1MDB: AG's Chambers to cooperate with Swiss counterparts

In a statement today, the AG’s Chambers indicated its intention to undertake all possible steps to follow up and collaborate with the Swiss counterparts and looks forward to receiving the findings of their investigations and materials through the normal channels.

“These materials will be reviewed, alongside the findings of their relevant authorities and our investigations, to determine the appropriate course of action,” said Attorney-General Tan Sri Mohamed Apandi Ali.

His comments came in response to the statement by Swiss chief prosecutor that had officially seek Malaysia’s assistance in the probe that the US$4 billion (RM16.8 billion) may have been misappropriated by 1MDB.

Contrary to recent media reports, Mohamed Apandi said the AG's Chambers will exhaustively review the probe by its Swiss counterparts alongside with the findings of other relevant authorities of Malaysia’s own investigations, to determine the appropriate course of action.

Mohamed Apandi, on Tuesday announced that Prime Minister Datuk Seri Najib Tun Razak has returned a huge portion of the RM2.6 billion fund received from the royal family of Saudi Arabia.

This shows that Najib has not committed any criminal offence with regards to the RM2.6 billion fund transferred into his personal account and SRC International Sdn Bhd.

Mohamed Apandi also added the findings of the investigation has found no insufficient evidence to implicate Najib.

“The AG’s Chambers will exhaustively review the report by the Malaysian Anti-Corruption Commission and, as has been announced found no evidence of wrongdoing and have instructed for the cases to be closed.

Mohamed Apandi also added that the USD$620 million fund (RM2.03 billion) fund was refunded by Najib in August 2013 and the fund was not utilised.

“It was a personal contribution to the PM from the royal family of Saudi Arabia and it was given to him with nothing in return,” he said, during a press conference held at his office recently.

He also said that there is no requirement for the country to seek for assistance from any foreign countries for any criminal matters for the probe concerning the fund to be completed.