Malaysian police raided the office of troubled state investment fund 1MDB on Wednesday, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak's bank account.
The Wall Street Journal reported last week that investigators probing 1MDB had traced money from the debt-laden fund to Najib's personal account.
Najib has denied taking any money from 1MDB or any other entity for personal gain, and is considering legal action.