December 14, 2024 22:17 (IST)

Make this your homepage

South Asia / Southeast Asia / China

Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release | Donald Trump intends to end 'inconvenient' and 'very costly' Daylight Saving Time | Suchir Balaji: Indian-origin former OpenAI researcher found dead at US apartment | Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days

Najib Razak

UNI

Ex Malaysian PM Najib Razak found guilty in 1 MBDB case

India Blooms News Service | @indiablooms | Jul 28, 2020, at 11:46 pm

#Najib Razak #Malaysia #MalaysianPM

Kuala Lumpur/UNI: Former Prime Minister of Malaysia Najib Razak found guilty of all seven charges of corruption in 1MDB linked graft case on Tuesday.

Judge Mohd Nazlan Ghazali said the defence had failed to raise reasonable doubt over Najib's role in diverting an estimated 42 million ringgit (9.8m dollars) from SRC International, a unit of 1MDB, into his personal bank accounts, Al Jazeera reported.

According to The Star, Najib had been charged with one count of abuse of power, three counts of money laundering and three counts of criminal breach of trust (CBT). All of them involved money misappropriated from 1MDB subsidiary SRC International Sdn Bhd.

The former Prime Minister faces up to 20 years in prison and a fine for the abuse of power charge; up to 15 years in prison and a fine for money laundering; and up to 20 years in prison, whipping and a fine for the CBT, following his conviction.

The decision came just six days after the High Court ordered Najib to pay the government as much as 1.69 billing ringgit (400 m dollars) in unpaid taxes and penalties, for the years from 2011 to 2017.

Earlier Najib pleaded not guilty to the charges at the start of the trial and claimed the legal proceedings as politically motivated.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.