Malaysia's Najib pleads not guilty to money laundering as charges pile up

World

KUALA LUMPUR (Reuters) - Malaysia’s former Prime Minister Najib Razak pleaded not guilty to money laundering charges slapped on him on Wednesday, as the country’s new government looked for answers to how billions of dollars went missing from a state fund 1MDB during his term.

Najib and his wife, Rosmah Mansor, were barred from leaving Malaysia after his decade in power ended in a shock election defeat in May, and the new prime minister, Mahathir Mohamad, relaunched an investigation into 1Malaysia Development Berhad.

Dressed in a grey suit, Najib appeared calm as three charges of money laundering were read out at the Kuala Lumpur high court. He pleaded not guilty, and was granted bail.

Najib has also pleaded not guilty to three charges for criminal breach of trust and one charge for abuse of power that were leveled against him last month.

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