1MDB scandal: Najib Razak handed 12-year jail sentence
Ex-Malaysian PM convicted of all seven charges in first trial linked to multibillion dollar scandal
Malaysia’s former prime minister Najib Razak has been found guilty of all seven charges in his first trial linked to the multibillion-dollar 1MDB scandal – a landmark conviction that means he now faces 12 years in jail.
Najib has denied any wrongdoing in relation to what is one of the world’s biggest financial frauds, in which billions of dollars were allegedly looted from a state fund set up to promote development. The scandal shook Malaysian politics, led to the ousting of Najib’s Umno party after 61 years in power, and prompted a series of investigations in countries around the world.
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