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"Large number of bank accounts" seized in relation to 1MDB probe: MAS

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Malaysia

Despite Malaysian Prime Minister Najib Razak being cleared of all allegations of graft concerning to millions of dollars channelled into his bank accounts, Swiss authorities are less than convinced. 

Malaysia's attorney general cleared Najib himself of any criminal offences or corruption, declaring that $681 million deposited into his personal bank account was a gift from Saudi Arabia's royal family.

Swiss authorities mentioned that they found serious indications about $4 billion being misappropriated following a criminal investigation into state fund 1Malaysia Development Berhad (1MDB).


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