Najib to be charged tomorrow for money laundering of SRC funds

Former prime minister Najib Razak. (AFP pic)

KUALA LUMPUR: Former prime minister Najib Razak, who was slapped with three charges of criminal breach of trust (CBT) and one count of abuse of power over the transfer of RM42 million from SRC International to his private account, is expected to be charged tomorrow on three charges of money laundering.

According to a source from the Malaysian Anti-Corruption Commission (MACC), Najib will be brought to the Sessions Court in the Jalan Duta Court Complex to face three additional charges under Section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

“He will be charged on additional charges,” said the source.

The section carries a maximum fine of RM5 million, imprisonment of up to five years or both upon conviction.

On July 4, Najib pleaded not guilty at the High Court here to three CBT charges and one count of abuse of power over SRC International funds.

The case is fixed for case management tomorrow before High Court judge Mohd Nazlan Mohd Ghazali.