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Malaysia PM says govt will cooperate with US in 1MDB probe
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Malaysian Prime Minister Najib Razak (center) arrives for an Eid al-Fitr open house event in Kuala Lumpur, Malaysia, July 21, 2016. (AP/Vincent Thian)
M
alaysia's prime minister says he is serious about good governance and his administration will "fully cooperate" with the US Department of Justice in its probe into a US$3.5 billion scandal into a Malaysian state fund.
Najib was speaking to reporters on Thursday, a day after the US Justice Department said it has initiated action to seize more than $1 billion of the stolen money that was allegedly used to buy assets in the US by people close to Najib.
Asked for his comments, Najib said: "Allow the process to take its course but I want to say categorically that we are serious about good governance."
He said he viewed the US initiative seriously and that his government will "fully cooperate."
