Malaysia former Prime Minister Najib said that the Crown prince of United Arab Emirates (UAE) Mohammed Zayed was a funder for his stepson Riza Aziz’s movie studio Red Granite.
“Crown prince Mohammed Zayed told him in my presence that he was going to invest in his movies. We assumed that whatever investment that is going to come from Abu Dhabi to fund it would be a loan.
“And my stepson was prepared to pay back every single cent that was given to him as a loan because it was a loan and he was prepared to pay back,” he said yesterday in an exclusive interview with Al Jazeera.
As for the RM2.6 billion “donation”, Najib said he did not identify the source as he believed it was a genuine donation from the Saudi royal family.
“The question is when I received the funds, was I aware of the source of the money… or whether the source of the money is in dispute as to who owns the fund, certainly in my capacity I would not have access to banking knowledge.
“Because whoever owns the fund is protected by the secrecy of the banking laws so when I received the funds, in all honesty, I thought it was a genuine donation and at that particular time, the knowledge that I had was based on a conversation with King Abdullah,” he said.