World

Malaysia’s ex-PM Najib Razak found guilty in 1MDB graft case

Malaysia's ex-PM Najib Razak found guilty in 1MDB graft case

TIL Desk/World/Kualalumpur/ Former Malaysian prime minister Najib Razak was found guilty on Tuesday on all seven corruption charges in his first trial linked to a multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB).

The landmark case has been widely seen as a test for the country’s efforts to stamp out corruption and could have big political implications for the Southeast Asian nation.

“After considering all evidence in this trial, I find that the prosecution has successfully proven its case beyond a resonable doubt,” Kuala Lumpur High Court Judge Mohamad Nazlan Mohamad Ghazali said.

Najib faced seven charges of criminal breach of trust, money laundering and abuse of power for allegedly illegally receiving nearly $10 million from former 1MDB unit SRC International. He had plead not guilty.

Malaysia ex-PM Najib fails to raise reasonable doubt on abuse of power charge –court Each of the charges carry hefty fines and jail terms of up to 15 or 20 years. Najib’s lawyers are seeking a delay in sentencing. Najib has said he would appeal any decision at the federal court.

Leave a Reply

Your email address will not be published. Required fields are marked *