Najib's brother, as well as companies, political parties and organizations linked to Najib’s coalition have been ordered to repay the misappropriated funds or risk prosecution.
A total of 80 people and entities that allegedly received funds totaling some 420 million ringgit ($100 million) from Malaysia state investment fund 1Malaysia Development Berhad have been issued fines by the Malaysian Anti-Corruption Commission (MACC).
«We have issued compound notices against all of these people and entities for the purpose of them to pay up the fine,» MACC chief commissioner Latheefa Koya told reporters, news wire «Reuters» reported on Monday.
Koya did not specify the size of the fines issued, though said it could be up to 2.5 times the amount received.
Najib's Brother Ordered to Repay
Among those who were issued fines are Nazir Razak, the brother of former Malaysia Prime Minister Najib Razak who was the chairman of CIMB, the country's second-largest bank. He received 25.7 million ringgit in the form of cheques, Koya said.
Shahrir Abdul Samad, a former minister in Najib's cabinet and chairman of state palm oil agency Felda, was also issued a fine.
Najib, 66, was ousted from power earlier this year. He currently faces 25 charges – four for abuse of power that allegedly brought him financial benefits to the tune of $550 million; and 21 for money laundering involving the same amount of money.
