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Ex-PM Najib Loses Court Of Appeal Bid To Overturn Seven 1MDB Charges

today8 December 2021

Background


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A landmark verdict was delivered today at the Court of Appeal, as it upheld former Prime Minister Najib Razak’s conviction for embezzling over RM42 million from 1MDB-linked company SRC International (SRC).

Lead judge Datuk Abdul Karim Abdul Jalil, in delivering the unanimous verdict, said that Najib β€œdishonestly misappropriated the money” and that they had β€œno reason to disagree with the High Court”.

β€œThis is no national interest as the appellant claimed for SRC. This is a national embarrassment,” he was quoted as saying by The Malaysian Reserve.

(Source: Reuters/South China Morning Post)

Najib had previously been convicted on 28 July last yearΒ at the High Court on seven charges – one for abuse of power, and three each for criminal breach of trust and money laundering – after more than two years of proceedings.

For those crimes, he was slapped with a 12-year prison sentence, as well as a fine totalling…

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Written by: Ahmad Hamizan


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