7/3/2018 4:54:43 PM
|written By : Team India Se|
Former Malaysian prime minister Najib Razak has been arrested for corruption.
According to Malaysian media, the arrest was made by the Malaysian Anti Corruption Commission (MACC). Authorities picked up Najib from his home after serving him a remand order, two sources close to the family said.
Najib is expected to be charged in court on Wednesday after being remanded for one night.
Earlier in the day, police chief Mohamad Fuzi Harun said his men would question Najib before taking any enforcement action over the 1Malaysia Development Berhad (1MDB) probe.
The former leader is being investigated over allegations that billions of dollars were looted from 1MDB, a state fund he founded.
Both Najib and the fund have denied any wrongdoing.
Last week, police revealed that the cash and luxury items seized from properties linked to Najib as part of the 1MDB investigations were valued at RM1.1 billion.
Bukit Aman Commercial Crime Investigation Department director Commissioner Datuk Seri Amar Singh revealed the appraised cost of 12,000 pieces of jewellery alone to be RM440 million, with their market price estimated at between RM660 million and RM880 million.