KUALA LUMPUR: Malaysia’s former prime minister Najib Razak was hit with new charges Wednesday linked to a multi-billion-dollar financial scandal that contributed to his shock election defeat in May.
Appearing at a court in Kuala Lumpur, Najib was charged with three counts of money-laundering over claims he pocketed 42 million ringgit ($10.3 million) from a former unit of scandal-hit sovereign wealth fund 1MDB.
These are in addition to the charges he faced last month after he was first arrested — three for criminal breach of trust and a separate count that he abused his position to take the money.
The 65-year-old, who is free on bail, has denied all the charges.
Malaysia’s new government is probing allegations that billions of dollars were looted from 1MDB, which was set up and overseen by Najib, in an audacious fraud that spanned the globe.
Allegations of massive corruption were a major factor behind the electoral earthquake in May that toppled Najib’s long-ruling coalition and ushered in a reformist alliance headed by his 93-year-old former mentor Mahathir Mohamad.
In a packed courtroom, the three new charges were read out to Najib. Asked if he understood them, Najib — dressed in a dark blue suit and looking tired — said he did.
His case was transferred to another court, where he entered not guilty pleas, meaning he will stand trial. Trial dates will be fixed on Friday, the judge said.
As he left court, a handful of supporters shouted “long live Najib” while his lawyer Muhammad Shafee Abdullah said the toppled leader believed the case was driven by politics.
“I am confident of a fair trial for my client, but my client thinks this is a political prosecution,” he told reporters.
Najib is facing a long time behind bars if found guilty — the money-laundering charges carry maximum jail terms of 15 years each, while the other four charges carry sentences of 20 years each.
The money-laundering charges allege 42 million ringgit stemming from illegal activities was transferred to Najib’s bank accounts between December 2014 and February 2015.
All the charges relate to fund transfers from SRC International, an energy company that was originally a subsidiary of 1MDB.
The sums involved are just a fraction of the $681 million that was mysteriously transferred to Najib’s personal bank accounts several years ago, sparking uproar in Malaysia.
The then attorney general — who had ties to Najib’s party — cleared the leader of wrongdoing, and said that the money had been a donation from the Saudi royal family.
Najib, who has consistently denied any wrongdoing, and his allies are accused of plundering billions of dollars from 1MDB to buy everything from US real estate to artworks.
The US Department of Justice, which is seeking to recover items allegedly bought with stolen 1MDB cash in America, estimates that $4.5 billion in total was looted from the fund.
Following Najib’s election loss, police seized a vast trove of items — including expensive handbags and jewelry — from properties linked to him with an estimated value of up to $273 million.
Investigations into 1MDB have been moving swiftly. On Tuesday, a luxury yacht allegedly paid for with about $250 million stolen from 1MDB arrived outside Kuala Lumpur after being handed over by Indonesian authorities, who impounded it following a DoJ request.
The 300-foot (90-meter) Equanimity, kitted out with a pool and helicopter landing pad, was allegedly bought by playboy financier Jho Low, a friend of Najib’s family who was said to exert great influence over 1MDB.
Najib and his wife Rosmah Mansor led a life of luxury, allegedly funded by stolen public money, that came to symbolize the rot in an elite that had ruled the country uninterrupted since Malaysia’s independence from Britain in 1957.
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Malaysian ex-PM Najib charged with money-laundering
Malaysian ex-PM Najib charged with money-laundering
- Malaysia’s former PM Najib Razak hit with new charges linked to a multi-billion-dollar financial scandal
- Malaysia’s new government is probing allegations that billions of dollars were looted from 1MDB
NATO defense buildup must ‘outpace Russia’: US envoy
“NATO allies must outpace Russia. We have no other choice. Let me be clear, the time is now“
BRUSSELS: NATO’s push to ramp up defenses must outstrip Russia’s rearmament drive as Moscow is already gearing up for its “next move” beyond Ukraine, the US ambassador to the alliance said Wednesday.
The warning came ahead of a meeting of NATO defense ministers Thursday that will seek to forge a deal on hiking military spending for a summit later this month.
US President Donald Trump has called on Washington’s allies to commit to spending five percent of their GDP on defense.
NATO chief Mark Rutte looks on track to secure a compromise deal agreement at the upcoming summit in the Hague for 3.5 percent of GDP on core military spending, and 1.5 percent on broader security-related areas such as infrastructure.
