PM Mahathir: Freezing Najib, his family’s accounts not a revenge

Putrajaya: The freezing of accounts belonging to the former Prime Minister, Datuk Seri Najib Tun Razak and his family was not done out of revenge, said Tun Mahathir Mohamad.

The Prime Minister said he did not complain when the same thing happened to him previously where his friends were also not allowed to be acquainted with him.

“We did not complain about it. My friends’ accounts were frozen too and they never talked to me,” he said.

 Tun Mahathir was responding to Najib’s daughter Nooryana Najwa who claimed that her personal account was frozen after she posted bail for her father on Wednesday.

Najwa wrote on a Facebook group “Malaysians for Civil Liberty” that the bank was instructed to freeze her account.

 Earlier Najib’s son Datuk Mohd. Nazifuddin claimed that the Pakatan Harapan government was not any different from that during Dr. Mahathir as the fourth prime minister.

Nazifuddin described the charges against his father Najib as “selective prosecution.”

Najib was charged on three counts of criminal breach of trust (CBT) and another charge of abuse of power involving RM42 million linked to SRC International Sdn. Bhd. a former subsidiary of 1Malaysia Development Berhad (1MDB).

Najib claimed trial for all the charges and the High Court allowed a bail of RM1million. His children paid the first half of RM500, 000 on Wednesday and the rest by Monday (July 9).   

On the question of Khazanah Nasional Berhad, Tun Mahathir stressed that the nation’s wealth fund should return to its objectives to help the Bumiputeras.

Tun Mahathir said, lately the people have done many “funny things” like buying houses and taking over companies which were not the original objectives of the establishment of Khazanah.

The Prime Minister said that following his statement recently that Khazanah has diverted from its core objectives.

“The fund was originally formed to buy shares provided for Bumiputeras and as usual they buy the shares and sell it immediately to others.

“We formed Khazanah to avoid that to happen. Now it looks like Khazanah has taken all the shares, whether it is for the Bumiputeras or not.  

“Probably, they can go back to the original objectives,” he said at a media conference after chairing the Pakatan Harapan Presidents’ Council Meeting here Friday.

Tun Mahathir became the first Chairman of Khazanah Nasional Berhad which was incorporated on September 3 1993.

Khazanah was established to manage the government’s commercial assets besides planning strategic investments that could contribute to the development of the country. – Malaysia World News 

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