Malaysia to probe Najib government's $2.7-bil payments to Chinese pipeline firm

KUALA LUMPUR (June 5): Malaysia’s finance minister on Tuesday announced plans to report to the anti-graft agency upfront payments of billions of ringgit the previous administration made to a Chinese firm for two pipeline projects that have barely begun.

Since taking office two weeks ago, Lim Guan Eng has been driving a campaign to expose financial scandals in the administration of former Prime Minister Najib Razak, unseated in a stunning election defeat last month.

Lim said Najib’s government had paid 8.25 billion ringgit ($2.7 billion) or 88% of the total value of two pipeline projects awarded to China Petroleum Pipeline Bureau (CCPB), although they are less than 15% complete.

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