Malaysia Auditors Find Nothing Suspicious in 1MDB’s Finances
This article is for subscribers only.
An audit of Malaysia’s troubled state investment company didn’t find any suspicious activity, providing a reprieve for Prime Minister Najib Razak as he fends off claims that money connected to the firm may have ended up in his own bank accounts.
While the investigation continues, and the Auditor General’s office told lawmakers that 1Malaysia Development Bhd. didn’t hand over all the requested documents related to its finances, its initial report didn’t turn up any wrongdoing.