Malaysia's former prime minister has been arrested in a corruption investigation after billions of dollars went missing on his watch
- Najib Razak, the former Malaysian Prime Minister, was arrested at his house in Kuala Lumpur on Tuesday.
- Razak is the subject of a corruption investigation after billions of dollars went missing from a state investment fund that he set up.
- He has long denied allegations of misappropriating funds.
Najib Razak, the former Prime Minister of Malaysia, has been arrested in a corruption investigation.
The former leader lost a re-election bid earlier this year after billions of dollars went missing from 1MDB, a state investment fund that he set up.
Hundreds of millions of dollars were also reportedly found in his personal bank accounts.
Najib, 64, was arrested at his Kuala Lumpur home by anti-corruption officers on Tuesday, and may be charged on Wednesday, his family lawyer told Channel News Asia.
Police seized $273 million (£207 million) worth of jewelry, handbags, watches and other items from six of Najib’s properties as part of the investigation last month.
Malaysia’s new prime minister, 92-year-old Mahathir Mohamad, made the 1MDB investigation a priority upon entering office in May, the Nikkei Asian Review reported.
Mahathir also said last month that there was an “almost perfect” case against Najib’s role in the 1MDB scandal.
As prime minister, Najib sacked Malaysia’s attorney general and anti-investigation commission chief when they attempted to investigation the scandal.
Najib has denied allegations that he misappropriated funds ever since the 1MDB scandal emerged in 2015.
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