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Najib: ‘We Will Get Answers’ on 1MDB
Malaysian prime minister acknowledges concerns over governance at state investment fund
KUALA LUMPUR—Malaysian Prime Minister Najib Razak in an interview with a local newspaper acknowledged concerns over governance at state investment fund 1Malaysia Development Bhd.
The 1MDB fund is the focus of investigations in at least five countries amid allegations that billions of dollars have gone missing to fund political spending and due to corruption by individuals. In Malaysia, the fund is being probed by the anticorruption agency, the central bank, the auditor general and a parliament committee.
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