KUALA LUMPUR, Sept 20 – A total of 21 money laundering charges have been prepared against former prime minister Datuk Seri Najib Razak in connection with a US$681 million dollar transfer into his personal bank account, police said on Thursday.
The charges include nine counts of receiving illegal proceeds, five counts of using illegal proceeds and seven counts of transferring the proceeds to other entities, Deputy Inspector-General of Police Tan Sri Noor Rashid Ibrahim said in a statement.
Najib is expected to be charged in court on Thursday with corruption related to the siphoning of funds from scandal-linked state fund 1Malaysia Development Berhad (1MDB).
The US Department of Justice, which is investigating 1MDB, has alleged that US$681 million made its way into Najib’s account from the fund. © New Straits Times Press (M) Bhd