Continue reading this on our app for a better experience

Open in App
Floating Button
Home News 1MDB Watch

Najib to serve 12 years in jail for 1MDB crimes

Felicia Tan
Felicia Tan • 1 min read
Najib to serve 12 years in jail for 1MDB crimes
Najib was also fined RM210 million ($68.1 million) after being found guilty.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Malaysia’s former prime minister and current member of parliament (MP) for Pekan Najib Razak has been sentenced to up to 12 years in jail on July 28.

Najib was also fined RM210 million ($68.1 million) after being found guilty by High Court judge Mohd Nazlan Mohd Ghazali in the first of five trials related to the 1Malaysia Development Berhad (1MDB) scandal.

See also: Najib found guilty of all charges in first of five 1MDB-related trials

On July 28, Najib was charged with one count of abuse of power, three counts of criminal breach of trust, and three counts of money laundering, which was centred on the transferring of RM42 million from 1MDB’s former subsidiary, SRC International, into his private accounts.

Najib has previously pleaded his innocence, saying he was misled by financial advisors including Jho Low.

See also: Jho Low remains a wanted man: Singapore police

He has also said that he would file appeals up to the Federal Court should the verdict find him guilty.

See also: Najib takes stand, denies everything

Catch up on all the 1MDB-related stories here.

See also: A tale of greed and corruption - since July 2009

Highlights

Re test Testing QA Spotlight
1000th issue

Re test Testing QA Spotlight

Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.