Jailed Najib Razak issued an unreserved apology to the Malaysian people, reflecting on his role and the serious consequences of the scandal.
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Najib acknowledged that the 1MDB debacle happened while serving as both the Minister of Finance and Prime Minister, stating, “It pains me every day to know that the 1MDB debacle happened under my watch.” According to Najib, The Edge’s analysis of internal PetroSaudi emails revealed that the company, in collaboration with fugitive financier Jho Low, had deceived him.
He pointed to court proceedings that confirmed two large donations from the Saudi government in 2010, which were not the subject of any criminal or civil cases. However, as his suspicions grew, he became more concerned about 1MDB’s financial issues and their potential impact on Malaysia’s diplomatic relations.
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