Former Malaysian PM Najib Razak has been found guilty of all seven charges in the first of several multi-million dollar corruption trials.
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, but also maintains his innocence.
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) transferred from the fund to the then-prime minister’s private accounts. Najib was in office from 2009 to 2018.
” judge Mohamad Nazlan Mohamad Ghazali told the Kuala Lumpur High Court that “After considering all evidence in this trial, he finds that the prosecution has successfully proven its case beyond a reasonable doubt
The charges carry as much as 15 to 20 years in prison each. Before the verdict, he said he would appeal if found guilty.