UMNO President Ahmad Zahid Hamidi arrived at Malaysian Anti-Corruption Commission (MACC) headquarters. (Photo: Bernama)

Kuala Lumpur (VNA) – Newly-elected President of the United Malays National Organisation (UMNO) Ahmad Zahid Hamidi arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters on July 2 to give a statement over his links to the 1Malaysia Development Berhad (1MDB) scandal.

The former deputy prime minister had previously said he would go to the MACC headquarters to assist with the investigation into the funds of a foundation belonging to his family.

He also said that the UMNO accepted the MACC’s request to probe the allegation that his party had received funds from 1MDB.

The 1MDB is an investment fund formed by former Malaysian Prime Minister Najib Razak in 2009 with the aim of serving the country’s socio-economic development.

Najib was accused of being responsible for the loss of 3.7 billion USD in transactions with other countries through the 1MDB. However, the fund representative and Najib have repeatedly rejected the accusation.

Incumbent PM Mahathir Mohamad said that he will re-investigate the case and is determined to reclaim the loss.-VNA