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Last Updated : 2024-03-28 17:02:00
Former Malaysian PM Najib Razak has been found guilty of all seven charges in the first of several multi-million dollar corruption trials.
He had pleaded not guilty to the charges of criminal breach of trust, money laundering and abuse of power.
The case was widely seen as test of Malaysia's rule of law and anti-corruption efforts.
The scandal around Malaysia's 1MDB sovereign wealth fund has uncovered a global web of fraud and corruption.
Tuesday's verdicts centred on 42 million ringgit ($10m, £7.7m) transferred from the fund to the then-prime minister's private accounts. Najib was in office from 2009 to 2018.
"After considering all evidence in this trial, I find that the prosecution has successfully proven its case beyond a reasonable doubt," judge Mohamad Nazlan Mohamad Ghazali told the Kuala Lumpur High Court.
Najib denies all wrongdoing and says he was misled by financial advisors - in particular fugitive financier Jho Low who has been charged in both the US and Malaysia.
The charges he was found guilty on carry as much as 15 to 20 years each. Before the verdict, he said he would appeal if found guilty.
The 1 Malaysia Development Berhad (1MDB) fund was set up in 2009, when Najib Razak was prime minister, to aid the nation's economic development.
In 2015, questions were raised around its activities after it missed payments owed to banks and bondholders.
Malaysian and US authorities allege that about $4.5bn was illicitly plundered from the fund and diverted into private pockets.(BBC)
Pure citizen Tuesday, 28 July 2020 10:36 AM
Malaysian corruption trial is complete opposite to banana republic trials
King Tuesday, 28 July 2020 10:39 AM
Sri Lankan Judiciary take note and set the same example for us.
nimelen Tuesday, 28 July 2020 11:20 AM
it's not just judiciary. its the police and law and order minister's responsibility. in here everyone (I said every one ) steal from peoples pocket.
Patriot Tuesday, 28 July 2020 11:26 AM
Sorry King, here corruption or bribery is worshipped same as any God
Samson Tuesday, 28 July 2020 12:10 PM
Result when a country is not a banana republic.
Hassanda Tuesday, 28 July 2020 12:41 PM
The Almighty Should Save our future generations All Politicians are crooks in Banana Republic These idiots will promise in giving us Heaven For power haste
BuffaloaCitizen Tuesday, 28 July 2020 01:12 PM
Ha Ha never happens in the Banana Republic. Perhaps this can happen if the JVP comes in.
vince Tuesday, 28 July 2020 01:21 PM
GR TAKE NOTE EVEN THOUGH YOUR SIBLINGS AND OTHER RELATIVES, FRIENDS AMONG OTHERS MIGHT SUFFER THE SAME FATE
brainmaster Tuesday, 28 July 2020 02:30 PM
Great job done in Malaysia, bravo. I wish we would have the same here.
sarath Tuesday, 28 July 2020 02:32 PM
Same should be done in Sri Lanka also
E. Fernando Tuesday, 28 July 2020 02:47 PM
Just like Mahendran, the main rogue Jho Low escapes
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