Former Malaysian PM charged with money laundering
Bangkok, Aug 8: Former Malaysian Prime Minister Najib Razak was on Wednesday charged in a Kuala Lumpur court on three new counts related to a corruption scandal linked to the 1Malaysia Development Berhad state fund.
He pleaded not guilty to the charges brought against him, Efe news reported.
Razak was charged under a money laundering act with three counts of receiving a total of RM42 million ($10.3 million) from unlawful activities into two bank accounts from SRC International, a 1MDB subsidiary, Malaysian state news agency Bernama reported.
He allegedly received transfers of RM27 million, RM10 million and RM5 million between December 26, 2014 and February 10, 2015.
The indictments carry a maximum penalty of 15 years in jail per charge and a possible fine of five times the amount of money allegedly received illegally.
The charges were added to an earlier four - three counts of criminal breach of trust and one count of abuse of power - imposed in July on Najib, who founded and chaired 1MDB after becoming prime minister in 2009.
Each of these earlier charges, allegedly committed between 2011 and 2015, carries a maximum sentence of 20 years in prison. Razak also pleaded not guilty to those first four charges before being released on bail.
Razak's fall from grace came after losing the May 9 elections to his former mentor Mahathir Mohamad in a historic victory against Barisan Nasional (National Front) which has ruled uninterrupted from 1974.
The government currently headed by 92-year-old Mahathir has reopened and expedited cases against Najib, including those surrounding the 1MDB scandal.
A media investigation reported in 2015 the transfer of $681 million from 1MDB to Najib's private accounts. He has denied any illegal activity.
In addition to Malaysia, the United States, Switzerland and Singapore are among half a dozen countries investigating the alleged embezzlement.
The US Department of Justice estimates the money diverted from 1MDB to be $4.5 billion, of which about $1 billion may have been laundered in the US through the purchase of real estate, yachts, jewellery and works of art, among others.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Karnataka: Home Department asks motorists to drive on highways with caution to avoid robbery
Belagavi: The Home Department has advised motorists to stay alert while travelling on national and state highways, warning that gangs involved in robbery and extortion have been active in several stretches. It said people should be extra cautious if anyone tries to stop their vehicle in isolated areas.
Replying to an unstarred question on Thursday, the department said Karnataka has recorded 403 highway robbery cases in the past three years. According to the data, national highways saw 81 extortion and 23 robbery cases in 2023, followed by 66 extortion and 16 robbery cases in 2024. Until November 15 this year, 51 extortion and 14 robbery cases have been reported.
ALSO READ: 2,84,881 posts vacant in Karnataka: Siddaramaiah inform Legislative Council
On state highways, 39 extortion and 17 robberies were reported in 2023, while 2024 saw 35 extortion and 22 robbery cases. In 2025 so far, 20 extortion and 19 robbery cases have taken place. The department noted that curbing highway robberies remains a major challenge for the police.
To tackle the issue, police stations have been directed to set up regular checkpoints on stretches of highways passing through their limits. Suspicious individuals and vehicles are being checked. Two-wheelers have been allocated to every station for night patrol, and staff have been instructed to conduct night rounds using vehicles fitted with sirens and red lights.
