Malaysia 's new administration has suspended three major construction contracts with Chinese companies , including two contracts for pipeline schemes with the China Petroleum Pipeline Bureau , worth a combined total of $ 2.3bn , over allegations of money laundering by the previous administration led by former Prime Minister Najib Razak . The move adds a further dimension to inquiries into the pipeline investment schemes , which are currently being conducted in the uk , Switzerland and Singapore .
Malaysia's new government has suspended three major construction projects with Chinese companies, including two contracts for pipeline schemes with the China Petroleum Pipeline Bureau, worth a combined total of $2.3bn, over allegations of money laundering involving the previous administration led by former Prime Minister Najib Razak. The move adds a further dimension to inquiries into the 1MDB investment fund, which are currently being conducted in the US, Switzerland and Singapore.