The Malaysian Najib accused of corruption



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Eight weeks after losing an election, former Malaysian Prime Minister Najib Razak has been accused of abuse of power and breach of trust in a billion-dollar disappearance investigation. A state fund.

He was arrested Tuesday, pleaded not guilty, but the charges against him and his appearance in court were the culmination of a quick and staggering downfall for a prime minister who led the country for nearly a decade

. After being released on bail of one million ringgit ($ 333,672 Australian), Mr. Najib told reporters outside the hearing room that crowds of journalists and spectators jostled for a look at Najib. his UMNO party chanted and waved placards in support of a man whose father, the second prime minister of Malaysia, is held in high esteem.

National television networks broadcast live footage of Najib convoy Appealing to the capital city court, Kuala Lumpur, an extraordinary sight that few people could have imagined before the May 9 elections.

Najib foiled allegations of corruption for three years after revelations in 2015 that hundreds of millions of dollars

But his life has collapsed since the election defeat of his former mentor and l 39; The country's most seasoned politician, Mahathir Mohamad, who returned to the prime minister's office that he held from 1981 to 2003. [19659003] Mahathir reopened an investigation into the fund, 1Malaysia Development Berhad (1MDB) , and prevented Najib from leaving the country.

In addition to abuse of power, Najib was charged with three counts of criminal breach of trust, which carry prison sentences of up to 20 years. The charge of abuse of power is punishable by a fine of five times the "gratuity value".

He was ordered to hand over his pbadports and the judge set the trial for February 18 next year.

42 million ringgit allegedly transferred from SRC International, a former 1MDB unit, to Najib's personal bank account

This represents a small fraction of the $ 4.5 billion that the Department of Justice United States diverted from 1MDB. investigated in at least six countries suspected of money laundering.

The Attorney General of Malaysia has indicated that there may be more charges in this case as the Malaysian Anti-Corruption Commission continues its investigations.

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