1MDB, Najib and Malaysia
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Imprisoned former Malaysian Prime Minister Najib Razak was sentenced to 15 years and $3.3 billion in fines and assets after being convicted Friday in his biggest corruption trial tied to the multibillion-dollar looting of the 1MDB state investment fund.
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.
Former Malaysian prime minister Najib Razak used financier Jho Low as a “proxy or agent” in the affairs of 1MDB, a judge said in an ongoing ruling on 25 1MDB-related charges against the politician.