No pension fund went into Najib’s accounts, says Zahid
(The Malaysian Insider) – Not a single sen of the US$700 million (RM2.67 billion) transferred to Prime Minister Datuk Seri Najib Razak’s accounts came from government pension fund, Retirement Fund Inc (KWAP), Datuk Seri Ahmad Zahid Hamidi said today.
The deputy prime minister said the money came from just one Middle Eastern donor, and that they were channelled through multiple companies to avoid detection.
“No KWAP money was used by Umno or deposited into Najib’s accounts. I saw the documents,” said Zahid when officiating the Sri Gading Umno division meeting today.
“The first US$100 million was a cheque in Najib’s name. The subsequent transfer of funds went through various channels and firms because the donor did not want it to be seen that one huge cheque was written under Najib’s name.
“In the end, it was all done to help us, as political funding.”