The jailed former Malaysian prime minister Najib Razak has been sentenced to an additional 15 years after he was found guilty of abuse of power, in the biggest trial yet in the multibillion-dollar fraud scandal related to the state fund 1MDB. Najib’s conviction substantially increases the six-year prison term he is already serving for a […]
Tag: Najib
Former Malaysian prime minister Najib Razak found guilty of abusing power and money laundering
A Malaysia court has convicted former prime minister Najib Razak for abuse of power and money laundering, in his second major trial for a multi-billion-dollar state funds scandal. Najib, 72, was accused of misappropriating nearly 2.3 billion Malaysian ringgit ($569m; £422m) from the nation’s sovereign wealth fund 1Malaysia Development Berhad (1MDB). On Friday afternoon a […]