Malaysia: Ex-PM Najib Razak apprehended over 1MDB $628m.

Malaysia’s toppled leader Najib Razak was arrested on Wednesday and will be charged over allegations of $628 million linked to state investment fund 1MDB ended up in his personal bank accounts, officials said.

Allegations that huge sums were looted from the investment vehicle by Najib and his cronies were a major factor in the shock defeat of his long-ruling coalition at elections in May to a reformist alliance headed by Mahathir Mohamad.



Mahathir, 93, in his second stint as premier after coming out of retirement to take on his ex-protege Najib, has reopened probes into 1MDB that were shut down by the former government, and vowed to bring Najib to justice.

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.

However his arrest on Wednesday was related directly to one of the most damaging allegations in the long-running scandal, that huge sums from the fund flowed into his bank accounts ahead of a hotly contested election in 2013.

The Malaysian Anti-Corruption Commission said in a statement that it had detained Najib as part of its investigations into the fund and “the entry of 2.6 billion ringgit ($628 million) into his personal account”.

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Najib will appear in court Thursday afternoon where he faces several charges related to allegedly abusing his position, the anti-corruption commission said.

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