|

Ex-Malaysian PM arrested over 1MDB corruption probe

Najib Razak to appear before court in Kuala Lumpur on Sept. 20, according to local media

Ersin Çelik
15:03 - 19/09/2018 Çarşamba
Update: 15:04 - 19/09/2018 Çarşamba
AA
File photo: Malaysia's former prime minister Najib Razak
File photo: Malaysia's former prime minister Najib Razak

Former Malaysian Prime Minister Najib Razak was arrested over a multi-million dollar corruption scandal, local media reported on Wednesday.

Malaysian Anti-Corruption Commission (MACC) said Razak was arrested over a corruption scandal concerning the Malaysian state fund 1Malaysia Development Berhad (1MDB), according to Singapore-based Channel News Asia.

The former prime minister was taken into custody in Putrajaya, while he will appear before Kuala Lumpur Sessions court on Thursday.

On July 4, he pleaded not guilty and was released on bail of 1 million Malaysian ringgits [around $241,475]. Charges against Razak carry 20 years of prison sentence.

1MDB, spearheaded by Razak, has been the subject of a global money-laundering probe.

The scandal has triggered probes and investigations in multiple locations around the globe, including the U.S. and Switzerland.

Singapore's investigations, which began in 2015, have resulted in the seizure of bank accounts.

The Monetary Authority of Singapore ordered Falcon Private Bank to cease operations in Singapore last October.

#corrption
#Former Malaysian Prime Ministe
#Malaysia
#Malaysian Anti-Corruption Commission (MACC)
#multi-million dollar corruption scandal
#Najib Razak
6 yıl önce