KUALA LUMPUR: Malaysia’s toppled leader Najib Razak was arrested on Wednesday and will be charged over allegations that $628 million linked to state investment fund 1MDB ended up in his personal bank accounts, officials said. Since losing power, Najib has already been arrested and hit with seven charges related to claims he pocketed some $10 million from a former unit of 1MDB. When reports about the bank transfers surfaced in 2015, they dramatically ratcheted up the scandal surrounding Najib and his inner circle. The attorney-general later cleared him of any wrongdoing, saying the money was a personal donation from the Saudi royal family, and closed down domestic investigations. But as allegations related to wrongdoing at the fund multiplied, the leader lurched sharply to the right.
Source: Manila Times September 19, 2018 10:41 UTC