Photo: Former Malaysia PM Najib Razak arriving at the Kuala Lumpur High Court for the SRC trial on July 21, 2020. Yuri Abas/Shutterstock

Islamic Finance

Former Malaysia PM Najib Razak found guilty on seven charges related to 1MDB case


Malaysia’s former prime minister Najib Razak has been found guilty of all seven charges related to the misappropriation of 42 million ringgit ($9.9 million) involving SRC International, a former unit of 1MDB.

High Court judge Mohamad Nazlan Mohamad Ghazali said on Tuesday (July 28) that after considering all evidence, he found the prosecution had successfully proven its case “beyond a reasonable doubt”.

The High Court found Razak guilty on three counts of criminal breach of trust, three counts of money laundering and one count of abuse of position.

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

tags:

Corruption
Legal