Malaysian PM Mahathir vows to review 'fake news' law

The Latest: Malaysia's ex-PM Najib barred from leaving

Former PM Najib banned from leaving Malaysia

Malaysia's former PM Najib Razak attends UMNO's 72th anniversary celebrations in Kuala Lumpur Thomson Reuters KUALA LUMPUR (Reuters) - Ousted Malaysian Prime Minister Najib Razak said on Saturday that he and his family would respect an immigration department ban on his travel overseas and stay in the country.

Malaysian Prime Minister Mahathir Mohamad said on Monday he would appoint a new chief of the country's anti-graft agency and that all alleged crimes committed by previous government would be investigated.

At the weekend, Mahathir slapped Najib and his unpopular wife Rosmah Mansor with a travel ban as speculation mounted they were about to flee the country.

A joint statement from six funds said Mahathir's government, which took power after last week's general election, emphasised the importance of "separation between professional management of the institutions and any undue interference from political or any other external parties".

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Malaysia's newly elected Prime Minister Mahathir Mohamad attends a news conference in Menara Yayasan Selangor, Pataling Jaya, Malaysia May 12, 2018.

It was a remarkable comeback for the 92-year-old Mahathir, who was prime minister for 22 years until his retirement in 2003. Lim is the chief minister of Penang state, but is largely unknown in global financial circles.

USA investigators said Mr Najib's associates stole and looted $4.5bn (£3.3bn) from the fund - including $700m (£517m) which ended up in his bank account and $30m (£22m) used to buy jewellery for his wife. Billions of dollars were reportedly siphoned off from 1MDB.

Anwar, in jail for a sodomy conviction but considers himself a prisoner of conscience, could be released within days. He has said the funds were a donation from the Saudi royal family and was later cleared by Mr Apandi of any wrongdoing.

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Dr Mahathir said the remaining seven ministerial posts - education, rural development, economy, public works, transport, foreign affairs as well as multimedia, science and technology - will be announced this week.

Anwar's daughter and a member of Parliament, said that the board was expected to rule that there had been a miscarriage of justice and that her father was innocent.

Since 1974, the finance minister had been an ethnic Muslim Malay. All three appointees are party leaders in his alliance.

Mahathir's updates on possible action against the deposed Barisan Nasional administration came as his own four-party Pakatan Harapan coalition openly bickered over the composition of the cabinet.

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