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PUBLISHED: Dec 8, 2015 12:00am

Najib: RM2.6 billion donation not from a public fund or 1MDB

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Source: Bernama Source:
Bernama

Asked why the fund were deposited into his account, the Prime Minister explained that it was the donor's wish and the donation was made in a personal capacity. He said that the Bank Negara was notified when the account was created.

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KUALA LUMPUR, Dec 7, 2015:

Prime Minister Datuk Seri Najib Razak has stressed that the donation of RM2.6 billion deposited into his account is neither from a public fund nor the government’s strategic investment company, 1Malaysia Development Bhd (1MDB).

He said the matter had already been verified by the Malaysian Anti-Corruption Commission (MACC), which had also found the donors.

“I have not committed any offence or malpractice.

“This has been explained at the Parliament by the Deputy Prime Minister (Datuk Seri Dr Ahmad Zahid Hamidi).

“The donors have been verified and found by the MACC and the commission has also obtained their statements,” he said in an interview with TV3 Monday night.

The interview was conducted by Media Prima Bhd group managing editor of News and Current Affairs Datuk Seri Mohd Ashraf Abdullah, The New Straits Times Press (Malaysia) Bhd group managing editor Datuk Abdul Jalil Hamid and Utusan group editor-in-chief Datuk Abdul Aziz Ishak.

Video clips of the interview are available at www.newsplus.my/live-tv  or http://www.newsplus.my/newsrooms/tv3/.

Asked why the fund were deposited into his account, the Prime Minister explained that it was the donor’s wish and the donation was made in a personal capacity.

He said that the Bank Negara was notified when the account was created.

“So, there is no intention at all to cheat or to commit an offence because Bank Negara had been notified about the existence of this account.

“But, do not be confused. The account is in my name, but it is not like a personal account.

“And I am sure that once the investigation is completed, the truth will prevail.”

The MACC today confirmed sending its officials to the Middle East to meet with the RM2.6 billion donor.

Its investigation director, Datuk Azam Baki, said they would submit a report to the Attorney-General as soon as the investigation was completed.

MACC, however, did not disclose the results of the meeting as the investigation was still ongoing.

– Rating agencies and the economy –

On the economy, Najib said the rakyat must think positively and be confident with the country’s economic management, in line with the confidence level of investors and international rating institutions.

He said international bodies such as the International Monetary Fund, World Bank and international rating agencies such as Standard and Poor’s, Fitch Ratings and Moody’s Investors Service had given ratings and made conclusions on whether to maintain their ratings or make it more positive.

“It’s not towards downgrading Malaysia… In fact, they gave their compliments on Malaysia’s economic management,” he said in an interview in conjunction with the Umno General Assembly 2015 Monday.

Najib said the level of confidence of these international bodies must be disseminated to the rakyat to show that so much had been done by the government.

Nevertheless, he assumed that the level of the rakyat’s appreciation might not be proportionate to what had been done by the government as this was complicated by negative comments in the social media by irresponsible parties.

These comments, he said, gave a picture as though the rating agencies would downgrade the ratings or gave a negative rating on the country’s economy.

Standard & Poor’s put Malaysia’s credit rating at A- while Moody’s gave an A3 rating for Malaysia’s sovereign debt.

Meanwhile, Fitch gave Malaysia an A- credit rating.

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