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Malaysian court rejects ban on media group over 1MDB scandal linked to prime minister Najib Razak

Agence France Presse - September 22, 2015

Malaysia's High Court has quashed a publishing ban that had been imposed by the government on a media group over its aggressive reporting on financial irregularities linked to prime minister Najib Razak.

The government lashed out at critics following the revelation in July that Malaysian investigators had found that nearly $US700 million ($977 billion) had been deposited into Mr Najib's personal bank accounts.

The Edge Media Group had published a number of reports over the past year alleging fraud, mismanagement and misappropriation of funds from state-owned investment company 1Malaysia Development Berhad (1MDB).

The Home Ministry suspended the publishing permits in July of The Edge Financial Daily and The Edge Weekly after the scandal erupted, saying their reports threatened "public order".

On Monday, High Court Judge Asmabi Mohamad said the ministry's decision to revoke the permits was "tainted with illegality", according to local media reports.

In a statement, The Edge Media Group lauded the decision. "It vindicates our position that the suspension was unfair and without justification," it said.

Questions continue to swirl around the whereabouts of hundreds of millions of dollars of money from 1MDB that allegedly went missing in complex overseas financial deals.

The government has called the transfers into Mr Najib's accounts "political donations" from unidentified Middle Eastern sources but has refused to give details. Mr Najib and 1MDB strongly deny any wrongdoing and called the allegations a "political conspiracy" to unseat him.

Mr Najib, who launched 1MDB in 2009 and remains chair of its advisory board, has not responded to repeated calls for answers on key accusations such as the exact nature and origin of the deposits to his accounts.

He recently sacked his deputy premier and attorney general, and made other personnel moves that have stalled investigations into the affair. Investigations by authorities in several other countries, however, have been launched.

Source: http://www.radioaustralia.net.au/international/2015-09-21/malaysian-court-rejects-ban-on-media-group-over-1mdb-scandal-linked-to-prime-minister-najib-razak/1495228.

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