PARIS (AFP): France has dropped some of the charges against an associate of former prime minister Datuk Seri Najib Razak over alleged kickbacks paid on a major submarine deal, judicial sources said Monday (May 20). An investigation into the deal launched in 2010 revealed that Terasasi, a firm whose main shareholder was Razak Baginda, received an equivalent sum for what was billed as consultancy work. Four French defence industry executives have already been charged in the case. All four men deny the charges and say they did not have direct contact with Baginda. However, that payment is likely to ultimately fall outside French jurisdiction as it was not made to a French company.

Source: The Star May 21, 2019 00:56 UTC