Path of $681 million: From Saudi Arabia to Malaysian premier’s personal account

The New York Times reports: How did $681 million end up being deposited in the personal bank account of Malaysia’s prime minister, Najib Razak, last year?

Not in any corrupt way, officials insist.

Saudi Arabia’s foreign minister said on Thursday that an unspecified Saudi source had given a large sum of money as a “genuine donation” with no obligations attached. He joined top Malaysian leaders in waving away any suggestion of scandal.

For those who have never had fortunes deposited into their personal bank accounts with no obligations attached, this may sound suspicious. Indeed, Mr. Najib has been subject to fierce international scrutiny, including a United States Justice Department investigation, as he continues to deny any wrongdoing. [Continue reading…]

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