Malaysian Prime Minister Najib Razak defended himself saying a media report claiming more than $900 million was transferred to his personal account from government agencies and companies which connected with the 1 Malaysia Development Berhad (1MDB) state fund is a "political sabotage”.
If the Wall Street Journal report is verified by the officials, Razak would be directly subjected to a corruption probe for the first time.
Rohaizad Yaakob, a spokesman for the Malaysian Anti-Corruption Commission said “We will look into the matter,” adding that, “If there’s any corruption at all, we will investigate.”
Najib Razak denied the corruption allegations saying on his Facebook page that "there have been concerted efforts by certain individuals to undermine confidence in our economy, tarnish the government, and remove a democratically elected prime minister."
"These latest claims, attributed to unnamed investigators as a basis to attack the prime minister, are a continuation of this political sabotage," he added.
1MDB, the government run strategic development company, said the documents attempted to create baseless and unsubstantiated allegations against 1MDB have not been publicly verified yet.
1MDB fund has remained in the center of the criticism over its debt of more than $15 billion and inability of the financial management since Najib Razak founded it in 2009.
The report claims that the cash had circulated among government agencies, banks and companies linked to 1MDB until it reached to Najib Razak’s accounts.
A Malaysian government spokesman said that “the prime minister has not taken any funds for personal use” adding the claims just serve political aims.
Abdul Rahman Dahlan, the minister for Urban Well-being, Housing and Local Government also said in his twitter account that "If they (the Wall Street Journal) were dead serious about the authenticity, the reports should have named the sources.”
Opposition parties on Friday asked the PM to stand aside to facilitate an independent investigatigation.
“They must insist that the PM take leave from his position until the matter can be fully investigated,” Tony Pua, a parliamentarian with the opposition Democratic Action Party told local media.
According to Transparency International’s corruption perception index for 2014, Malaysia ranked 50th among 175 countries although Rajib’s government have an intense battle with the bribery.