Does Dow Jones stand by the accuracy of its 1MDB reporting?

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Dow Jones Affirms Accuracy of 1MDB Reporting

Dow Jones & Company has affirmed its commitment to the accuracy of its reporting concerning 1Malaysia Development Berhad (1MDB). The publisher conveyed this stance in a letter sent early last week to the legal team representing Datuk Seri Najib Razak. This communication was a direct response to inquiries from Najib's lawyers regarding articles published by The Wall Street Journal.
Publisher's Stance on Article Accuracy

In its correspondence to Najib's legal representatives, Dow Jones explicitly stated that it "will continue to stand by the accuracy of its articles on 1MDB." This declaration underscores the publisher's confidence in the factual basis of its reporting on the state investment firm. The response was received by Najib's legal team within the stipulated deadline.
Defence Strategy Remains Undisclosed

While Dow Jones confirmed its continued support for the accuracy of its 1MDB reporting, the company's lawyers did not reveal specific defence strategies they might employ should a defamation suit be filed. The response indicated that the publisher would not "advance concessions regarding which defences it may choose to rely on." This leaves open the possibility of various legal avenues being considered by Dow Jones.
Context of the Correspondence

The exchange between Dow Jones and Najib's legal team stems from proposed defamation action by the Prime Minister against The Wall Street Journal. This action is related to articles published by the Journal alleging a money trail showing nearly US$700 million channelled into what appeared to be Najib's personal accounts, as detailed in a July 2 report. The reporting further linked Najib to the probe on 1MDB.

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Does Dow Jones stand by the accuracy of its 1MDB reporting?

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