World News

Malaysia’s former PM Najib to be charged with money laundering

Published by
Najib Razak

MALAYSIA’S embattled former prime minister Najib Razak will be charged on Wednesday under a money laundering act, the anti-graft agency said, in connection with a multi-billion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB).

Najib, 65, and his family have faced intense scrutiny since May, when a shock election result brought his former mentor-turned-foe, 93-year-old Mahathir Mohamad, back to power, Reuters said.

Mahathir swiftly reopened an investigation into 1MDB and barred Najib and his wife, Rosmah Mansor, from leaving the country.

Last month, Najib was arrested and charged with abuse of power and criminal breach of trust related to an alleged transfer of 42 million ringgit ($10.31 million) into his personal bank account from SRC International, a former unit of 1MDB.

ALSO READ: Ex-president Zuma wants corruption charges against him dropped

He has pleaded not guilty to the money laundering charges and was released after posting bail.

On Tuesday, he was summoned to the office of the Malaysian Anti-Corruption Commission (MACC), a day before his pre-trial hearing in court.

He was questioned for about 45 minutes. In a statement soon after Najib left its office, the anti-graft agency said he would be charged under the anti-money laundering act.

“The charges are related to the SRC International case,” it said in a statement.

Najib’s spokesman declined to comment.

 

YOU MAY ALSO LIKE: 

Bandits have taken over 3 districts in Zamfara —Speaker

Speaker of the Zamfara State House of Assembly, Alhaji Sanusi Garba Rikiji, has said bandits have taken control of three districts of Zurmi Local government area. He stated this during his visit on Saturday, following another attack by bandits on some villages under Mashema, Kwashebawa and Birane districts, Zurmi…READ MORE


He monitors my movement, broke my arm for allegedly sleeping with his friend —Wife

A woman, Bukola Adejare, has told Oja Oba/Mapo Court C Customary Court, Mapo, Ibadan, Oyo State, she’s fed up with her husband, Taoheed Adejare and therefore prayed that it dissolves their 12-year-old marriage. The plaintiff, in her divorce suit, accused her husband of always being suspicious of her. She added that he…READ MORE


CJTF could be worse than Boko Haram – UNDP

United Nation Development Programme (UNDP) has warned that the civilian Joint Task Force (CJTF) assisting the Nigerian military in fighting insurgency in the North-East could constitute a security threat worse than Boko Haram if not taken off the streets and empowered adequately…READ MORE

Recent Posts

UK unveils fresh immigration rules to curb ‘uncontrolled migration’

He said the country’s “failed experiment in open borders” had led to net migration hitting…

10 minutes ago

Fornication is not sin — Falz

Nigerian rapper and actor Folarin Falana, popularly known as Falz, has sparked controversy after publicly…

12 minutes ago

Labour Party, Starmer can’t be trusted to protect UK borders — Kemi Badenoch

She said, "Keir Starmer once called all immigration laws racist. So why would anyone believe…

12 minutes ago

FCT new city gate underway following Remi Tinubu’s request — Wike

A new City Gate for the Federal Capital Territory is underway following the request by…

21 minutes ago

Court adjourns Natasha’s contempt case against Akpabio, others to May 13

The Federal High Court sitting in Abuja has adjourned till Tuesday, May 13, to hear…

29 minutes ago

Rivers crisis: Fubara visited me with two APC govs — Wike

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has revealed that embattled Rivers…

30 minutes ago

Welcome

Install

This website uses cookies.