Saudi Arabia's King Salman and Malaysia's Prime Minister Najib Razak attend a Memorandum of Understanding signing ceremony in Putrajaya, Malaysia, February 27, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS
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Malaysian Prime Minister Najib Razak said Monday that oil major Saudi Aramco will invest $7 billion in a mammoth oil processing hub in Malaysia, making it the single-largest investor in the Southeast Asian country.King Salman, accompanied by a 600-member entourage, arrived Sunday for a four-day visit, his first to Muslim-majority Malaysia since he took the throne in January 2015 .Ties between the two countries came under a spotlight last year when Malaysia's attorney general said about $700 million transferred to Najib's personal bank account in 2013 was a donation from the Saudi royal family and that most of it was returned. Najib has denied that the money was from the indebted Malaysian state fund 1MDB that he founded.
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