The Malaysian Anti-Corruption Commission (MACC) said in a press invitation that the person would be charged at the sessions court in Kuala Lumpur.
MACC did not name the former managing director in its statement.
The project has come under parliamentary scrutiny over costs and delays in construction. The first ship was launched in 2017 and scheduled for delivery in 2019, with the rest at six-month intervals. However, none has been completed or delivered.
Prime Minister Ismail Sabri Yaakob has said that he had directed Attorney-General Idrus Harun and MACC chief Azam Baki to act swiftly over the project.
He had pledged that investigations would be conducted transparently and that Putrajaya would not protect anyone involved.
In January, MACC was reported to have detained two chief executive officers in relation to the project.
Last week, parliamentary watchdog the Public Accounts Committee had questioned management and contract decisions made by two senior management officials involved in the project.
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