Malaysian Prime Minister Rejects Calls to Resign Over Financial Scandal

Malaysian Prime Minister Rejects Calls to Resign Over Financial Scandal © AP Photo/ Vincent Thian

10:38 10.12.2015(updated 10:44 10.12.2015) Get short URL
http://sputniknews.com/asia/20151210/1031513743/malaysia-financial-scandal.html

Malaysian Prime Minister Najib Razak said on Thursday that he would not surrender amid calls for him to resign over a political funding scandal.

MOSCOW (Sputnik) – In July, media reported that some $700 million from the state-owned strategic development company 1Malaysia Development Berhad had been transferred to the prime minister’s private account. Najib, however, said that the money came from abroad and not from the company.

“There shall be no retreat, no surrender. No retreat! No surrender!” he said, addressing the meeting of his ruling United Malays National Organization party, as quoted by the Straits Times daily newspaper.

The prime minister added that he was ready to negotiate any problems, as he was not involved in any wrongdoing.

In October, Malaysia’s former Prime Minister Mahathir Mohamad demanded Najib’s resignation over the allegations that he had embezzled state funds for private purposes.

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