1MDB Probe Revived by Group That Found $4.2 Billion of Odd Deals
- Malaysia parliamentary committee ended investigation in 2016
- Committee had called on police to question former 1MDB CEO
Najib Razak
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
A Malaysian parliamentary committee will reopen its probe into state fund 1MDB amid accusations important information was omitted from an earlier investigation that took place when the previous government was in power.
Parliament approved Finance Minister Lim Guan Eng’s motion for the investigation to be restarted, according to proceedings late Thursday. Lim said it would allow former premier Najib Razak to clear his name and shed more light on wrongdoing that allegedly occurred at the investment company, the Star newspaper reported.