Najib, explain how your stepson amassed colossal wealth
(Mkini) – Prime Minister Najib Razak must now explain how his stepson, Riza Aziz, could amass such enormous wealth which The Wall Street Journal (WSJ) now attributes to be sourced from 1Malaysia Development Bhd (1MDB).
Riza acquired a US$33.5 million 7,700-square-foot duplex in the Park Laurel condominium tower overlooking New York’s Central Park and an 11,000-square-foot walled mansion in Beverly Hills with a 120-foot-long pool for more than US$17.5 million in 2012 (photos).
These property transactions worth US$51 million (RM204 million) was first exposed by Sarawak Report in December 2013. They were subsequently confirmed by Riza himself to The New York Times (NYT) in a story entitled ‘Jho Low, well-connected in Malaysia, has appetite for New York’, published in February 2015.
However yesterday, for the first time, WSJ made the allegation which Malaysians have suspected all along – that the source of funds for the above purchases originated from the controversial debt-ridden 1MDB.
The global financial daily reported that investigators believe that money used to buy the two properties was part of at least US$238 million that was transferred to Red 
Granite Capital, an offshore company wholly owned by Riza Aziz, from Aabar Investments PJS Ltd.
