Saturday, April 1, 2023
British Herald
Advertisement
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
    • Middle East
    • Latin America
  • Politics
  • Business
    • ECONOMY
    • Financial Markets
    • Companies
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • BH Magazine
  • More
    • Health
    • Entertainment
    • Science & Technology
    • Climate & Environment
    • Sustainability
    • Food and Travel
    • Fashion
    • Culture and Lifestyle
    • Articles
    • Opinion
No Result
View All Result
British Herald
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
    • Middle East
    • Latin America
  • Politics
  • Business
    • ECONOMY
    • Financial Markets
    • Companies
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • BH Magazine
  • More
    • Health
    • Entertainment
    • Science & Technology
    • Climate & Environment
    • Sustainability
    • Food and Travel
    • Fashion
    • Culture and Lifestyle
    • Articles
    • Opinion
No Result
View All Result
British Herald
Home World Asia

Malaysia reopens submarine probe, questions former PM Najib

Editorial Bureau by Editorial Bureau
November 20, 2018
0
Malaysia reopens submarine probe, questions former PM Najib

FILE PHOTO: Malaysia's former Prime Minister Najib Razak arrives in court in Kuala Lumpur, Malaysia October 4, 2018. REUTERS/Lai Seng Sin

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

KUALA LUMPUR (Reuters) – Malaysian anti-graft authorities have reopened investigations into a contentious submarine deal 16 years ago involving former prime minister Najib Razak, the latest corruption probe facing the embattled Najib.

You might also like

 Pakistan hits highest inflation in 50 years

Members of exiled Chinese church detained in Thailand

Indian top opposition leader, Modi critic expelled from parliament

Since losing a May election, Najib has been charged with multiple criminal offences and has been subject to corruption investigations, some linked to a multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB).

Najib has pleaded not guilty to all charges.

Investigators with the Malaysian Anti Corruption Commission (MACC) are now also looking at whether there had been any kickbacks in the sale of two Scorpene-class submarines to Malaysia by French warship builder DCN International (DCNI) in 2002, when Najib was defence minister, according to local daily The Star citing MACC sources.

One source cited by The Star said Najib was summoned to give a statement on the submarine deal on Monday and that investigators will be taking statements from others, including Najib’s former aide, Abdul Razak Baginda, who is being investigated by French financial prosecutors over the deal.

DCNI later became a new entity called DCNS, which in turn rebranded itself as Naval Group last year. French defence company Thales owns around a third of Naval Group.

French authorities began investigating the deal after Malaysian human rights group Suaram alleged the sale resulted in some $130 million of commissions being paid to a company linked to Najib.

Last August, French prosecutors said they had placed two former executives at Thales and DCNS under preliminary investigation as part of a probe into the 2002 submarine sale.

A spokesman from Thales declined to comment at the time.

A spokesman for Naval Group also declined to comment but added: “We scrupulously respect all the relevant national and international legislations”.

Earlier investigations by Malaysian authorities did not find any evidence linking Najib directly to corruption in the deal.

Najib’s aides did not respond immediately to requests for comment. Najib and his supporters have consistently denied any wrongdoing in the submarine deal.

The 1MDB scandal was one of the major reasons for Najib’s election defeat. The fund is the subject of corruption and money-laundering investigations in at least six countries.

U.S. authorities say $4.5 billion was siphoned from 1MDB and about $700 million was diverted into Najib’s personal bank accounts. He has denied any wrongdoing.

(Reporting by Joseph Sipalan; Editing by Michael Perry)

Share30Tweet19
Editorial Bureau

Editorial Bureau

Recommended For You

 Pakistan hits highest inflation in 50 years

April 1, 2023
Pakistan Inflation

Year-on-year inflation in Pakistan reached 35.37 percent in March, the highest level in nearly five decades. As the government scrambled to satisfy International Monetary Fund (IMF) conditions in...

Read more

Members of exiled Chinese church detained in Thailand

March 31, 2023
60 members of a Chinese Christian church are in detention in Thailand.

According to supporters, more than 60 members of a Chinese Christian church are in detention in Thailand. This is a raising concern that they may be sent to...

Read more

Indian top opposition leader, Modi critic expelled from parliament

March 25, 2023
Rahul Gandhi expelled by Modi Government

Rahul Gandhi, India’s top opposition leader and fierce critic of Prime Minister Modi was expelled from Parliament Friday. Rahul Gandhi's removal from parliament as a result of his...

Read more

Road accident in Hong Kong leaves some 70 people injured

March 24, 2023
Road accident in Hong Kong

Four passenger buses and a truck collided near a Hong Kong road tunnel Friday.  About 70 people were injured, including children, most of the injuries were minor. The...

Read more

Ma Ying-jeou, former Taiwan leader will visit China

March 20, 2023
Ma Ying-jeou, former Taiwan leader will visit China

Former Taiwan President Ma Ying-jeou will visit China next week. In an effort to defuse hostilities between the self-governing island and the mainland, according to a spokesman. Ma...

Read more
No Result
View All Result
Pakistan Inflation

 Pakistan hits highest inflation in 50 years

April 1, 2023
UK joins trans-Pacific trade bloc: Likely to boost GDP

UK joins trans-Pacific trade bloc: Likely to boost GDP

April 1, 2023
Army accused of holding back info on missing students in Mexico

Army accused of holding back info on missing students in Mexico

April 1, 2023

Tags

amazon australia boris johnson brexit britain British Herald CHINA Coronavirus coronavirus cases coronavirus outbreak COVID-19 COVID-19 Vaccine daily roundup Donald Trump Dubai expo 2020 england European Union facebook France germany Hong Kong india iran israel italy japan joe biden lockdown London new zealand north korea Rishi Sunak russia south korea spain T20 T20 World Cup taiwan thailand trending Trump turkey UK Ukraine usa
British Herald

Top News in World: Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.

CATEGORIES

  • Africa
  • Articles
  • Asia
  • Brand Feature
  • Business
  • Climate & Environment
  • Companies
  • Crypto
  • Culture and Lifestyle
  • Daily Roundup
  • Economics
  • ECONOMY
  • edel
  • Entertainment
  • Europe
  • Fashion
  • Finance
  • Financial Markets
  • Fintech
  • Health
  • IN UK 01
  • IN UK 02
  • Investing
  • Latin America
  • Market
  • Middle East
  • nsp
  • Oceania
  • Opinion
  • Pharma/BioTech
  • Politics
  • Reviews
  • Science & Technology
  • Sport
  • Sustainability
  • Tech
  • Technology
  • Travel
  • UK
  • Uncategorized
  • USA
  • Videos
  • World

BROWSE BY TAGS

amazon australia boris johnson brexit britain British Herald CHINA Coronavirus coronavirus cases coronavirus outbreak COVID-19 COVID-19 Vaccine daily roundup Donald Trump Dubai expo 2020 england European Union facebook France germany Hong Kong india iran israel italy japan joe biden lockdown London new zealand north korea Rishi Sunak russia south korea spain T20 T20 World Cup taiwan thailand trending Trump turkey UK Ukraine usa

Herald Media Network Limited (UK). 2023. ALL RIGHTS RESERVED.

No Result
View All Result
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
    • Middle East
    • Latin America
  • Politics
  • Business
    • ECONOMY
    • Financial Markets
    • Companies
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • BH Magazine
  • More
    • Health
    • Entertainment
    • Science & Technology
    • Climate & Environment
    • Sustainability
    • Food and Travel
    • Fashion
    • Culture and Lifestyle
    • Articles
    • Opinion

Herald Media Network Limited (UK). 2023. ALL RIGHTS RESERVED.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?