Tuesday 26 January 2016

MACC says will ‘most likely’ appeal AG’s decision to close SRC, RM2.6b probes

At a press conference yesterday, AG Tan Sri Mohamed Apandi Ali announced that he has found no evidence of wrongdoing in the corruption probes on SRC International, a unit formerly owned by 1Malaysia Development Berhad (1MDB), and the transfer of a RM2.6 billion donation into Prime Minister Datuk Seri Najib Razak’s (pic) private accounts. — Reuters pic

KUALA LUMPUR, Jan 27 — The Malaysian Anti-Corruption Commission (MACC) may appeal the Attorney-General’s (AG) decision on the SRC International and RM2.6 billion cases, according to its special operations director Datuk Bahri Mohd Zin.
Bahri said it was “most likely” that the MACC would consider appealing the AG to reconsider its decision in the “straightforward case”, The Star Online reported today.
At a press conference yesterday, AG Tan Sri Mohamed Apandi Ali announced that he has found no evidence of wrongdoing in the corruption probes on SRC International, a unit formerly owned by 1Malaysia Development Berhad (1MDB), and the transfer of a RM2.6 billion donation into Prime Minister Datuk Seri Najib Razak’s private accounts.
He added the he will return the investigation papers to the MACC and instruct them to close the cases.
In addressing questions surrounding the cash deposits into the PM’s private accounts, Apandi said a sum totalling US$681 million (RM2.08 billion) from the Saudi royal family was transferred in batches between March and April 2013.
He added that investigations showed a sum of US$620 million (RM2.03 billion) was returned by Najib in August that same year because “the sum was not utilised”.
Apandi also said that investigations showed no evidence the prime minister had used his position to approve a government guarantee of a RM4 billion loan from the Retirement Fund Incorporated (KWAP) into SRC International.
He added that there was no evidence showing Najib being solicited or promised any gratification from any party before, during or after the Cabinet decision was made, nor was there evidence on there being a conflict of interest.
In a response last night, PM Najib said that he welcomes Apandi’s decision on the SRC International and RM2.6 billion cases, and urged the public to put the matter to rest.
In a statement on his Facebook page, the prime minister also called the issue an “unnecessary distraction” for the country and said Apandi’s decision only confirmed his position all along that no crime had been committed.

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