Abu Dhabi, UAEThursday 22 August 2019

Malaysian ex-PM slapped with new charge over 1MDB scandal

The fund is being investigated in the US for cross-border embezzlement and money laundering

Former Malaysian Prime Minister Najib Razak arrives at the Kuala Lumpur High Court. EPA
Former Malaysian Prime Minister Najib Razak arrives at the Kuala Lumpur High Court. EPA

Former Malaysian Prime Minister Najib Razak has been charged with tampering with the final audit report into a defunct state investment fund, adding to a long list of corruption allegations against him since his ouster in the May elections.

Mr Najib was charged along with Arul Kanda Kandasamy, the former head of the 1MDB fund, which is being investigated in the US and other countries for alleged cross-border embezzlement and money laundering.

Mr Najib pleaded not guilty on Wednesday to abusing power to order the modification of the report in February 2016 before it was presented to the Public Accounts Committee, in order to protect himself from disciplinary and legal action. Mr Kandasamy also pleaded not guilty to abetting Mr Najib.

The auditor-general said last month some details had been removed from the 1MDB report.

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Updated: December 12, 2018 08:11 AM

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