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International News

Aug 08, 2018
12:30PM

Malaysia's ex-PM Najib charged with more corruption counts

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Malaysia's former Prime Minister Najib Razak is facing new charges linked to a multi-billion-dollar financial scandal that contributed to his shock election defeat in May.

Najib was charged with three counts of money-laundering over claims he pocketed over 10 million US dollars when he appeared in Court.  He faces up to 15 years in jail for each charge.

The charges are in addition to the charges he faced last month after he was first arrested -- three for criminal breach of trust and a separate count that he abused his position to take the money. He faces up to 20 years in jail for each of those charges.

Malaysia's new government is probing allegations that billions of dollars were looted from state fund which was set up by Najib, in a sophisticated fraud.

 

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