Malaysia arrests Najib ex-aide in 1MDB probe: media | Reuters:
Malaysian authorities have made the first arrest in a renewed probe into the multi-billion dollar scandal at state fund 1MDB, remanding a former aide of ousted prime minister Najib Razak to assist in investigations, Bernama news reported on Monday.
Malaysia’s new government led by the 92-year-old Mahathir Mohamad reopened investigations into billions of dollars allegedly siphoned out of 1Malaysia Development Berhad (1MDB)after Najib’s administration lost a general election in May, fuelled by anger over the scandal and rising living costs.
On Monday, a magistrate’s court granted an application by anti-graft officials to remand Najib’s former aide for a week to assist in their investigations into 1MDB, according to a report by national newswire Bernama.
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