MACC confirms Najib gov't allegedly used BR1M funds to repay IPIC

Najib Abdul Razak's administration allegedly redirected government funds, including those meant for the BR1M programme to repay money owed by 1MDB to International Petroleum Investment Co (IPIC), confirmed MACC deputy chief commissioner Azam Baki.



Directly implicated parties

Irwan Serigar Abdullah
Mohd Irwan Serigar bin Abdullah is a senior public official and former Secretary General of Minister of Finance
Najib Razak
Mohd Najib bin Abd Razak is a Malaysian politician who served as the 6th Prime Minister of Malaysia from 2009 to 2018

Indirectly implicated parties

Implicated parties through circumstantance

Disclosing Parties

Malaysian Anti-Corruption Commission, abbreviated MACC or SPRM, is a government agency in Malaysia that investigates and prosecutes corruption in the public and private sectors.



Hariz Mohd, Malaysiakini,  (25 Oct, 2018).  MACC confirms Najib gov't allegedly used BR1M funds to repay IPIC.  Retrieved 07 Jun, 2020,  from



In explaining the six charges against Najib and former Treasury secretary-general Irwan Serigar Abdullah today, a source said the duo had allegedly misappropriated government funds meant for the East Coast Rail Link (ECRL) and a gas pipeline project meant "to favour foreign contractors".