Najib expected to leave residence for MACC headquarters this morning

Najib expected to leave residence for MACC headquarters this morning

KUALA LUMPUR,. More than a dozen reporters have been camped out at Langgak Duta near the residence of Datuk Seri Najib Tun Razak.

The former Prime Minister is supposed to head back to the Malaysia Anti Corruption Commission(MACC) headquarters in Putrajaya for a second round of questioning over its investigations into 1Malaysia Development Berhad(1MDB).

Aside from the press there has been very little movement outside the residences, but two police outriders were seen entering the premises at around 8.45am.

On Tuesday Najib left his residence at around 9.30am to head over to the MACC headquarters.

Speaking briefly to the hordes of reporters stationed outside the MACC headquarters since early Tuesday, Najib, who wore a blue blazer, said his statement on SRC was a continuation of what he gave to MACC in 2015.

“My statement is a continuation of that, with verified documents and details as required by the MACC,” he said.

1MDB was reported to be insolvent and unable to repay its debts, two of the company’s directors have told the Finance Ministry.

The revelation was made at a meeting between the Finance Ministry and 1MDB directors Datuk Norazman Ayob and Datuk Kamal Mohd Ali.

Finance Minister Lim Guan Eng was also quoted lambasting 1MDB chief executive officer and president Arul Kanda Kandasamy as “utterly dishonest and untrustworthy”.

“Arul Kanda claimed that all financial matters were handled strictly by the company CFO and he is uncertain what the value of these investments are – or whether they exist in the first place.

“It is completely unbelievable that a highly-paid and experienced investment banker can be so irresponsibly clueless as to not know whether RM9.8bil worth of investments are even real,” said Lim.