Former Malaysian PM Najib pleads not guilty to money laundering charges

Published On: August 8, 2018 10:00 AM NPT By: Reuters

Photo Courtesy: AFP/RSS

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

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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