MALAYSIA NEWS: Najib Razak’s accounts triggered internal money-laundering alarm

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So much money was pouring so rapidly into the Malaysian Prime Minister’s personal bank accounts that it rang internal money-laundering alarms inside AmBank, a major Malaysian institution part-owned by Australia’s ANZ. Hundreds of millions of dollars were being wired into Najib Razak’s accounts from the Saudi Arabian Government, a mysterious Saudi prince and two shadowy British Virgin Island companies, while the head of a Malaysian state-owned company topped up the Prime Minister’s credit card accounts with millions of Malaysian ringgit in cash.
Mr Najib’s Platinum Mastercard and Platinum Visa had been overdrawn thanks to a 3,320,670.65 ringgit ($US1,039,369.91) purchase of jewellery in September 2014 — a spending spree described inside AmBank as a “huge volume”.

Mr Najib’s wife Rosmah Mansor has previously been reported to have purchased a series of luxury items, from diamond jewellery to designer handbags, which appear beyond her husband’s $A130,000 official annual salary. Between opening his account at AmBank on January 13, 2011 and April 10, 2013, Mr Najib received a total of more than $US1 billion — or, more precisely, $US1,050,795,451.58 — including a series of individual deposits that ranged between $US9 million and $US70 million. Inside the bank, the Malaysian Prime Minister’s account was held under the codename “Mr X”. The startling new banking records have been obtained as part of a Four Corners program that aired last night, and which resulted in the arrest of two members of its team, Linton Besser and cameraman Louie Eroglu.