Unfortunate news for former prime minister Najib Razak: The current Pekan MP is back in familiar surrounding at the Malaysian Anti-Corruption Commission offices, awaiting new charges according to reports.
Arriving just after lunch at 1:55pm, he is expected to stay the night, and be brought to the Jalan Duta Courts Complex tomorrow morning to face his new charges.
Earlier this week, reports began to circulate that yet another arrest was looming in the former PM’s future, this time with regard to sovereign wealth fund 1MDB’s linking to an Abu Dhabi wealth fund, International Petroleum Company (IPIC).
Investigators from the anti-graft agency had called Najib to the headquarters to answer questions regarding a default on a bond payment dating back to 2016, over IPIC’s guarantee over the purchase of two power plants four years prior. Allegations are swirling that 1MDB’s board of advisors used taxpayer funds to settle the eye-watering US$1.2 billion (RM5.04 billion) bill.
As Najib was chairman of the board at the time, it is believed that he will be held responsible for the transaction.
Currently, the former leader has no less than 32 charges lodged against him, including accusations of corruption, criminal breach of trust and money laundering.
