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Najib Razak, former prime minister of Malsia Najib Razak, was suspected of having embezzled millions of euros of public funds from a sovereign wealth fund and was officially accused Wednesday of the financial scandal that has contributed to his downfall. 64, attended a court in Kuala Lumpur, which remanded his case from the High Court, said AFP.
The former prime minister was arrested on Tuesday when the government of Prime Minister Mahathir Mohamad stepped up the investigation into corruption during his predecessor's period.
Najib was charged with three counts of abuse of authority and one for pbadive bribery, involving a bribe of 42 million ringgit (8.9 million euros), and risk taking up to 20 years of imprisonment.
The charges are related to the SRC International, energy sector branch of 1MDB, the sovereign wealth fund created by Najib in 2009 and which bitterly today owes $ 10 billion in debt. euros.
The former Prime Minister would have embezzled up to 640 million euros from the fund, which he created to modernize Malsia, a Southeast Asian country counting 32 million inhabitants, mostly Muslims.
Last week, the director of Amar Singh, revealed that the total value of property seized in the investigation against Najib amounted to nearly $ 273 million.
The property includes $ 28.8 million in kind, in 26 currencies, nearly 12,000 jewels, hundreds of branded handbags and various watches.
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