Malaysia's anti-graft agency opens probe into alleged misuse of $136 bln in govt funds

Malaysia's Anti-Corruption Commission said on Thursday it has opened an investigation into an alleged misappropriation of 600 billion ringgit ($136.39 billion) in government funds.

The investigation comes after Prime Minister Anwar Ibrahim this week announced a review of government projects worth billions of dollars approved by his predecessor Muhyiddin Yassin, alleging they did not follow proper procedures. ($1 = 4.3990 ringgit)