7/5/2018 1:18:53 PM
|written By : Team India Se|
Former Malaysian prime minister Najib Razak has pleaded not guilty to four charges brought against him.
He faces three counts of criminal breach of trust and one count of abuse of power in connection with the 1Malaysia Development Berhad (1MDB) scandal.
Bail was set at RM1 million (S$337,000). He left the court after posting bail. He was also asked to surrender his passport.
Najib faces allegations that, between August 2011 and March 2015, RM42 million was transferred from SRC International, a 1MDB subsidiary, to his personal bank accounts. Each count carries a possible sentence of up to 20 years in prison. Whipping is also a penalty but Najib, 64, would be exempt because of his age. The charges also carry a possible fine, which would be no less than five times the value of the funds in question.
The former leader was arrested at his home on July 3. After being held overnight at the anti-corruption commission, Najib arrived at the court complex in Kuala Lumpur at 8.20 am on July 4, wearing a dark blue suit and a red tie. Crowds jostled to catch a glance of the former leader. Some members of Najib’s UMNO party chanted and held up placards in solidarity.
Pandemonium broke out at the court complex following the hearing.