Malaysia’s ex-prime minister Najib Razak will be charged on Wednesday under the country’s anti-money laundering act in connection with a former subsidiary of the scandal-ridden 1Malaysia Development Berhad state investment fund.
The new charges come a month after Mr Najib was charged with criminal breach of trust and abuse of power as part of an escalating probe by the Malaysian Anti-Corruption Commission into 1MDB.
The anti-graft agency announced the charges on Tuesday after Mr Najib was called in to give a further statement on SRC International, a former 1MDB subsidiary set up by him when he was prime minister to generate investment in the energy sector.