Lawmakers in the Malaysian parliament asked their country's government to disclose its position on news that it talked about an extra-judicial deal with the Abu Dhabi government, related to approximately $ 6 billion, suspected of embezzling an Emirati company from the Malaysian sovereign fund.
The Malaysian "Sarawak Report" website published a report in which it said that the Malaysian government had halted proceedings in British courts against Abu Dhabi International for Oil Investment Company, to make way for a diplomatic settlement with the Abu Dhabi government.
The Malaysian prosecution had accused Abu Dhabi Crown Prince Mohammed bin Zayed and his brother Mansour bin Zayed of collusion with former Malaysian Prime Minister Najib Abdul Razzaq, to cover up and fraud against Malaysia instead of exposing what he described as the largest theft in the world.
The Malaysia Development Berhad Fund was created by former Malaysian Prime Minister Najib Abdul Razzaq in 2009, before billions of dollars in debt accumulated in 2015.
The Malaysian Sovereign Fund Fund scandal led to the disclosure of some of the roles that the UAE was said to have played in the scandal that rocked the country in 2016, through collusion with the former Malaysian Prime Minister who is currently on seven charges related to breach of trust, exploitation of influence and money laundering, as part of a series of corruption cases Pursue him.
The former prime minister is accused of transferring $ 14 million of government development fund (1MDB) funds to his personal bank accounts, but Najib denies the charges and pays his innocence from them.
And the scandal committed the man in his last three years in the ruling, which lasted about 10 years, and was one of the reasons for his loss in the last elections that took place on May 10.
In addition to Naguib, the businessman Joe Lu, who is widely known in Malaysia as the godfather of corruption deals in the fund, was added to the dock, as well as the Emirati ambassador to Washington Yusef Al-Otaiba, the Saudi businessman Tariq Obaid, and others.
The newspaper "Times" described the financial corruption scandal of this fund as "the largest corruption scandal in the world", and indicated that investigations into this corruption are taking place on 3 continents.
She explained that there are lawsuits in America claiming that about $ 4.5 billion was stolen from this fund, and that it was spent on buying artworks, buildings, jewelry and a luxury yacht.