Malaysia Ex-PM Najib Razak Guilty of Abuse of Power

Former Malaysian Prime Minister Najib Razak was found guilty of abuse of power in the biggest trial related to the 1MDB scandal. The court ruled that Najib had abused his position and misused funds from the state-owned investment firm. Najib faces a potential jail term of between 15 and 20 years on each charge, as well as a fine. The verdict has significant political implications, as Najib's party is part of the current ruling coalition.

Former Malaysian Prime Minister Najib Razak has been found guilty on all four counts of abuse of power in the final criminal case related to the 1Malaysia Development Berhad (1MDB) scandal. The trial, which lasted seven years, involved the alleged misappropriation of over US$4.5 billion from the state fund. Najib faces a maximum jail term of between 15 and 20 years on each charge, as well as a fine of up to five times the value of the alleged misappropriations. The decision was delivered at the Palace of Justice in Putrajaya, and Najib, who is already jailed, faces a total of 21 additional counts of money laundering.

Former Malaysian Prime Minister Najib Razak has been found guilty of abuse of power in the latest 1MDB trial. Najib, who has been in prison since August 2022, was charged with corruption and money laundering for receiving illegal transfers of about $544.15m from 1MDB. The 1MDB scandal is one of the largest financial scandals in history, with at least $4.5bn allegedly stolen from the state fund. Najib has consistently denied wrongdoing, claiming he was misled by 1MDB officials and fugitive financier Jho Low. The verdict is a significant development in the ongoing investigation into the 1MDB scandal.