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Ex-Malaysian PM鈥檚 stepson to be charged with money laundering

Ex-Malaysian PM鈥檚 stepson to be charged with money laundering

In this file picture taken Tuesday, July 3, 2018, show Riza Aziz, right, stepson of Malaysian former Prime Minister Najib Razak, arrives at Anti-Corruption Agency in Putrajaya, Malaysia. Malaysia鈥檚 anti-graft agency said Thursday it has detained Riza Aziz, the stepson of ex-premier Najib Razak and a Hollywood film producer, and will charge him with money laundering. (AP Photo/Vincent Thian, File)

KUALA LUMPUR 鈥 Malaysia鈥檚 anti-graft agency said Thursday it has detained Riza Aziz, the stepson of former Prime Minister Najib Razak and a Hollywood film producer, and will charge him with money laundering.

Anti-Corruption Commission chief Latheefa Koya said Riza was picked up Thursday but has been released on bail.

鈥淗e has to appear before the court tomorrow to face charges under AMLA,鈥 she said, referring to the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. She declined to give details.

Riza was quizzed last July by the agency over alleged theft and money laundering at the 1MDB state investment fund.

U.S. investigators say Riza鈥檚 company, Red Granite Pictures Inc., used money stolen from 1MDB to finance Hollywood films including the Martin Scorsese-directed 鈥淭he Wolf of Wall Street.鈥 Red Granite has paid the U.S. government $60 million to settle claims it benefited from the 1MDB scandal.

Alleged corruption at the 1MDB fund helped bring on the unexpected defeat of Najib鈥檚 coalition in May 9 polls last year. The new government reopened investigations that were stifled while Najib was in office.

Najib is currently on trial for alleged criminal breach of trust, abuse of power, and money laundering linked to 1MDB. He has denied the charges. His wife, Rosmah Mansor, also has pleaded not guilty to money laundering and tax evasion related to 1MDB but her trial date has not been set.

Najib鈥檚 daughter, Nooryana Najwa, slammed the legal action against her brother.

鈥淒espite the settlement in the U.S. and the fact that alleged wrongdoings occurred entirely outside of Malaysia, the MACC decides to press charges after a whole year of leaving this case in cold storage. He is not a criminal,鈥 she wrote on Instagram, accompanied by a picture of her with Riza taken earlier Thursday before his arrest. /kga

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