1MDB, Najib and Malaysia
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Najib Razak, the former prime minister already serving a sentence linked to the looting of the 1MDB fund, was found guilty of corruption in a related case.
Malaysia's High Court found former Malaysian Prime Minister Najib Razak guilty of abuse of power and money laundering on Friday in the biggest trial yet in the multibillion-dollar 1MDB scandal.
Shafee reportedly requested a 30-minute break, which Sequerah granted. When proceedings resume, the court is expected to hear Najib's defence team present mitigation before sentencing. The judge is now deliberating his judgment on the remaining charges. The judge noted that Najib hailed from a prominent political dynasty.
Former Malaysian Prime Minister Najib Razak was found guilty in the RM2.3 billion 1MDB trial, marking a key development in the scandal. Read more at straitstimes.com. Read more at straitstimes.com.
After a seven-year trial, the High Court on Friday (Dec 26) sentenced Datuk Seri Najib Razak to 15 years in prison and a fine of RM11.4bil, in default 40 years' imprisonment, after he was found guilty of 25 charges of money laundering and abuse of power,
Justice Datuk Collin Lawrence Sequerah said former prime minister Datuk Seri Najib Razak is not a "orang kampung" (villager) who would be clueless about the misappropriation of 1MDB funds In delivering the verdict today,
Malay Mail on MSN
‘Pure fantasy’ to suggest 1MDB’s officers colluded with Jho Low against Najib, High Court says
PUTRAJAYA, Dec 26 — The High Court said today it would be “pure fantasy” to believe that 1Malaysia Development Bhd (1MDB) officers subordinate to former prime minister Datuk Seri Najib Razak would willingly conspire against a sitting premier alongside fugitive businessman Low Taek Jho, better known as Jho Low.