1MDB replies to The Wall Street Journal report, deying allegations

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1MDB today insisted that none of its funds went to Prime Minster Najib Abdul Razak.

The finance ministry-owned company said this in response to aWall Street Journal (WSJ) report today which claimed almost US$700 million in funds from 1MDB went into Najib’s personal accounts.

“In reference to media reports published earlier today, 1MDB wishes to make clear that the company has never provided any funds to the prime minister.

“To suggest otherwise, as some media outlets have done, is highly irresponsible and a deliberate attempt to undermine the company,” it said in a statement this morning.

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