Former Malaysian Prime Minister Najib Razak pleaded not guilty to three charges of money laundering in connection with a multibillion-dollar scandal surrounding the state fund 1Malaysia Development Berhad (1MDB), according to Reuters.

The charges, read out in a lower court, were related to three electronic transfers amounting to 42 million ringgit (10 million US dollars) from SRC International, a former 1MDB unit, into Najib's personal bank account.

 Najib was charged with corruption and criminal breach of trust but was granted bail in early July.

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