Prosecution removes ‘public servant’ in criminal charges against Najib

Prosecution removes ‘public servant’ in criminal charges against Najib

The sums involved are just a fraction of the $681 million that was mysteriously transferred to Najib's personal bank accounts several years ago, sparking uproar in Malaysia.

As the charges were read out in a packed courtroom in Kuala Lumpur, Razak responded: "I understand".

Malaysia's anti-corruption commission said earlier all the charges are related to a 42-million-ringgit (10.3 million US dollars) deposit into Najib's personal bank account by SRC International, a former unit of state fund 1MDB.

The offence carries a penalty of up to 15 years in jail and a fine of not less than five times the value of the proceeds of any illegal transfers, or RM5 million, whichever is higher.

He and his wife, Rosmah Mansor, have been barred from leaving the country since he lost an election in May, and the new prime minister, his mentor-turned-foe Mahathir Mohamad, relaunched an investigation into 1MDB.

Lokman rallied a group of about 50 supporters outside of MACC headquarters last month to protest as Najib was brought in to be arrested.

The High Court has yet to fix trial dates for the three criminal cases of CBT, power abuse, and money-laundering that will be heard together.

"The charges are related to the SRC International case", it said in a statement.

Looking exhausted as he appeared in court, Najib was charged with three counts of money laundering over claims that he pocketed 42 million ringgit ($10.3 million).

The US Department of Justice says an estimated $4.5 billion (S$6.2 billion) was misappropriated from 1MDB by high-level officials of the fund and their associates.

Former Defence Minister Datuk Seri Hishammuddin Hussein said his cousin and ex-Prime Minister Datuk Seri Najib Razak's second round of criminal charges in line with the rule of law but hopes that he gets a fair trial in court.

1MDB was set up by Najib in 2009 to spur Malaysia's economic development.

Police also seized jewellery and valuables valued at more than 1.1 billion ringgit (£208m) from properties linked to Mr Najib. On Tuesday, a luxury yacht allegedly paid for with about $250 million stolen from 1MDB arrived outside Kuala Lumpur after being handed over by Indonesian authorities, who impounded it following a DoJ request.