Najib to be charged under Penal Code, anti-money laundering law

NAJIB Razak will face several charges under the Penal Code, and Anti-Money Laundering and Anti-Terrorism Financing Act when he is brought to court tomorrow, said sources.
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The former prime minister will be brought to the Kuala Lumpur Court Complex at 8.30am, to be charged with offences in connection with the SRC International investigations launched by the Malaysian Anti-Corruption Commission.

The court complex is just a couple of kilometres from his Jalan Langgak Duta private residence, where he was arrested this afternoon.

Najib’s fall from grace came after the Barisan Nasional coalition was soundly trounced in the May 9 general election, which brought Malaysia’s first change of government since the country’s formation in 1963.

He has denied any wrongdoing in the case where funds from the former 1Malaysia Development Bhd unit were found in his personal bank accounts.

SRC International, after being removed from 1MDB, was transferred under Finance Ministry.

Najib is being investigated over the RM2.6 billion found in his accounts, as well as alleged fraud involving SRC International funds.

On May 22 and 24, he was grilled by MACC for a total of 11 hours. His wife, Rosmah Mansor, was questioned on June 5 for about five hours.

Najib’s stepson, Riza Aziz, was the next family member to be summoned, in relation to 1MDB.

Following Pakatan Harapan’s capture of Putrajaya, the authorities have reopened investigations into SRC International and 1MDB.

The reopening of high-profile cases was part of PH’s “first 100 days in power” election promises. – July 3, 2018.

Source: https://www.themalaysianinsight.com/s/68412