Najib Razak was charged with four counts of abuse of power and 21 counts of money laundering millions of dollars of a state investment fund which he set up in 2009. Najib pleaded not guilty to all 25 charges.
The former prime minister has pleaded not guilty to all charges related to the transfer of $10.31 million into his personal bank account and has been granted bail.
Former Malaysian prime minister Najib Razak, who was previously charged with abuse of power and criminal breach of trust, also pleaded not guilty to the latest charges that relate to $10.3 million transferred into his bank account from a state fund.
Police said 12,000 pieces of jewelry, 567 handbags, 423 watches and 234 sunglasses were confiscated last month from properties linked to former Malaysian Prime Minister Najib Razak.
Police seized handbags and a few other personal items from former prime minister Najib Razak's home in connection with a money-laundering probe, but his lawyer said they found nothing incriminating.
The announcement follows strong calls from the party for the scandal-plagued Najib Razak to step down over the disastrous election defeat to a four-party opposition alliance headed by veteran politician Mahathir Mohamad.
The move comes as Malaysian officials accuse the opposition coalition of using fake news to win votes ahead of an election, amid criticism of the prime minister's handling of a corruption scandal.
The Oscar-winning actor is cooperating with the US Justice Department in order to return any gifts or donations connected to the Malaysian fund.
Malaysian government's strategic development company 1Malaysia Development Berhad to become shell company after rationalisation plan is fully implemented
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