anti-money laundering act

SINGAPORE (Oct 18): Ahmad Zahid Hamidi, president of Malaysia’s United Malays National Organisation (UMNO), was put under arrest earlier today at 3.15pm by the Malaysian Anti-Corruption Commission (MACC).

(Aug 8): Malaysia’s former Prime Minister Najib Razak was charged under the anti-money laundering act in a case linked to the multibillion-dollar 1MDB scandal, adding to his earlier charges of corruption and breach of trust.