1MDB Hearing Spells More Trouble for Najib

  • Officials in parliament transcripts point to Najib approvals
  • Report identified billions in unauthorized transactions

Transcripts Show Najib Link to 1MDB

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Transcripts from a Malaysian parliamentary hearing into a troubled state fund highlight Prime Minister Najib Razak’s involvement in decisions on questionable transactions that bypassed the board of directors and finance ministry.

The documents from the committee’s probe of 1Malaysia Development Bhd. are a blow to Najib’s efforts to halt months of political attacks and to draw a line under allegations of irregularities surrounding the fund.