Malaysia’s Najib to Probe Melbourne Property Graft Allegations
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Malaysian authorities will investigate allegations made by an Australian newspaper linking officials of a government agency with property fraud in Melbourne, Prime Minister Najib Razak said late Tuesday.
The Age reported that officials had been involved in buying property at inflated prices. The allegations come as Najib’s government grapples with a scandal involving state investment company 1Malaysia Development Bhd., which has come under scrutiny for overpaying for assets with borrowed money.