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Home /  Southeast Asia  /  $800,000 spent in one day on Malaysia ex-PM’s cards

$800,000 spent in one day on Malaysia ex-PM’s cards

Kuala LUMPUR: Credit cards belonging to Malaysia’s disgraced ex-leader Najib Razak were used to spend over $800,000 in one day at a luxury jeweller in Italy, a court has heard. The 2014 spending spree is the latest evidence of what critics say is the lavish lifestyle enjoyed by Najib after he and his cronies allegedly plundered state coffers.
The former prime minister, his family members and inner circle are accused of stealing billions of dollars from Malaysian sovereign wealth fund 1MDB in a fraud that stretched around the world. The claims played a major part in Najib’s government losing power at elections last year. (AFP)