KUALA LUMPUR (July 5): Hollywood producer Riza Shahriz Abdul Aziz, the stepson of former premier Datuk Seri Najib Razak, has been charged with five counts of money laundering at the Kuala Lumpur Sessions Court today for receiving unlawful proceeds totalling US$248.17 million ($337 million).

The charges were read to him before Sessions Cout judge Rozina Ayob, relating to five offences committed betwen April 12, 2011, and Nov 14, 2012, in the US and Singapore.

"Do you plead guilty?" said the judge.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook