Prime Ministers Office and 1MDB Issue Statement on statement by US Justice Department on intent to seize over US$1 Billion in Assets

Najib's press sec, 1MDB issue statements on ongoing US Justice Dept suit


- Reuters



PETALING JAYA: The press secretary of Prime Minister Datuk Seri Najib Tun Razak and 1Malaysia Development Bhd (1MDB) have issued statements regarding the ongoing suit by the United States' Justice Department to seize over US$1bil (RM4.03bil) in assets allegedly linked to the Government-investment fund.

Here are their statements in full:

U.S. Department of Justice civil lawsuits

Prime Minister's press secretary statement



Malaysian authorities have led the way in investigations into 1MDB. The company has been the subject of multiple investigations within Malaysia, including by the Malaysian Anti-Corruption Commission, Auditor General and bi-partisan Public Accounts Committee. After comprehensive review, the Attorney General found that that no crime was committed. 1MDB is still the subject of an investigation by the Royal Malaysia Police.

We note the United States Department of Justice's civil lawsuits brought against various assets. As previously stated, the Malaysian Government will fully cooperate with any lawful investigation of Malaysian companies or citizens in accordance with international protocols.

As the Prime Minister has always maintained, if any wrongdoing is proven, the law will be enforced without exception.

Datuk Seri Tengku Sharifuddin

Press Secretary to the Prime Minister

Media statement by 1Malaysia Development Berhad

Issued on 21 July 2016

For immediate publication

US Attorney General Press Conference

1MDB notes a press conference led by the US Attorney General today relating to a civil court action filed by the government of the United States of America.

1MDB highlights that it is not a party to the civil suit, does not have any assets in the United States of America, nor has it benefited from the various transactions described in the civil suit.

Furthermore, 1MDB has not been contacted by the US Department of Justice or any other foreign agency in relation to their investigations.

As previously stated, 1MDB will fully cooperate with any foreign lawful authority, subject to international protocols governing such matters and the advice of the relevant domestic lawful authorities.