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Why no suit against WSJ, asks Muhyiddin

 | February 20, 2016

Umno deputy president says the lack of action by 1MDB is causing people to lose trust in the government.


PORT DICKSON: Umno Deputy President Muhiyddin Yassin has questioned why 1Malaysia Development Bhd seemed to fear taking a suit against the Wall Street Journal for its reports on the company.

He said the company should take action against WSJ and its financial editor, Ken Brown. “What are they afraid of? Take action and sue them. It’s not for the fun of it, we want to know the truth,” the former deputy prime minister said today.

His remarks came in response to a report in the financial newspaper which said it had evidence to show that funds from 1MDB, which is owned by the finance ministry, had been used for a RM2.6 billion deposit into Najib’s personal banking accounts in 2013.

The government has said that the money was a personal donation from a member of the Saudi royal family and had been given to help the Barisan Nasional in the general election. Most of the money was said to have been returned.

In response to the report, 1MDB has maintained its previous denials that its funds had been used.

However, Muhyiddin said that 1MDB had previously talked about suing WSJ before but had never taken any action. “As long as no action is taken, the problem will lie with the party and the government because they are the ones losing trust.”

He said 1MDB had said before the recent report that “they wanted to sue but they didn’t, and when the news comes out wrong, they don’t sue.”

He described the Wall Street Journal as “just sitting there asking when are you going to sue me?”.

The newspaper was described by Barisan Nasional spokesman Abdul Rahman Dahlan as “allowing itself to be used as a willing vehicle by the Anti-Najib Campaign.”

He accused the newspaper of being “proven wrong time and time again” and that the politically motivated campaign against Najib had failed.


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