“The urgency of this moment is undeniable as the Russia-Ukraine conflict grinds on, Moscow is already preparing for its next move,” US ambassador Matthew Whitaker told journalists.
“We are already seeing the Kremlin aims to rebuild its military. NATO allies must outpace Russia. We have no other choice. Let me be clear, the time is now.”
Whitaker said “the United States expects every ally to step up with concrete plans, budgets, timelines, deliverables, to meet the five percent target.”
“This is not going to be just a pledge. This is going to be a commitment. Every ally must commit to investing at least five percent of GDP in defense and security, starting now again, this is not a suggestion,” he said.
The US envoy said that Washington remained committed to NATO’s Article Five mutual defense clause — but expected allies to step up their spending.
“We will defend every inch of allied territory, and we will do it from a position of unmatched
strength,” Whitaker said.
NATO ministers will sign off at their meeting in Brussels on new capability targets for the weaponry needed to face the threat from Russia.
“We are going to take a huge leap forward,” Rutte said.
“These targets set out what forces and concrete capabilities the allies need.”
Rutte said he was “absolutely, positively convinced” that NATO countries would agree to a new spending deal in The Hague.
The NATO chief insisted that the United States “have made totally clear their commitment to Article Five.”
He similarly insisted that Washington remained committed to backing Ukraine despite defense secretary Pete Hegseth skipping a meeting of Kyiv’s backers in Brussels on Wednesday.
Indonesia weighing buying Chinese J-10 fighter jets
- Indonesian minister says will factor in reports Pakistani J-10 shot down multiple Indian jets in May
- Indonesia has in recent years embarked on efforts to modernize its aging military hardware
JAKARTA: Indonesia is weighing buying China’s J-10 fighter jets, given their relatively cheaper price and advanced capability, as it also considers finalizing a purchase of US-made F-15EX jets, a senior official said on Wednesday.
Southeast Asia’s most populous country has in recent years embarked on efforts to modernize its aging military hardware.
In 2022 it bought 42 French Rafale jets worth $8.1 billion, six of which will be delivered next year.
“We have had talks with China and they offered us a lot, not just J-10, but also ships, arms, frigates,” said Deputy Defense Minister and retired Air Marshal Donny Ermawan Taufanto.
“We’re evaluating J-10,” Taufanto said, adding that Jakarta was reviewing system compatibility and after-sales support as well as pricing.
A potential purchase has been considered for over a year, before the recent conflict between India and Pakistan, but Taufanto said Indonesia would factor in reports that a Pakistani J-10 plane shot down multiple Indian jets last month.
Jakarta also continues to consider whether to proceed with the next step for its purchase of F-15EX fighters, he said, following the defense ministry’s deal with planemaker Boeing for the sale in 2023.
Taufanto said the US jets’ capabilities were well recorded, but suggested the offered price of $8 billion for 24 planes remained in question.
French President Emmanuel Macron said after meeting Indonesian counterpart Prabowo Subianto in Jakarta last week that they had signed a preliminary defense pact that could lead to new orders of French hardware including Rafale jets.
“We’re considering (France’s) offer. We’re considering our own budget, we’re evaluating, especially given we have other options like J-10, F-15,” Taufanto said.
Casualties in stampede at India cricket celebrations: Indian media
- Broadcasters showed police carrying young children in their arms rushing away from crowds
- India's NDTV broadcaster reported to have left at least 11 people dead
BENGALURU: A stampede broke out as a tightly packed crowd celebrated the sporting win of their home cricket team in the Indian city of Bengaluru, resulting in multiple deaths, local media reported on Wednesday.
AFP could not immediately confirm the death toll, which India's NDTV broadcaster reported to have left at least 11 people dead. The Times of India newspaper reported seven dead.
An AFP photographer saw an intense crush of crowds as a sea of people crammed the streets.
Broadcasters showed police carrying young children in their arms rushing away from crowds, who had seemingly fainted.
One unattended young man was sitting in an ambulance struggling to breathe.
Karnataka state's Deputy Chief Minister DK Shivakumar said he was not able to immediately confirm deaths.
"This is not a controllable crowd," he said, speaking to reporters. "The police were finding it very difficult."
