IGP: AmBank founder’s murder not linked to 1MDB cash transfers

Inspector-General of Police Khalid Abu Bakar has dismissed speculation that the 2013 murder of AmBank founder Hussain Ahmad Najadi was connected to recently-divulged alleged money transfers from 1Malaysia Development Berhad (1MDB) to Prime Minister Najib Razak’s personal accounts.

He also denied Hussain made any police reports on alleged corruption involing AmBank before his death. 

“I can confirm that Hussain did not make any police report before he was shot dead,” he said this morning, as quoted by The Star Online‘s Farik Zolkepli.

A WhatsApp message that has since gone viral claimed that Hussain had filed a report on July 28, 2013, following a USD60 million deposit into an AmBank account. 

Hussain was murdered the next day.

The allegation that some USD700 million (RM2.6 billion) was transferred from 1MDB to Najib’s personal AmBank accounts was published by The Wall Street Journal last Friday. Yesterday, the newsportal uploaded scanned documents it says back up the allegation.

Yesterday, whistleblower site Sarawak Report published an exclusive interview with Hussain’s son, Pascal Najadi, who stated he believed his father was murdered due to his concerns over corrupt practices in AmBank. 

Najadi believes that his father would not have bothered to report internal corruption to the police, but rather to senior bankng reglators. 

“That was not his style, because he knew it is a shot in the dark in Malaysia to log a police report… I believe that he would have gone to senior regulators direct to report findings that he found out involving massive amounts being looted,” he told SR.

“I repeat there is no connection between the IMDB probe and Hussain’s murder,” said Khalid.

“Hussain’s case has been solved with the killer already detained. End of story.”

 

Know about something happening in KL and Malaysia? Want to share? Send us an email:kl@coconuts.co – don’t just read the news, make it!

 




BECOME A COCO+ MEMBER

Support local news and join a community of like-minded
“Coconauts” across Southeast Asia and Hong Kong.

Join Now
Coconuts TV
Our latest and greatest original videos
YouTube video
Subscribe on