Thursday, April 18, 2024 | Shawwal 8, 1445 H
clear sky
weather
OMAN
25°C / 25°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Najib, 1MDB ex-CEO face fresh charges

1073436
1073436
minus
plus


KUALA LUMPUR: Malaysian prosecutors on Wednesday filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the latest cases over alleged theft of billions of dollars from the fund.


Anti-graft investigators this week questioned Najib and the former fund official over accusations that the former premier’s office had tampered with a 2016 government audit into the fund, 1Malaysia Development Berhad (1MDB).


The audit was commissioned amid reports of skyrocketing debt and financial mismanagement at the fund, founded by Najib in 2009.


Najib had “secured protection from disciplinary, civil or criminal action related to 1MDB” by directing for the audit report to be amended before it was finalised, according to a prosecutors’ charge-sheet read to him in court.


Najib pleaded not guilty to a charge of abusing his position as prime minister, a conviction on which carries a jail term of up to 20 years, or a fine of 10,000 ringgit ($2,402), or both. The fund’s former chief executive, Arul Kanda Kandasamy, pleaded not guilty to abetting Najib.


Najib’s lawyer, Muhammad Shafee Abdullah, said his client could not have tampered with the audit, as he was only accused of having directed changes to a draft of the report, rather than the final version. — Reuters



SHARE ARTICLE
arrow up
home icon