Reply To:
Name - Reply Comment
Last Updated : 2023-09-30 10:39:00
Sat, 30 Sep 2023 Today's Paper
(Kuala Lumpur) AFP: Malaysian prosecutors yesterday wrapped up the first of several cases against toppled leader Najib Razak over the plundering of 1MDB, a day before the start of his main trial linked to the scandal-hit fund.
With the prosecution now finished, a judge will hear arguments from both sides in October and rule on November 11 whether the case is strong enough to continue.
If he rules it, Najib will likely begin his defence in December.
The former Prime Minister, his family members and inner circle are accused of stealing billions of dollars from the sovereign wealth fund 1MDB in a fraud that stretched around the world.
The claims played a major part in Najib’s government losing power at elections last year. He was arrested after being ejected from office, and went on trial in April.
The current trial is the first of several that Najib is expected to face over 1MDB, and centres on claims that 42 million ringgit (US$10 million) was stolen from SRC International, a former unit of the fund.
The prosecution called 57 witnesses during the first stage of the trial and the court heard evidence about the lavish lifestyle enjoyed by Najib and his widely reviled wife, Rosmah Mansor, after allegedly looting state coffers.
Najib has denied all charges.
The 66-year-old’s biggest trial over 1MDB will begin today, centering on allegations that hundreds of millions of dollars linked to the fund were transferred to his bank account.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
In recent times, the skies above SriLankan Airlines, the national carrier of
The country’s health sector has recently witnessed allegations of massive c
Having passed the Sri Lanka Education Administrative Service Exam in 1988, Mr
History was made on July 26, 2023, when Sri Lanka-born Gary Anandasangaree wa