Malaysia to cost former PM Najib, ex-Treasury head in…

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KUALA LUMPUR, Oct 24 – Malaysia’s former premier, Najib Razak, and the former head of Treasury will be charged on Thursday in connection with several cases of criminal breach of trust involving government funds, the anti-graft agency said.

The charges are the latest in a widening investigation of corruption, launched by Prime Minister Mahathir Mohamad after Najib was ousted in a shock general election upset in May.

Najib and Mohamad Irwan Serigar Abdullah, former Treasury secretary-general, will be brought to a Kuala Lumpur court on Thursday to be charged, the Malaysian Anti-Corruption Commission said in a statement.

Najib is already facing 32 money laundering, graft and breach of trust charges in relation to transactions linked to state fund 1Malaysia Development Berhad (1MDB).

U.S. authorities allege that about $4.5 billion was siphoned from the fund, founded by Najib in 2009. (Reporting by Rozanna Latiff)

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