Malaysia’s former prime minister to be charged with money laundering
Kuala Lumpur — Malaysia’s embattled former prime minister Najib Razak will be charged under a money-laundering act on Wednesday, the anti-graft agency said, in connection with a multi-billion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB). Najib 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. Mahathir swiftly re-opened 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 ($10.31m) into his personal bank account from SRC International, a former unit of 1MDB. He has pleaded not guilty to the charges and was released after posting bail. On Tuesday, he was summoned to the office of the Malaysian Anti-Corruption Commission, a day before his pre-trial hearing in court...
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