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Former Malaysian PM Najib pleads not guilty to money laundering charges

KUALA LUMPUR, Aug 8: Former Malaysian Prime Minister Najib Razak pleaded not guilty to three charges of money launde...
By Reuters

KUALA LUMPUR, Aug 8: Former Malaysian Prime Minister Najib Razak pleaded not guilty to three charges of money laundering brought against him on Wednesday.


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Razak was charged on Wednesday (Aug 8) with three counts of money laundering as part of a probe into money missing from state fund 1Malaysia Development Berhad (1MDB).


The charges, read out in court, were related to transfers of RM42 million (US$10.3 million) from SRC International, a former 1MDB unit, into Najib's personal bank account.

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