{"id":1678,"date":"2018-06-05T16:26:35","date_gmt":"2018-06-05T16:26:35","guid":{"rendered":"http:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/?p=1678"},"modified":"2018-06-05T16:26:35","modified_gmt":"2018-06-05T16:26:35","slug":"malaysian-funds","status":"publish","type":"post","link":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/2018\/06\/05\/malaysian-funds\/","title":{"rendered":"Malaysian funds"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<div>\n<div class=\"row article-top-header\">\n<div>\n<div>\n<div class=\"col-md-8 article-top-header-wrapper\">\n<div class=\"article-heading\">\n<h1 class=\"post-title\">Malaysia: Ex-PM Najib&#8217;s wife questioned over 1MDB funds<\/h1>\n<p class=\"article-heading-des\">Rosmah Mansour is expected to give statement on investigations into transfer of $10.6m into Najib&#8217;s account.<\/p>\n<div class=\"article-heading-author-wrap\">\n<div class=\"article-heading-author-img\">\n<div class=\"article-heading-author-name\">\n<div class=\"article-duration\">8 hours ago<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"article-top-share-icon\" class=\"article-readToMe-share-block\">\n<ul>\n<li><\/li>\n<li><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div class=\"row article-main-content-wrapper\">\n<div>\n<div>\n<div>\n<div>\n<div>\n<div class=\"col-md-8 article-main-content\">\n<div>\n<div>\n<article id=\"main-article-block\" class=\"main-article-block clear-fix\">\n<div class=\"main-article-body\">\n<figure class=\"main-article-mediaCaption\">\n<div class=\"main-article-media\"><img decoding=\"async\" class=\"img-responsive main-article-media-img\" title=\"Malaysia: Ex-PM Najib's wife questioned over 1MDB funds\" src=\"https:\/\/www.aljazeera.com\/mritems\/imagecache\/mbdxxlarge\/mritems\/Images\/2018\/6\/1\/38e084b75d174d1da3e20dbd30fe0bc4_18.jpg\" alt=\"Attention shifted to Rosmah Mansour after police found hundreds of luxury handbags, jewelry and cash during raids on apartments linked to the family [EPA]\" \/><\/div><figcaption class=\"main-article-caption\">Attention shifted to Rosmah Mansour after police found hundreds of luxury handbags, jewelry and cash during raids on apartments linked to the family [EPA]<\/figcaption><\/figure>\n<div class=\"article-more-on-block article-shaded-blocks article-embedded-card hidden-xs\">\n<h4 class=\"embeded-box-name\">MORE ON\u00a0<a href=\"https:\/\/www.aljazeera.com\/topics\/regions\/asia-pacific.html\">ASIA PACIFIC<\/a><\/h4>\n<ul class=\"article-more-on-ul\">\n<li><a href=\"https:\/\/www.aljazeera.com\/programmes\/earthrise\/2018\/06\/fighting-insectageddon-bugs-matter-180603102924067.html\">Fighting insectageddon: Why bugs matter<\/a>today<\/li>\n<li><a href=\"https:\/\/www.aljazeera.com\/news\/2018\/06\/singapore-abuzz-preparations-trump-kim-summit-180604104900485.html\">Singapore abuzz with preparations for Trump-Kim summit<\/a>yesterday<\/li>\n<li><a href=\"https:\/\/www.aljazeera.com\/news\/2018\/06\/duterte-kiss-south-korea-visit-draws-disgust-180604072246286.html\">Duterte kiss during South Korea visit draws disgust<\/a>yesterday<\/li>\n<li><a href=\"https:\/\/www.aljazeera.com\/news\/2018\/06\/philippines-isil-linked-maute-group-recruiting-children-marawi-180603090545747.html\">Philippines: ISIL-linked Maute recruiting children in Marawi<\/a>2 days ago<\/li>\n<\/ul>\n<\/div>\n<div id=\"body-200771816342556199\" class=\"article-p-wrapper\">\n<p class=\"speakable\">The wife of former Malaysian Prime Minister\u00a0<a href=\"https:\/\/www.aljazeera.com\/indepth\/spotlight\/malaysiaelections\/2013\/05\/2013519153712996.html\">Najib Razak<\/a>\u00a0is set to give her statement on investigations into a former unit of state fund 1Malaysia Development Berhad (1MDB).<\/p>\n<p class=\"speakable\">Rosmah Mansour arrived on Tuesday at the headquarters of the Malaysian Anti-Corruption Commission (MACC)\u00a0in a convoy of four private cars.