Sayeed Muhammad of DOT
Malaysia’s former prime minister Najib Razak, and the former head of Treasury will be charged on today in connection with several cases of criminal breach of trust involving government funds, the anti-graft agency said.
The charges are the latest in a widening investigation of corruption, launched by Prime Minister Mahathir Mohamad after Najib was ousted in a shock general election upset in May, reports.
Najib and Tan Sri Mohamad Irwan Serigar Abdullah, former Treasury secretary-general, will be brought to a Kuala Lumpur court on Thursday to be charged, the Malaysian Anti-Corruption Commission said in a statement yesterday.
Najib is already facing 32 money laundering, graft and breach of trust charges in relation to transactions linked to state fund 1Malaysia Development Berhad (1MDB).
The US authorities allege that about $4.5 billion (S$6.2 billion) was siphoned from the fund, founded by Najib in 2009.
Najib is already facing 32 money laundering, graft and breach of trust charges over more than 2.3 billion ringgit ($552.2 million) in transactions linked to 1MDB.
U.S. authorities allege that $4.5 billion was siphoned from the fund and that about $700 million was diverted into Najib’s personal bank accounts.
Najib has pleaded not guilty and his trial is due to begin next year.
Separately, the MACC said similar charges would be brought against Malaysia’s former foreign intelligence agency chief, Hasanah Abdul Hamid, on Thursday.
Hasanah and seven other agents of the Malaysian External Intelligence Organisation (MEIO) were detained in August in connection with the alleged misappropriation of government funds.