Malaysia sets up new 1MDB criminal taskforce

"We wanted to bring back money that was stolen back to our country".

Shukri was addressing a news conference after Najib arrived at the headquarters of the Malaysian Anti-Corruption Commission (MACC), which has ordered him to explain a suspicious transfer of $10.6 million into his bank account.

"The regular basis detailed for further action to be taken involving 1MDB case were discussed at the meeting and the next meeting will be held tomorrow (May 23)", the statement added.

Malaysia's anti-corruption commission has called on former Malaysian prime minister Najib Razak to give a statement about tarnished wealth fund 1 MDB.

Since losing power, Najib and his wife, Datin Seri Rosmah Mansor, have suffered a series of humiliations, starting with a ban on them leaving the country, and then police searching their home and other properties.

But new Prime Minister Mahathir Mohamad said investigations showed the wrongdoing at 1MDB were more serious than expected.

"I reached Washington DC and me and my team noticed I was being followed by someone", he said.

"Although affected by what has happened, we have and will continue to cooperate in any questioning and will be present if needed by any authority", said the statement.

Najib has denied any wrongdoing since the scandal erupted in 2015.

In 2015 the anti-corruption agency began a probe on SRC International following allegations it had transferred millions of ringgit into Najib's private accounts.

The money was in addition to about $700 million that USA investigators said ended in Najib's bank account.

"The government hopes the setting up of this task force, comprising a multi-agency enforcement unit, will help restore the dignity of Malaysia that has been tainted by the 1MDB kleptocracy scandal", said Mahathir's office.

Malaysia has set up a special taskforce that will look into possible criminal conduct of individuals involved in the management of state fund 1Malaysia Development Berhad (1MDB), the prime minister's office said on Monday.

At one point Shukri even flew to Washington to bring the 1MDB case, in which suspicious funds ended up in the personal accounts of Najib, to United States authorities.

These complaints alleged that more than $4.5 billion was diverted from 1MDB and laundered through a web of shell companies and bank accounts located in the United States and elsewhere.

  • Kyle Peterson