&nbsp;A Malaysian court on Monday ordered former Prime Minister Najib Razak to present his defence against seven counts of criminal breach of trust, money laundering and abuse of power in a case linked to a scandal surrounding state fund 1MDB.

Najib, who lost a general election last year, faces dozens of criminal charges over accusations that $4.5 billion was stolen from 1Malaysia Development Bhd (1MDB), which he co-founded in 2009.

In the first case facing him, Najib has pleaded not guilty to three counts of criminal breach of trust, three counts of money laundering and one count of abuse of power for allegedly receiving illegal transfers of 42 million ringgit ($10 million) from SRC International, a former 1MDB unit.

"SRC has been wrongfully deprived of the 42 million," Kuala Lumpur High Court judge Mohamad Nazlan Mohamad Ghazali said. "As such, I now call upon the accused to enter his defence on all seven charges."

Najib told the court he would take the stand in his defence. The defence case will start on Dec. 3.

If convicted, Najib could face hefty fines and jail terms ranging from 15 to 20 years on each charge.

Prosecutors wrapped up their SRC case against Najib after testimony from 57 witnesses. In his closing statement, Attorney-General Tommy Thomas said Najib had orchestrated graft at 1MDB "like an emperor".

A Malaysian court on Monday ordered former Prime Minister Najib Razak to present his defence against seven counts of criminal breach of trust, money laundering and abuse of power in a case linked to a scandal surrounding state fund 1MDB.

A Malaysian court on Monday ordered former Prime Minister Najib Razak to present his defence against seven counts of criminal breach of trust, money laundering and abuse of power in a case linked to a scandal surrounding state fund 1MDB. Najib, who lost a general election last year, faces dozens of criminal charges over accusations that $4.5 billion was stolen from 1Malaysia Development Bhd (1MDB), which he co-founded in 2009. In the first case facing him, Najib has pleaded not guilty to three counts of criminal breach of trust, three counts of money laundering and one count of abuse of power for allegedly receiving illegal transfers of 42 million ringgit ($10 million) from SRC International, a former 1MDB unit. "SRC has been wrongfully deprived of the 42 million," Kuala Lumpur High Court judge Mohamad Nazlan Mohamad Ghazali said. "As such, I now call upon the accused to enter his defence on all seven charges." Najib told the court he would take the stand in his defence. The defence case will start on Dec. 3. If convicted, Najib could face hefty fines and jail terms ranging from 15 to 20 years on each charge. Prosecutors wrapped up their SRC case against Najib after testimony from 57 witnesses. In his closing statement, Attorney-General Tommy Thomas said Najib had orchestrated graft at 1MDB "like an emperor".

Malaysian court orders ex-PM Najib to defend himself in 1MDB-linked case

Malaysia said on Monday it has filed criminal charges against <a href="http://www.wionews.com/south-asia/wall-street-titan-goldman-sachs-cheated-malaysia-pm-177088">Goldman Sachs</a> and two of the US bank's former employees in connection with a corruption and money laundering probe at state fund 1MDB.

Goldman Sachs has been under scrutiny for its role in helping raise funds through bond offerings for <a href="http://www.wionews.com/world/goldman-sachs-has-done-wrong-things-in-1mdb-case-pm-mahathir-mohamad-176997">1Malaysia Development Bhd (1MDB)</a>, which is the subject of investigations in at least six countries.

Malaysia's Attorney General Tommy Thomas said criminal charges under the country's securities laws were filed on Monday against Goldman Sachs, its former bankers Tim Leissner and Roger Ng, former 1MDB employee Jasmine Loo and financier Jho Low in connection with the bond offerings.

"The charges arise from the commission and abetment of false or misleading statements by all the accused in order to dishonestly misappropriate $2.7 billion from the proceeds of three bonds issued by the subsidiaries of 1MDB, which were arranged and underwritten by Goldman Sachs," Thomas said in a statement.

Malaysia said on Monday it has filed criminal charges against Goldman Sachs and two of the US bank's former employees in connection with a corruption and money laundering probe at state fund 1MDB.

Malaysia said on Monday it has filed criminal charges against Goldman Sachs and two of the US bank's former employees in connection with a corruption and money laundering probe at state fund 1MDB. Goldman Sachs has been under scrutiny for its role in helping raise funds through bond offerings for 1Malaysia Development Bhd (1MDB), which is the subject of investigations in at least six countries. Malaysia's Attorney General Tommy Thomas said criminal charges under the country's securities laws were filed on Monday against Goldman Sachs, its former bankers Tim Leissner and Roger Ng, former 1MDB employee Jasmine Loo and financier Jho Low in connection with the bond offerings. "The charges arise from the commission and abetment of false or misleading statements by all the accused in order to dishonestly misappropriate $2.7 billion from the proceeds of three bonds issued by the subsidiaries of 1MDB, which were arranged and underwritten by Goldman Sachs," Thomas said in a statement.

Malaysia files criminal charges against Goldman Sachs in 1MDB probe

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Malaysian court orders ex-PM Najib to defend himself in 1MDB-linked case

Malaysia files criminal charges against Goldman Sachs in 1MDB probe