Malaysia's former PM Najib charged with three counts of money laundering

08 Aug,2018


Malaysia’s embattled former prime minister Najib Razak was charged on Wednesday with three counts of money laundering as part of a probe into money missing from state fund 1Malaysia Development Berhad (1MDB).

The charges, read out in court, were related to transfers of 42 million ringgit or $10 million from SRC International, a former 1MDB unit, into Najib’s personal bank account.

Last month, Najib was arrested and charged with abuse of power and criminal breach of trust following a probe into SRC International.

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