Saudi Foreign Minister Adel Al-Jubeir is reported to have said with regards the USD 681 million found in PM Najib Razak's private accounts:
"It is a genuine donation with nothing expected in return. And we are also fully aware that the attorney general of Malaysia has thoroughly investigated the matter and found no wrongdoing," Al-Jubeir said. "So, as far as we are concerned, the matter is closed."
Adel is however not the only person whose statements have been relied on to explain the donation,there is this letter from a certain "Prince Saud":
In the letter "Prince Saud" makes reference to Blackstone Real Estate Partners Asia, and states that it is a company under his control which he will use to channel funds to PM Najib. That company has been shown to be part of a scam currently investigated by authorities in a number of jurisdictions. (See Sarawak Report story below). Adel may consider the matter closed,but his confirmation of that "donation" opens up issues on a number of regulatory fronts all over the world.
Most serious of these is his apparent admission to financing jihadi activities in South East
Asia. The matter is described in the story at this link:
Saudi Government admits to using shell companies,tax havens, to finance Islamists in South East Asia-Wells Fargo ,Australia's ANZ ,now implicated in terrorist financing