Dow Jones stands by WSJ reports

Dow Jones stands by WSJ reports
PHOTO: The Star/Asia News Network

PETALING JAYA - Dow Jones, the publisher of the Wall Street Journal, is standing by its reports on the transfer of 1MDB funds to Prime Minister Datuk Seri Najib Tun Razak's personal accounts.

"We stand behind our fair and accurate coverage of this evolving story," a spokesman for Dow Jones told The Star when contacted.

The newspaper last week published an article quoting an "unnamed investigator", claiming that almost US$700mil (S$947mil) of 1MDB funds had been channelled into the Prime Minister's personal accounts before the 13th general election.

The international business daily has since stood by its report, saying that it possessed "solid" documents to back its claim.

On Tuesday, the publication uploaded nine pages of documents that showed alleged bank transfers from various companies to Najib's personal accounts.

The Prime Minister has reiterated, however, that he did not take any money for personal gain.

"The Wall Street Journal's aim is to incite malice and this is backed by certain quarters in the country whose aim is to make me step down as Prime Minister and Umno president," he said on Wednesday.

Najib added that he had instructed his lawyers to send a letter to WSJ to ask for confirmation on their article before taking legal action.

"My lawyers will take further action after receiving the confirmation from the newspaper," he said.

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