Malaysia's ex-prime minister will stand trial on charges of laundering 1MDB state funds, court rules

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Malaysia's ex-prime minister will stand trial on charges of laundering 1MDB state funds, court rules
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Najib Razak must defend himself against charges involving $10 million in 1MDB state investment funds, a Malaysian High Court ordered.

A High Court judge ordered the former prime minister of Malaysia, Najib Razak, to enter a defence against seven charges involving the misappropriation of $10 million in 1MDB state investment funds on Monday. Razak is accused of misappropriating the funds belonging to SRC International, an entity established by 1MDB. The 66-year-old, who remains free on bail, so far pleaded not guilty to three counts of criminal breach of trust, three counts of money laundering and one count of abuse of power.

A High Court judge ordered the former prime minister of Malaysia, Najib Razak, to enter a defence against seven charges involving the misappropriation of $10 million in 1MDB state investment funds on Monday. Razak is accused of misappropriating the funds belonging to SRC International, an entity established by 1MDB. The 66-year-old, who remains free on bail, so far pleaded not guilty to three counts of criminal breach of trust, three counts of money laundering and one count of abuse of power.

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