"I apologise to the people of Karnataka and Bengaluru," he said. "We wanted to take a procession, but the crowd was very uncontrollable... the crowd was so much."
Cricket fans had come out to celebrate and welcome home their heroes, Royal Challengers Bengaluru, after they beat Punjab Kings in a roller-coaster Indian Premier League cricket final on Tuesday night.
An AFP reporter said the Bengaluru team had reached the cricket stadium in the city, where celebrations had previously been planned.
Pilgrims receive gifts reflecting Saudi culture
MAKKAH: The Royal Institute of Traditional Arts, known as Wrth, has welcomed pilgrims arriving in Saudi Arabia via land, sea, and air with gifts inspired by traditional Saudi arts.
This initiative, in collaboration with the Pilgrim Awareness Center and Saudia airline, aims to enrich pilgrims’ experience culturally and intellectually, according to the Saudi Press Agency.
Pilgrims received prayer rugs adorned by Arabic calligraphy and medallions featuring traditional inscriptions reflecting Saudi cultural values.
Accompanying the gifts were informational cards about Hajj rituals, provided by the Pilgrim Awareness Center.
Gifts were distributed at key entry points, including King Abdulaziz International Airport, Jeddah Islamic Port, and the Hajj dispatching control center on Hijrah Road.
Wrth’s participation aligns with its mission to raise awareness of traditional arts and offer a unique pilgrim experience during the Kingdom’s Year of Handicrafts.
The initiative highlights national identity and strengthens the global presence of traditional Saudi arts, the SPA reported.
The royal institute recently completed a billboard project along Hijrah Road between Makkah and Madinah, in collaboration with the Roads General Authority.
The billboards feature designs inspired by traditional motifs and crafts such as weaving, reflecting the national identity. These showcase the beauty of local arts and regional patterns and aim to enrich pilgrims’ cultural experience and promote heritage tourism.
PM invites opposition leader for consultations on Pakistan election commissioner’s appointment
- PM, opposition leader are required to finalize three names for chief election commissioner before forwarding them to parliamentary committee
- Omar Ayub’s Pakistan Tehreek-e-Insaf party accuses Shehbaz Sharif’s party of rigging 2024 election by colluding with Election Commission of Pakistan
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday wrote a letter to opposition leader Omar Ayub, inviting him to hold consultations regarding the appointment of a new Pakistan chief election commissioner.
Former chief election commissioner Sikandar Sultan Raja and two other members of the Election Commission of Pakistan (ECP) from Sindh and Balochistan completed their five-year tenures on Jan. 26 this year. However, they continue to hold office as per Article 215 of the constitution until their replacements are appointed.
As per Pakistan’s constitution, the prime minister shall forward, after consultations with the leader of the opposition in the National Assembly, three names for the appointment of the chief election commissioner to a parliamentary committee for hearing and confirmation of any one person.
“In view of the aforesaid, you are invited for a meeting for consultation, in terms of clause (2A) of Article 213 of the Constitution of Islamic Republic of Pakistan, 1973, in order to finalize three names each for appointment of Chief Election Commissioner and Members from Sindh and Balochistan,” a copy of Sharif’s letter to Ayub, seen by Arab News, said.
Raja oversaw Pakistan’s contentious general election last year marred by a countrywide shutdown of cellular networks, suspension of Internet services and delayed results. Ayub’s Pakistan Tehreek-e-Insaf (PTI) and other opposition parties alleged the ECP, under Raja, manipulated the results of the polls to facilitate his political rivals.
The ECP strongly rejected the PTI’s allegations while the caretaker government at the time said mobile phone and Internet services were suspended to maintain law and order in the country. Sharif’s government has also rejected the PTI’s allegations and said the polls were free, fair and transparent.
Former prime minister Imran Khan’s PTI has held several protests against the government and demanded it investigate allegations of rigging in the 2024 election, and return its “stolen” mandate.
The government, on the other hand, has urged the PTI to seek legal recourse and avoid taking to the streets in protest.
Talks between the two sides to break political tensions were held earlier this year. However, after a couple of rounds, the PTI pulled out, accusing the government of not fulfilling its demands to form judicial commissions to probe violent protests in May 2023 and November 2024.
The government alleges the violent protests were instigated by the PTI leadership.
