Najib, wife barred from leaving Malaysia

Malaysia's outgoing Prime Minister Najib Razak speaks at a news conference following the general election in Kuala Lumpur

The former Prime Minister's Barisan Nasional coalition suffered a shock defeat in national elections earlier this week, paving the way for a return to power of Mahathir Mohamad. Said Dr Mahathir: "We have to act quickly because we don't want the problem of extradition with other countries". "I respect this instruction and will stay in the country with my family", Mr. Razak tweeted moments later.

Najib has been accused of diverting $700 million from a state investment fund in 2015, a charge he denies.

Mr. Najib was seen Friday night at a dinner celebrating his party, the United Malays National Organization, which led Malaysia's ruling coalition for six decades until its defeat this week.

The general elections took the top spot trending in Malaysia with political topics such #MalaysiaMemilih and #PakatanHarapan, occupying 7 of the top 10 trends in the country.

"As the president of UMNO and the chairman of Barisan Nasional, I made the decision that I am stepping down as president of UMNO and chairman of Barisan Nasional with immediate effect", Najib told a press conference at the UMNO headquarter in Kuala Lumpur.

In a statement Saturday posted on social media, Najib says he's committed to facilitating a smooth transfer of power and called for unity after the divisive polls.

Mahathir, admitting that "many of us have less or no experience regarding a government", said some expertise of those with knowledge or previous knowledge of any administration needed to be tapped. "Maybe this will be an opportunity for us to fix our weaknesses and shortcomings, although these are more a matter of perception than reality".




Mahathir, who is now the world's oldest elected leader at 92, has said his government will not go on a witch-hunt over the 1MDB fiasco but that Najib would have to face the court if he's found responsible.

He denied any wrongdoing, even as USA authorities alleged that over $4.5 billion was stolen from the fund in a fraud orchestrated by a financier known to be close to Najib and his family.

The lawmaker said a key reason for declaring the public holidays was so that Mahathir could announce key ministerial positions and name the new adviser before trading started on Monday in an effort to reassure global investors that his government was off to a solid start.

Mahathir has indicated that Mohamed Apandi would be fired for hiding evidence of wrongdoing.

The party is in the alliance that won power in the hard-fought election.

Mahathir and Anwar reconciled in recent years in a bid to oust Najib, an extraordinary twist even by the head-spinning standards of Malaysian politics.

Mohamad was named by Mahathir for the defence portfolio, while DAP's Lim Guan Eng is the new finance minister and PPBM's Muhyiddin Yassin the home minister.

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