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Former Malaysian leader arrested, to be charged with graft

Former Malaysian Prime Minister Najib Razak was arrested Tuesday by anti-graft investigators and will be charged over his alleged role in the multibillion-dollar looting of a state investment fund, officials said.

A government task force probing alleged theft and money laundering at the 1MDB state investment fund said Najib's arrest was linked to the suspicious transfer of 42 million ringgit ($10.6 million) into his bank account from SRC International, a former 1MDB unit, using multiple intermediary companies.

It said in a brief statement that Najib will be brought to court on Wednesday to be charged, but didn't give details of the charges against him.

Najib's arrest...

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