Former Malaysian prime minister Najib Razak will be charged on Wednesday (Aug 8) with money laundering offences, the Malaysian Anti-Corruption Commission (MACC) confirmed in a statement on Tuesday, Channel News Asia reports. MACC’s investigation into Najib’s involvement is focused on how RM42 million (US$10.6 million) went from SRC International, a former unit of state fund 1Malaysia Development Berhad (1MDB), into his bank account. With the aid of several high-level 1MDB officials, their associates and bankers, the U.S. DOJ said $4.5 billion was instead diverted to offshore bank accounts and shell companies, many of which were linked to Najib’s associates, including fugitive businessman Jho Low, Reuters reports.