THE Malaysian Anti-Corruption Commission has completed 60% of its probe into 1Malaysia Development Bhd (1MDB), said Azam Baki.

The MACC deputy chief commissioner said most of the evidence was local.

“Our investigation involving local evidence is almost done.

“But there is about 40% more to go, mainly involving evidence in foreign countries,” he said during a special press conference at the MACC headquarters in Putrajaya today.

He urged the public to be patient, saying the anti-graft agency was working as quickly as possible in investigating the scandal-plagued state investor.

1MDB was the brainchild of former prime minister Najib Razak.

Last week, Putrajaya filed criminal charges for money laundering against wanted businessman Low Taek Jho, as well as his father, Low Hock Peng, over funds allegedly stolen from 1MDB.

The charges “in absentia” were filed by the Commercial Crime Investigation Department and Attorney-General’s Chambers at the Putrajaya sessions court.

Warrants of arrest for both men have also been issued.

Taek Jho, also known as Jho Low, is facing a string of charges, while Hock Peng faces one charge of transferring US$56 million (RM230 million) to his son.

Najib is facing a total of seven charges. On July 4, he was charged with three counts of criminal breach of trust and one count of misusing his position under the MACC Act.

Early this month, he was slapped with three charges of money laundering in relation to a former subsidiary of 1MDB. He was charged under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.

Each charge carries a maximum fine of RM5 million, imprisonment of up to 15 years, or both, upon conviction. – August 30, 2018.