COMMENT One year after the 1MDB scandal was first exposed by Sarawak Report and the Wall Street Journal ( WSJ ), few people knew that there was a clause in the Memorandum and Articles of Association (MAA) of the company, which clearly implicates Prime Minister Najib Abdul Razak in the 1MDB scandal.

Sarawak Report has produced a copy of the MAA of what was formerly the Terengganu Investment Authority Berhad (TIA), dated Feb 27, 2009, which places the sitting prime minister in direct control over “any financial commitment in (including investment), restructuring or any other matter which is likely to affect the guarantee given by the federal government of Malaysia”.

It would be hard for anyone to accept Najib’s explanation after reading Article 117 of 1MDB's MAA where all investments required written authorisation from Najib (emphasis, mine).