Former Malaysian PM Najib Razak faces dozens more corruption charges

Noor Rashid said the charges against Najib will be presented by his agency’s Commercial Crime Investigation Department

Noor Rashid said the charges against Najib will be presented by his agency’s Commercial Crime Investigation Department

The attorney-general later cleared Najib of any wrongdoing, saying the money was a personal donation from the Saudi royal family, and closed down domestic investigations.

Datuk Seri Najib Razak has been granted bail today after claiming trial to 21 counts of money laundering and a separate four counts of power abuse over almost RM2.3 billion allegedly from 1Malaysia Development Berhad (1MDB).

The case is next set for court mention on Nov 16.

As NPR reported in July, "Even though Najib has denied wrongdoing, the scandal played a role in unseating him as prime minister in May's shock election that also saw the ousting of Malaysia's ruling party of more than 61 years".

The 65-year-old former leader is out on RM3.5 million bail, to be settled in full by Sept 28.

Najib will appear in court on Thursday afternoon where he faces charges including 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, Noor Rashid Ibrahim, said in a statement.

The US Department of Justice, which is seeking to recover assets allegedly bought with stolen 1MDB money, estimates that $4.5 billion in total was looted from the fund.

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Nooryana Najwa Najib, the daughter of former Prime Minister Datuk Seri Najib Razak, has criticised the police for showing no mercy for an elderly woman by raiding the Najib residence earlier today.

The anti-graft agency said Najib will face charges under a section of the Malaysian Anti-Corruption Commission Act that involves abuse of power. He also pleaded not guilty and was released on RM1 million bail.

"His return of money was so soon after the 2013 election... because he had finished with the expenses in relation to election funding".

Police have said investigations show that $972 million had been transferred to Najib's bank account from three companies linked to 1MDB.

When asked about the recently launched book related to 1MBD - "Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World", written by Bradley Hope and Nicholas T. Wright - Shafee said he was excited as the book could prove his client's innocence.

However, U.S. authorities have said Tanore was controlled by an associate of Low and held funds diverted from 1MDB.

Najib has vowed to clear his name after the court was told that as prime minister, finance minister and chairman of the advisory board of 1MDB, he had received some RM2.3 billion between 2011 and 2014.

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