Malaysia's king agrees to pardon jailed Anwar Ibrahim after opposition's stunning victory

Jailed Malaysian opposition leader to be freed, granted full pardon on Tuesday

Anwar is now serving a jail sentence for sodomy and is meant for release on?June 8.

Anwar and Mr Mahathir joined forces in an unlikely alliance that helped the opposition nail the electoral victory.

Previously, Mahathir led the Southeast Asian nation for 22 years and his unexpected return to the prime ministership ends the previously unbroken rule of Barisan Nasional, the coalition that had governed Malaysia since 1957.

Mr Ibrahim watched the swearing-in ceremony of Dr Mohamad from a prison hospital, filmed by a member of his party, Parti Keadilan Rakyat.

The Wall Street Journal cited people close to new premier Mahathir Mohamad as saying precautions had been taken to prevent Najib from traveling, though the country's director-general for immigration, Mustafar Ali, told Bloomberg by text message he had not been blacklisted.

After being sworn in as new prime minister, Dr Mahathir said he would seek the return of millions of dollars lost in the scandal.

Mr Najib's statement comes after the coalition failed to achieve a simple majority to form a Federal Government in the 14th General Election.

At 92, Mahathir is the world's oldest elected leader.

There had been widespread speculation Najib would fly overseas after his shock election defeat this week, amid calls for him to be prosecuted over the sprawling 1MDB corruption scandal.

Mr Najib congratulated his successor in a tweet and said he would cooperate in the necessary transition of power.

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Defeated Malaysian Prime Minister Najib Razak walks before giving a press conference in Kuala Lumpur, Malaysia, Thursday, May 10, 2018.

Mahathir ruled Malaysia with an iron fist from 1981 to 2003, while he came out of retirement to take on his former protege, Najib Razak, who was prime minister for almost a decade.

A leaked flight manifesto shows Najib and his wife Rosmah Mansor are due to leave on a private jet on Saturday to Jakarta, fueling rumors he was fleeing the country to escape possible prosecution over a massive corruption scandal involving the 1MDB state fund.

Malaysian King Muhammad V Of Kelantan.

Mahathir said his government would look into measures to stabilise the ringgit, and talk to departments on what could be done.

Najib denies any wrongdoing.

Mahathir said his government would not seek "revenge" against political opponents.

"You can be reassured that we will go after 1MDB", the lawmaker said.

The opposition's victory was the result of an alliance of former rivals, including Mr. Mahathir and people who have opposed him and his former party.

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