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.

He faces up to 20 years’ prison, whipping and a fine for the three CBT charges; up to 15 years in jail and a fine for the money laundering charges, and prison time of up to 20 years and a fine for the abuse of power charge, according to local media

Razak’s lawyers have asked for sentencing and mitigation to be adjourned to Monday (August 3).

© SalaamGateway.com 2020 All Rights Reserved


tags:

Corruption
Legal
Author Profile Image
Staff Writer