Former Malaysian Prime Minister Najib Razak charged in connection with multibillion dollar scandal - Creak News

real time news...

Former Malaysian Prime Minister Najib Razak charged in connection with multibillion dollar scandal

Share This

Najib RazakNicky Loh/Getty Images

  • Malaysia's former prime minister Najib Razak has been charged with criminal breach of trust.
  • Najib was arrested on Tuesday in relation to a probe investigating billions of dollars missing from the state investment fund 1MDB.
  • Hundreds of millions of dollars were reportedly found in Najib's bank account in 2015, and the ensuing financial scandal led to Najib's losing his reelection bid in May.
  • Najib's spokesperson said the charges were "politically motivated."


Malaysia's former prime minister Najib Razak was officially charged with criminal breach of trust on Wednesday.

Najib lost his bid for re-election after being tainted by a financial scandal that saw billions of dollars go missing from the 1MDB state investment fund he created. Hundreds of millions of dollars were reportedly found in Najib's personal bank accounts, but he has denied any wrongdoing saying he received $680 million as a donation from Saudi Arabia.

See the rest of the story at Business Insider

NOW WATCH: North Korean defector: Kim Jong Un 'is a terrorist'

See Also:

SEE ALSO: A single tweet shows how Malaysia's politics has turned on its head this year



from Business Insider https://ift.tt/2u4PtZz

No comments:

Post a Comment

Pages