Najib may face charges of money laundering, misappropriation of property, says source


  • Nation
  • Friday, 15 Jun 2018

A file picture of Najib Razak gesturing as he left the MACC office in Putrajaya, Malaysia after an interview on May 24, 2018. - AFP

KUALA LUMPUR: Authorities investigating scandal-hit state fund 1Malaysia Development Berhad (1MDB) are considering charging former prime minister Datuk Seri Najib Tun Razak with money laundering and misappropriation of property, a source familiar with the matter said.

Najib, who founded 1MDB in 2009, is the subject of a money laundering and corruption probe, after reports that millions of dollars made their way into his personal bank accounts from the fund and its former subsidiary, SRC International.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Marine police will remain part of the force, says IGP
Gold shop employee nabbed for stealing precious ring
Dr M backs ICC's war crime charges, arrest warrants for Netanyahu, Gallant
Transport Ministry proposes new logistics hub in Nilai or Enstek
Cable theft attempt leaves 8,000 without power in Kinarut
Four opposition states receive higher royalties under Madani govt, says PM
Anwar defends allowances amid opposition claims of false benevolence
Malaysia sees significant drop in new HIV infection rates
Sabah to consider allocating special aid for Form Six students, says Hajiji
Continuous rainfall alert extended to six states until Nov 29

Others Also Read