KUALA LUMPUR — Detained former Malaysian Prime Minister Najib Razak issued a rare apology Thursday over the plundering of state investment funds worth billions of dollars 'under my watch' while reiterating his innocence.
KUALA LUMPUR — Detained former Malaysian Prime Minister Najib Razak issued a rare apology Thursday over the plundering of state investment funds worth billions of dollars 'under my watch' while reiterating his innocence.Najib set up the 1Malaysia Development Berhad state fund, or 1MBD, shortly after taking power in 2009.Investigators said more than $4.5 billion was stolen from the fund and laundered by his associates to finance Hollywood films and extravagant purchases.
For that, I would like to apologize unreservedly to the Malaysian people,' Najib said in a statement, adding he was 'still in deep shock knowing now the extent of the wretched and unconscionable shenanigans, and illegal things that happened in 1MDB.'He also said he should have 'acted differently' but was misled.
Ex-Malaysian PM Apologizes For Fund Misuse Scandal
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