Jailed former Malaysia Prime Minister Najib Razak on Wednesday issued a rare apology for his mishandling of the multibillion-dollar 1MDB financial scandal, but maintained he had no knowledge of illegal transfers from the now-defunct state fund.

Imprisoned former Malaysian Prime Minister Najib Razak issued a rare apology over the looting of a state investment fund worth billions of dollars “under my watch” while reiterating his innocence

Najib said he had reflected on the scandal, which US authorities had dubbed the largest kleptocracy, over the course of the past 26 months. “It pains me every day that 1MDB happ