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Ex-Malaysian PM Najib Arrested, to Face Charges in 1MDB Case

Najib Razak was will face charges in connection with a money laundering case regarding the transfer of 2.6 billion ringgit from a state fund 1Malaysia Development Berhad.
Najib Razak was will face charges in connection with a money laundering case regarding the transfer of 2.6 billion ringgit from a state fund 1Malaysia Development Berhad.
ex malaysian pm najib arrested  to face charges in 1mdb case
FILE PHOTO: Malaysia's former prime minister Najib Razak walks out of a courtroom in Kuala Lumpur, Malaysia August 8, 2018. Credit: REUTERS/Lai Seng Sin/File photo
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Kuala Lumpur: Former Malaysian Prime Minister Najib Razak will face charges of abusing his position and graft related to money allegedly siphoned off from state fund 1Malaysia Development Berhad, the country's anti-corruption agency said on Wednesday.

Najib was arrested on Wednesday afternoon and will be taken to court on Thursday, the Malaysian Anti-Corruption Commission said in a statement (MACC).

Najib will face "several charges", some of which will relate to the transfer of 2.6 billion ringgit ($628 million) into his account, the MACC said. The charges will be brought under a section of the MACC Act which deals with the offence of using office or position for gratification, the agency said.

(Reuters)

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