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.
Issue
Directly implicated parties
- Irwan Serigar Abdullah
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Mohd Irwan Serigar bin Abdullah is a senior public official and former Secretary General of Minister of Finance
- Najib Razak
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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
- MACC
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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.
Source
Link
Hariz Mohd, Malaysiakini, (25 Oct, 2018). MACC confirms Najib gov't allegedly used BR1M funds to repay IPIC. Retrieved 07 Jun, 2020, from
File(s)
Notes
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".