FORMER prime minister Najib Razak now faces three new charges of money laundering in relation to a former subsidiary of 1Malaysia Development Bhd (1MDB).
Najib was charged today at the Kuala Lumpur Sessions Court under Section 4(1) the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Each charge carries a maximum fine of RM5 million, imprisonment of up to 15 years or both upon conviction.
He now faces a total of seven charges, the earlier four on July 4 being three counts of criminal breach of trust and one count of misusing his position under the Malaysian Anti-Corruption Commission Act.
Kuala Lumpur Sessions Court judge Azura Alwi agreed to transfer the case to the high court, where a plea will be recorded today.
Deputy public prosecutor Hanafiah Zakaria requested that all the charges be heard together, to which Azura replied that the application be made at the high court.
Najib, wearing a blue suit, appeared calm as he sat in the dock. Present at the public gallery were his children, Noorashman and Nooryana Najwa. No supporters were allowed into the courtroom.
Najib arrived just before 9am in a Toyota Vellfire with some two dozen supporters greeting him. Security is tight with several hundred police officers stationed throughout the court.
The money-laundering charges today were over three tranches – RM27 million, RM5 million and RM10 million each – banked into his AmBank account between December 2014 and February 2015.
The offences were allegedly committed at the AmBank branch in Jalan Chulan.
Today’s charges were in relation to his previous four charges, in which prosecutors accused Najib of misusing his position as a government official to accept a RM42 million bribe as an inducement to provide a sovereign guarantee on behalf of the Malaysian government for a RM4 billion loan from the Retirement Fund Inc to SRC International Sdn Bhd.
SRC International was formerly a subsidiary of 1MDB, the state investment fund established by Najib when he became prime minister in 2009.
If Najib were to be found guilty on all seven charges, and if his sentences were to run consecutively, he might face a jail sentence of up to 125 years. – August 8, 2018.
Unity gvt failing to curb religious extremism, says preacher
Kerajaan perpaduan gagal kekang ekstremisme agama, kata Wan Ji
Ask Anwar to allow Najib serve house arrest, Zaid tells KKB Indian voters
Chegubard didakwa lagi di JB esok, kata peguam
Comments
Posted 5 years ago by Hazlan Sani · Reply
Posted 5 years ago by MELVILLE JAYATHISSA · Reply
Posted 5 years ago by Ryan Li · Reply
Posted 5 years ago by Belah Belah · Reply
Posted 5 years ago by Ryan Li · Reply