<\/p>\n<p class=\"speakable\">She was ordered on Friday to report to the headquarters MACC, state media Bernama had reported.<\/p>\n<p>Rosmah is expected to give her statement to anti-graft investigators in connection with a suspicious transfer of about $10.6m into Najib&#8217;s personal bank account that has been traced to the former 1MDB unit SRC International.<\/p>\n<p>The sum is just a fraction of the billions of dollars allegedly syphoned from 1MDB, the state fund that Najib set up.<\/p>\n<p>He has denied any wrongdoing and was cleared of any offence in an earlier Malaysian inquiry.<\/p>\n<p>But the multibillion-dollar scandal at 1MDB dogged Najib and his family for three years of his near-decade-long rule, and was a key reason for suffering a\u00a0<a href=\"https:\/\/www.aljazeera.com\/news\/2018\/05\/malaysia-opposition-claims-win-ruling-coalition-180509163729557.html\">stunning election loss<\/a>in May by his mentor-turned-rival, Mahathir Mohamad.<\/p>\n<p>Attention shifted to Rosmah after police found hundreds of luxury handbags, jewellery and cash during raids on apartments linked to the family.<\/p>\n<p>Malaysian police have said cash of $28.6m and more than 400 handbags were seized. Experts were being brought in to value the jewellery, watches and other seized items.<\/p>\n<p>In the past, Rosmah has been criticised for her lifestyle. On one occasion in 2015, she complained about having to pay $300 to her hairdresser.<\/p>\n<h2>Lawyers quit<\/h2>\n<p>Earlier on Tuesday, lawyers representing Najib and Rosmah on the SRC case said they had quit.<\/p>\n<p>M Puravalen, a lawyer acting for Najib and Rosmah in connection with the SRC investigations, told Reuters on Tuesday he had &#8220;ceased acting&#8221; for Najib and Rosmah.<\/p>\n<p>He said a second lawyer, Yusof Zainal Abideen, had also quit. The news site, The Malaysian Insight, reported that Puravalen, Abideen and other members of their legal team had walked out because they failed to reach common ground with Najib on several issues.<\/p>\n<p>Najib and Rosmah have been barred from leaving the country and enforcement agencies have relaunched a probe into how the 1MDB funds went missing.<\/p>\n<p>1MDB is also the subject of money-laundering probes in at least six countries, including the\u00a0<a href=\"https:\/\/www.aljazeera.com\/topics\/country\/united-states.html\">United States<\/a>, Switzerland and Singapore.<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia: Ex-PM Najib&#8217;s wife questioned over 1MDB funds Rosmah Mansour is expected to give statement on investigations into transfer of $10.6m into Najib&#8217;s account. 8 hours ago Attention shifted to Rosmah Mansour after police found hundreds of luxury handbags, jewelry and cash during raids on apartments linked to the family [EPA] MORE ON\u00a0ASIA PACIFIC Fighting insectageddon: Why bugs mattertoday Singapore&#8230; <a href=\"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/2018\/06\/05\/malaysian-funds\/\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1678","post","type-post","status-publish","format-standard","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/posts\/1678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/comments?post=1678"}],"version-history":[{"count":1,"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/posts\/1678\/revisions"}],"predecessor-version":[{"id":1679,"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/posts\/1678\/revisions\/1679"}],"wp:attachment":[{"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/media?parent=1678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/categories?post=1678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/eastasiaandoceaniablog\/wp-json\/wp\/v2\/tags?post=1678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}