATHIR UNLEASHES 1MDB BOMBSHELLS: EXTENT OF WRONGDOING FAR GREATER THAN PUBLIC REALIZES, GANI PATAIL WAS ABOUT TO CHARGE NAJIB WHEN HE WAS FIRED, IT’S NOW UP TO THE POLICE WHEN THEY WANT TO SUMMON NAJIB, SAYS DR M

The extent of wrongdoing in 1MDB is far greater than what is publicly known, revealed Dr Mahathir Mohamad today.

The prime minister drew the conclusion after being briefed by police and auditor-general Madinah Mohamad over the scandal involving the state investment firm.

“It was clear that the wrongdoing is more than what was known by the public, and by me.

“We will take action to lodge a police report. When there is an opportunity we will make the arrest, we will get the person involved in the wrongdoing,” he added.

Meanwhile, Mahathir said the government will write to US, Singapore and Switzerland to repatriate allegedly misappropriated 1MDB-linked funds.

“We will recover this money from US, Switzerland and Singapore, probably Luxembourg also. We will contact them to recover the money.

“There was no admission from the administration of Najib Abdul Razak that the money belonged to us, therefore no application to claim the funds.

“But, we want to state that the money was from 1MDB and Malaysia, we will apply to recover the funds,” he added.

Mahathir noted he was unclear of the amount of funds linked to the sovereign fund still overseas, but he knew there was US$4.5 billion in US.

He added that it is up to the police whether to summon Najib to record a statement over the scandal. – MKINI

Dr M: Gani said was about to charge Najib when axe fell

PUTRAJAYA — Former Attorney-General Tan Sri Abdul Gani Patail claimed he had prepared charges against Datuk Seri Najib Razak before he was abruptly removed, according to Tun Dr Mahathir Mohamad.

Gani had been leading a special task force to investigate the 1Malaysia Development Bhd (1MDB) scandal prior to his enforced departure, which the government then purported to be due to his failing health.

“I met with him yesterday to learn what happened when he was removed and what was the result of his investigations,” Dr Mahathir recounted from their meeting yesterday at the Perdana Leadership Foundation here.

“He claimed he was preparing to charge Najib and that morning, he was deprived of his position,” Dr Mahathir told reporters today. – MALAY MAIL

Dr M confident can recover 1MDB money, including RM17.8b in US

PUTRAJAYA -Tun Dr Mahathir Mohamad said his administration can reclaim the bulk of 1Malaysia Development Bhd’s (1MDB) funds as part of its action plan to address the country’s debt level.

The prime minister said Malaysia will contact other countries where 1MDB funds are believed to be held, in a bid to collect the money that the previous Barisan Nasional (BN) government had refused to acknowledge as belonging to the state investment firm and related entities.

“The focus on corruption is important as there is still money in Switzerland, Singapore and America. Before, there was no confession from Najib that the money was from 1MDB and was laundered in the States,” he said, referring to former PM Datuk Seri Najib Razak.

“The amount is quite large and it can help us to solve some debts. We don’t know exactly how much, but in America alone, the total is US$4.5 billion (RM17.83 billion),” said Dr Mahathir, citing the figure stated in the US Department of Justice’s (DOJ) kleptocracy action. – MALAY MAIL

MKINI / MALAY MAIL