Najib says conscience is clear, cheques for BN funds not from 1MDB

KUALA LUMPUR: Former Prime Minister Datuk Seri Najib Abdul Razak said today that his "conscience is clear" on whether cheques amounting to RM470 million he signed to Barisan Nasional (BN) accounts came from 1Malaysia Development Bhd (1MDB).

"When we issued the cheques for these funds, we were very clear that it did not come from 1MDB," he told reporters at Parliament lobby today.

Najib said the source of the funds in Umno's account is subject to investigations and he cannot say more about it.

"That (Umno's account) is subject to investigation. It cannot be said that it is from 1MDB, to begin with. So, the source of funds must be established very clearly.

"Let it be in the hands of the investigators because we don't want to pre-empt the findings," he added.

A report by an English portal last week said that about RM470 million made its way from one of Najib's bank accounts to Barisan Nasional (BN) parties between April 2012 and August 2013.

Based on the information it compiled, news portal Malaysiakini said a minimum of RM470 million was funnelled to nine parties of the then 13-member BN, one BN-friendly party, and the coalition itself.

The party that benefited the most is BN's mainstay party Umno, which purportedly took RM417.414 million or 88% of the funds.

Umno's allies MIC and MCA allegedly received the second and third largest sum from this account at RM20.55 million (0.44%) and RM16.5 million (0.35%) respectively.

According to Malaysiakini, the compiled information is only on one of at least four Najib accounts where funds linked to 1Malaysia Development Berhad (1MDB) or 1MDB former subsidiary SRC International Sdn Bhd were allegedly sent.

Najib is under investigation in relation to 1MDB funds but denies wrongdoing.

He was recently charged with criminal breach of trust and abusing his position for personal gratification over RM42 million of SRC International funds.

GE13, which had a 15-day campaign period from April 20, saw BN retaining federal power.

The coalition failed to recapture Penang and Selangor, while Kelantan remained under PAS.