News | ‘Shock’ as MACC confirms RM65mil in 1MDB funds held by Zeti’s husband

PETALING JAYA: The Malaysian Anti-Corruption Commission’s (MACC) revelation that at least RM65 million in 1MDB-linked funds recovered from Singapore were held by a company belonging to a former Bank Negara Malaysia (BNM) governor’s husband is “shocking”, says a Barisan Nasional leader.

Earlier today, MACC said it has to date, managed to recover assets and funds linked to 1MDB amounting to RM20.5 billion.

This, it said included the return of assets worth US$15.4 million (RM64.4 million) involving the accounts of Cutting Edge Industries Ltd owned by Tawfiq Ayman and Samuel Goh.

Tawfiq is the husband of former BNM governor Zeti Akthar Aziz, a witness in former prime minister Najib Razak’s 1MDB trial.

Tawfiq had previously been questioned by police in connection with 1MDB funds, although there has been no update on the probe.

Umno Supreme Council member Puad Zarkashi said the government must set up a Royal Commission of Inquiry (RCI) into the 1MDB issue to make sure the people responsible are held accountable for their actions and that others are not made scapegoats.

“This needs to be investigated thoroughly and transparently.”

When the story about Zeti’s family members’ links to 1MDB first surfaced, questions were asked if she was in the dark over the RM2.6 billion wired to Najib’s personal account.

Zeti’s husband and two sons have admitted to knowing about the money in statutory declarations (SDs) signed in March last year. The money was in the accounts of Cutting Edge Industries in Singapore and the three admitted to being the beneficial owners of the accounts.

The SDs, sighted by FMT, were certified to be authentic by the attesting lawyers.

The revelations in the SDs came when the portal MalaysiaToday, run by blogger Raja Petra Kamarudin, claimed that Zeti’s husband and sons received over RM100 million in funds from fugitive financier Low Taek Jho, or Jho Low, the mastermind behind the 1MDB scandal. – FMT

credit photo: TheEdgeMarkets

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