KUALA LUMPUR - Former Malaysian Prime Minister Najib Razak will face charges of abusing his position and graft related to money allegedly siphoned off from state fund 1Malaysia Development Berhad, the country's anti-corruption agency said on Wednesday.
Najib was arrested on Wednesday afternoon and will be taken to court on Thursday, the Malaysian Anti-Corruption Commission said in a statement (MACC).
Najib will face "several charges", some of which will relate to the transfer of 2.6 billion ringgit ($628 million) into his account, the MACC said. The charges will be brought under a section of the MACC Act which deals with the offence of using office or position for gratification, the agency said.
($1 = 4.1415 ringgit)
(Reporting by Rozanna Latiff; Writing by A. Ananthalakshmi; Editing by Simon Cameron-Moore) ((firstname.lastname@example.org; +603 2333 8036; Reuters Messaging: email@example.com; Twitter: @AnanthalakshmiA))