Malaysia’s former prime minister Najib Razak arrives to give a statement to the Malaysian Anti Corruption Commission (MACC) in Putrajaya, Malaysia May 24, 2018. REUTERS/Lai Seng SinMalaysia is investigating allegations that billions of dollars had been siphoned from 1MDB, which Najib founded and was a key reason behind his shock loss in at an election last month.I am to be charged on political grounds, I am confident the courts will find me innocent, Najib said.1MDB was founded by Najib in 2009 and is the subject of money laundering probes in at least six countries, including the United States, Switzerland and Singapore. Department of Justice has alleged that more than $4.5 billion was misappropriated from 1MDB, and about $700 million of that went to Najib personal bank accounts.Najib has always denied any wrongdoing.Police on Monday raided a house linked to Najib in the administrative capital of Putrajaya, the latest premise to be searched in connection with their investigation on 1MDB.Officers were seen carrying out boxes from the house before leaving in four police cars, according to national news wire Bernama.Police had seized hundreds of luxury handbags and dozens other bags filled with jewelry and cash in earlier searches of premises linked to Najib.
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