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View all search resultsNajib's lawyers demand answers from WSJ
1MDB: In this May 14, 2015 photo, state investment fund 1 Malaysia Development Berhad's (1MDB) Tun Razak Exchange development site is pictured in Kuala Lumpur, Malaysia
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1MDB: In this May 14, 2015 photo, state investment fund 1 Malaysia Development Berhad's (1MDB) Tun Razak Exchange development site is pictured in Kuala Lumpur, Malaysia. Malaysia's state investment fund 1MDB says it has never provided any funds to Prime Minister Najib Razak, denying reports that entities linked to the fund had funneled $700 million ($2.6 billion) into Najib's personal accounts. (AP Photo/Joshua Paul) (1MDB) Tun Razak Exchange development site is pictured in Kuala Lumpur, Malaysia. Malaysia's state investment fund 1MDB says it has never provided any funds to Prime Minister Najib Razak, denying reports that entities linked to the fund had funneled $700 million ($2.6 billion) into Najib's personal accounts. (AP Photo/Joshua Paul)
1MDB: In this May 14, 2015 photo, state investment fund 1 Malaysia Development Berhad's (1MDB) Tun Razak Exchange development site is pictured in Kuala Lumpur, Malaysia. Malaysia's state investment fund 1MDB says it has never provided any funds to Prime Minister Najib Razak, denying reports that entities linked to the fund had funneled $700 million ($2.6 billion) into Najib's personal accounts. (AP Photo/Joshua Paul)
Lawyers for Malaysia Prime Minister are demanding that The Wall Street Journal (WSJ) state clearly whether it believes he had misappropriated US$700 million as implied in its articles.
Dow Jones & Company, the publisher of the US-based newspaper, has two weeks to reply 'yes' or 'no', according to a letter dated July 8 from the lawyers.
In the letter, law firm Hafarizam Wan & Aisha Mubarak want confirmation from the Dow Jones board of directors on the newspaper's stand.
'We are instructed to procure your position because the articles collectively suggest that you are unsure of the original source of the money and what happened to the money.
'On the other hand, the general gist of the articles creates a clear impression that our client has misappropriated about $700 million belonging to 1MDB.'
The firm was referring to the WSJ articles 'Malaysia Leader's Accounts Probed' and 'Scandal in Malaysia' published on July 2 and 6, respectively.
Lawyer Mohd Hafarizam Harun said they also wanted WSJ to state the source of the money and whether the funds were deposited into Najib Razak's personal bank accounts.
After scrutinising the articles, the lawyers concluded that the reports made reference to vague facts and companies, he said.
He said the articles claimed Najib was under probe over the 1MDB controversy and references were made to indirect transactions implicating him with 1MDB-linked companies.
A spokesman for Dow Jones, when contacted yesterday, said: 'We stand behind our fair and accurate coverage of this evolving story.' (hhr)
