When Mahathir began his campaign against Najib more than a year and a half ago, it was given little chance. The former Prime Minister had been out of office for more than a decade and was regarded as a loud but irrelevant force. But political analysts in Kuala Lumpur say his campaign has been gaining traction over the 1MDB issue
“Realistically Najib’s situation is untenable,” a member of the Mahathir faction said. “Certainly he will fight back but whether he resigns or not point is he is he cannot function as PM.”The vehicle for his surrogates’ attack on Najib is 1MDB, the five-year-old state investment fund which as of March had amassed debts of RM49.1 billion (US$14.04 billion) against assets of RM51.4 billion, registering losses of Malaysian ringgit 63.5 billion at the end of the quarter, mainly on huge finance costs.
Ending a decade of rule that critics said had become increasingly authoritarian and marred by nepotism and corruption.