KUALA LUMPUR: The High Court here today ordered Datuk Seri Najib Tun Razak to enter his defence on four charges of using his position to obtain gratif...
: The High Court here today ordered Datuk Seri Najib Tun Razak to enter his defence on four charges of using his position to obtain gratification totalling RM2.3 billion in 1Malaysia Development Berhad funds and 21 money laundering charges involving the same amount.
For all 21 money laundering charges, he said the offences had fulfilled the criteria under Section 4 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. Upon conviction, the former finance minister faces up to 20 years in prison and a fine of either five times the amount of the bribe or RM10,000, whichever is higher.
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