1malaysia Development Berhad

EDM number 212 in 2017-19, proposed by Ann Clwyd on 18/07/2017.
Categorised under the topics of Asia, International development and International politics and government.

That this House is alarmed about allegations of the misappropriation of billions of dollars from the 1Malaysia Development Berhad, a state-owned investment firm intended to promote economic development in Malaysia, including by the current Malaysian Prime Minister, Najib Razak; notes related on-going investigations in a number of countries, including the US and Switzerland; further notes the statement by the FBI Deputy Director Andrew McCabe, in connection with the largest single action so far by the US Department of Justice's Kleptocracy Asset Initiative, that the Malaysian people were defrauded on an enormous scale; highlights the continuing restrictions on freedom of expression and of association in Malaysia, as well as the misuse of the Sedition Act, targeted particularly at Government critics, including opposition politicians and MPs, such as Anwar Ibrahim, jailed following legal proceedings which fell far short of international standards, and Rafizi Ramli MP; encourages the Government of Malaysia to allow international observers, including from a range of Commonwealth countries, at its upcoming General Elections, to demonstrate its commitment to free and fair elections, particularly given Malaysia will be taking up the Chair-in-Office of the Commonwealth in 2020; and calls on the Government to ensure that allegations of misappropriated funds from Malaysia having been used to by assets in the UK is thoroughly investigated.

This motion has been signed by a total of 4 MPs.