KUALA LUMPUR (Reuters) – A complete of 21 cash laundering expenses have been ready towards former Malaysian prime minister Najib Razak in reference to a $681 million greenback switch into his private checking account, police mentioned on Thursday.
FILE PHOTO: Malaysia’s former prime minister Najib Razak speaks to Reuters throughout an interview in Langkawi, Malaysia June 19, 2018. REUTERS/Edgar Su/File Picture
The fees embody 9 counts of receiving unlawful proceeds, 5 counts of utilizing unlawful proceeds and 7 counts of transferring the proceeds to different entities, Deputy Inspector-Common of Police Noor Rashid Ibrahim mentioned in an announcement.
Najib was anticipated to be charged in courtroom on Thursday for corruption associated to the siphoning of funds from scandal-linked state fund 1Malaysia Growth Berhad (1MDB).
The U.S. Division of Justice, which is investigating 1MDB, has alleged that $681 million made its method into Najib’s account from the fund.
Reporting by Rozanna Latiff; Enhancing by Paul Tait