Former Malaysian PM Najib Razak Arrested by MACC

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At about 3pm today, July 3, 2018, former Malaysian Prime Minister Datuk Seri Najib Razak was picked up by the Malaysian Anti-Corruption Commission (MACC) at his residence in Jalan Langgak Duta, KL, according to The Malaysian Insight, citing sources.

In a report by Malay Mail, it is believed that Najib was to be brought to the MACC headquarters in Putrajaya following his arrest. The 1Malaysia Development Berhad investigation task force said in a statement that the former leader would be charged tomorrow (July 4, 2018). The task force had also confirmed the arrest was in relation to funds from SRC International Sdn Bhd, a former unit of 1MDB, found in his private bank account.

“The 1Malaysia Development Board (1MDB) taskforce has confirmed that the arrest against Najib at 2.35pm today is related to the SRC International Sdn Bhd investigations,” said the MACC in a statement.

“Mohd Najib will be charged on July 4, 2018 (tomorrow) at 8.30am in the Kuala Lumpur court,” said the taskforce in a statement.

the 1MDB task force also announced that 408 bank accounts suspected to have links to 1MDB have been frozen, with investigators saying that the accounts belonged to 81 individuals and 55 companies, with over 900 transactions made between March 2011 and September 2015.

Najib’s arrest comes just two months shy of the Pakatan Harapan’s takeover of the Malaysian government, following Barisan Nasional’s defeat in the 14th General Elections (GE14) on May 9, 2018.

Earlier in the day, Najib’s stepson Riza Aziz was seen at MACC for questioning over 1MDB. Riza’s involvement in the scandal was brought to light when the US Department of Justice named Red Granite Pictures, a Los-Angeles based film production and distribution company belonging to Riza was named as one of the recipients of funds misappropriated from 1MDB.

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