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Wife of Malaysian ex-PM Najib charged with money laundering

2018-10-04 08:29
Former Malaysian Prime Minister Najib Razak arrived for his pre-trial hearing in Kuala Lumpur on Thursday (October 4) as he faces multiple corruption charges in relation to about $10.6 million dollars allegedly transferred into his account from SRC International, a former unit of scandal-ridden state fund 1MDB. Najib, whose coalition suffered a stunning election defeat in May, faces 32 charges ranging from money laundering to abuse of power and criminal breach of trust in the effort to uncover how billions of dollars went missing from 1Malaysia Development Berhad (1MDB). He has denied any wrongdoing. His wife Rosmah Mansor was charged with 17 offenses, including money laundering, on Thursday, as anti-graft agents investigate billions of dollars missing from state coffers. She was arrested on Wednesday (October 3) by the Malaysian Anti-Corruption Commission (MACC) and spent the night in detention. She pleaded not guilty to all charges. Corruption accusations have dogged Najib for years, and came to a head in 2015, when the Wall Street Journal reported that nearly $700 million in 1MDB funds was diverted to his personal bank account. Credit: Reuters