Swiss seek quick talks with Malaysia on 1MDB investigation


Mahathir's move to release it comes as he seeks to tighten the net around Najib, whom he defeated in an election last week, and other officials over the multi-billion dollar scandal surrounding the fund's actions dating back some years. He served as deputy prime minister and finance minister under newly-elected Prime Minister Mahathir Mohamad during the latter's first tenure as leader, and was seen as Mahathir's heir-apparent until he was sacked in 1999.

Mahathir told a Wall Street Journal conference via a video link on Tuesday that "no deal" will be cut with Najib over the graft scandal.

"In fact, even from within the prison cell I sensed that the outrage against a corrupt regime was increasing by the day".

Anwar emerged from the Cheras Rehabilitation Hospital on Wednesday after Malaysia's Pardon Board, which included the current King, chose to overturn the 2015 conviction, which is widely accepted to be politically motivated.

A royal pardon would reverse Anwar's conviction and make him eligible to actively participate in politics.

Earlier, he walked out a free man at the Cheras Rehabilitation Hospital, and shortly after was granted an audience with the Yang Di-Pertuan Agong at Istana Negara.

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A promise to scrap the goods-and-services tax helped Prime Minister Mahathir Mohamad win an election that led to Malaysia's first change in government since independence.

"Now we need to see him become prime minister".

"Anwar bin Ibrahim", said a statement issued by the palace.

Reuters could not verify the report.

Parti Keadilan Rakyat president Datuk Seri Dr Wan Azizah Wan Ismail has been named as Deputy Prime Minister.

"We have got much to do, many more injustices to fight".

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The volatile relationship between the duo has dominated the country's political landscape for over three decades. He was Mahathir's deputy in the 1990s but fell out with his mentor during the Asian financial crisis.

Once a high flyer in the ruling party, Anwar was convicted of homosexual sodomy - and an additional charge of corruption - in 1998 amid a power struggle with Mahathir, at the peak of his authoritarian run in power.

The head of the Malaysian Anti-Corruption Commission, who was appointed by Najib in 2016, has resigned but Mahathir said he could also be investigated.

"We think that within a short while we will have a case against him".

1MDB is now under worldwide probes in at least six countries, including Switzerland and Singapore, over charges of money laundering and bribery.

News broke in 2015 that about $700 million allegedly stolen from 1MDB had made its way into Najib's personal bank accounts. Anwar needs to contest a by-election to become a member of Parliament before he can replace Mahathir.

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