Malaysian PM Najib’s brother received funds before 2013 elections: WSJ


Malaysian Prime Minister Najib Razak’s brother received $7 million in funds that was transferred to his personal bank account from Najib’s before the country’s 2013 elections, the Wall Street Journal said, citing investigation documents.

The funds were then disbursed to ruling party politicians, the Journal reported.

The funds transferred to Nazir Razak, chairman of state-controlled bank CIMB Group Holdings Bhd, was part of more than 500 transfers from Najib’s accounts before the elections, the bulk of which went to politicians, the Journal said.

Reuters has not independently verified those investigation documents.

Najib, who is president of the long-ruling United Malays National Organisation, is faced with calls to step down over corruption allegations after $681 million was discovered in his personal bank accounts. Najib has denied any wrongdoing, and maintained he did not take any money for personal gain.

A government-appointed Attorney General cleared Najib of any criminal offense or corruption earlier this year, claiming the funds was a political donation from the royal family of Saudi Arabia.