- The RM2.6 billion channelled into Prime Minister Datuk Seri Najib Razak’s account may have actually gone into Umno’s trust fund
According to political analyst from Universiti Utara Malaysia Dr Mohd Azizuddin Mohd Sani, the matter was not yet clear as the investigations by anti-graft agency Malaysia Anti-Corruption Commission (MACC) was still ongoing.
He said that information available at the moment was merely that alleged by The Wall Street Journal (WSJ), but the validity of the information had yet to be determined.
“If the fund was actually channelled into the party’s trust fund under Najib’s name, then that is a normal procedure that has been practised all these while.
“However, as investigations are still ongoing, we can’t identify if the account has any brother beneficiary besides Najib,” he said.
Mohd Azizuddin was commenting on MACC’s statement issued on Monday which claimed that the RM2.6 billion channelled into Najib’s account had actually come from donations instead of the national sovereign fund 1Malaysia Development Berhad as was alleged by WSJ.
MACC said that the revelation came from its investigation into the state investment arm’s former subsidiary company, SRC International, which was now under the Finance Ministry.
Azizuddin said that political donations were accepted by all political parties in the country, including PKR, DAP and PAS.
“Donations are an important source of funding by any political party, especially for its operations.
“But a fund amounting to RM2.6 bilion is an issue as it involves a huge amount.”