Former premier Datuk Seri Najib Razak will be slapped with 25 new charges in court today
Malay Mail reported Deputy Inspector-General of Police Tan Sri Noor Rashid Ibrahim as saying that the charges are related to the RM2.6 billion sent to Najib's bank accounts before the 13th General Election (GE13).
"As many as 21 charges involving the USD681 million (RM2.6 billion) have been prepared," Noor Rashid was quoted as saying by Malay Mail.
He added that the charges, all under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFA), were prepared together with the Malaysian Anti-Corruption Commission (MACC) that detained Najib yesterday, 19 September.
Channel NewsAsia reported that Najib is also facing four other charges under the MACC Act 2009.
1. Nine counts of receiving illegal money
Section 4(1)(b) of AMLATFA stipulates that anyone who receives proceeds of an unlawful activity or instrumentalities of an offence commits a money laundering offence and will be liable to a maximum jail term of 15 years and a fine of not less than five times the sum of proceeds received or RM5 million, whichever is higher.
2. Five counts of using illegal money
This is also stipulated under Section 4(1)(b) of AMLATFA, which subjects the offender to the same 15-year jail sentence and a RM5 million fine or five times the sum or value of proceeds used at the time the offence was committed, whichever is higher.
3. Seven counts of transferring illegal money
Also under Section 4(1)(b) of AMLATFA, Najib will be liable to another 15 years in jail and a fine not less than five times the sum or value transferred in the unlawful activity committed, or RM5 million, whichever is higher.
4. Four counts of abuse of power
Section 23(1) of the MACC Act 2009 stipulates that any public officer who uses his office of position for any gratification, whether for himself, his relative or associate, commits an offence.
If convicted, Najib faces a maximum jail term of 20 years and a fine of not less than five times the sum or value of the gratification or RM10,000, whichever is higher.
Najib will appear at the Kuala Lumpur High Court at 3pm today to be indicted
Channel NewsAsia reported that the former prime minister is currently being questioned by the police at the Commercial Crimes Investigations Department.
According to Malay Mail, Najib may never ever leave prison if he is convicted of all charges against him and made to serve his jail sentences consecutively.
It was reported yesterday that Najib will face charges today in connection with the RM2.6 billion 'donation':