US EditionCourt finds Malaysia’s former PM Najib Razak guilty of abuse of power
Najib Razak convicted on four abuse of power counts and 21 money laundering charges involving over $700 million from 1MDB, ending a seven-year trial in Malaysia's anti-corruption fight.
- On Friday, the Kuala Lumpur High Court found Najib Razak, former Malaysian prime minister, guilty on four counts of abuse of power in the final 1MDB case.
- Prosecutors say Najib Razak abused his prime minister, finance minister and 1MDB advisory-board chairman roles involving about 2.2 billion ringgit .
- During the seven-year trial, courts heard from 76 witnesses as Judge Collin Lawrence Sequerah said `It must be appreciated that the accused... stood at the very apex of the decision-making process with regard to matters in 1MDB`.
- The ruling could test the survival of the ruling coalition led by Prime Minister Anwar Ibrahim, as on Monday Akmal Saleh, UMNO youth leader, urged UMNO to break the coalition and serve as a 'dignified opposition'.
- The affair drew international probes and implicated Goldman Sachs, while the U.S. Justice Department says executives looted over $4.5 billion from the fund.
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96 Articles
Malaysian Justice has found former Prime Minister Najib Razak guilty on Friday of abuse of power in the framework of the corruption scandal around the state fund 1Malalaysia Development Berhad (1MDB), a case for which he has already served a prison sentence for years.Najib, 72, has been imprisoned since August 2022, when the Malaysian Supreme Court confirmed the conviction of twelve years in prison against him for seven corruption offences relat…
Former Malaysian Prime Minister Najib Razak has been convicted of embezzlement of more than $700 million from a state investment fund.
Former Malaysian Prime Minister Najib Razak was convicted today of money laundering, for transferring more than $700 million from the 1MDB fund, which is owned by the Ministry of Finance, to his private accounts.
Former Malaysian PM Najib found guilty of money laundering in 1MDB corruption case
Malaysia's High Court on Friday found former Malaysian prime minister Najib Razak guilty of all 21 counts of money laundering related to the sprawling corruption scandal involving Malaysia's sovereign wealth fund 1Malaysia Development Berhad (1MDB). This conviction is likely to add years to the prison sentence he is already serving.
Malaysia Court Convicts Ex-PM Najib in Landmark 1MDB Abuse of Power Case
A Malaysian court has found former Prime Minister Najib Razak guilty of abuse of power in the largest trial linked to the multibillion-dollar 1MDB corruption scandal. Najib, who co-founded the state investment fund in 2009, has already been jailed since 2022 after a separate corruption conviction related to the same fund. Investigators in Malaysia and […] The post Malaysia Court Convicts Ex-PM Najib in Landmark 1MDB Abuse of Power Case appeared …
Malaysia’s ex-PM Najib Razak convicted of abuse of power in second 1MDB trial
Former Malaysian Prime Minister Najib Razak has been found guilty in his second major trial linked to the multibillion-dollar 1MDB scandal. The verdict, handed down by the Kuala Lumpur High Court, carries major legal and political implications for Malaysia, highlighting the country’s ongoing battle against corruption and the misuse of public funds.
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