Former Malaysian PM Najib Razak charged with money laundering offences

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KUALA LUMPUR: Former Malaysian prime minister Najib Razak was charged on Wednesday (Aug 8) 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 RM42 million (US$10.3 million) from SRC International, a former 1MDB unit, into Najib’s personal bank account.



Source

Asia News

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