Malaysia state fund denies misconduct – BBC News

Editor October 1, 2015

In an exclusive interview with the BBC, the head of the troubled Malaysian state fund 1MDB has dismissed claims of wrongdoing.

The fund has drawn criticism for missing payments on the $11bn it owes to banks and bondholders.

There have also been allegations, strenuously denied, that nearly $700m from the fund ended up in the Prime Minister Najib Razak’s personal bank accounts.

The Chief Executive of 1MDB, Arul Kanda, spoke to the BBC’s Asia business correspondent, Karishma Vaswani.(BBC News)

Link: http://www.bbc.com/news/business-34407665