Malaysia’s former PM charged with money laundering

MAlaysia PM.png

Malaysia’s toppled leader Najib Razak was arrested Wednesday and was charged over allegations that $628 million linked to state investment fund 1MDB ended up in his personal bank accounts, officials said.

Allegations that Najib and his cronies looted huge sums from the investment vehicle were a major factor in the shock defeat of his long-ruling coalition in elections in May, at the hands of a reformist alliance headed by Mahathir Mohamad.

France 24

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