Malaysia Court Upholds Former PM Najib Razak's Conviction In 1MDB Scandal

Wednesday, 8 December 2021newsdesk

A Malaysian appeal court Wednesday upheld former leader Najib Razak's conviction and 12-year jail term over the multi-billion-dollar 1MDB scandal, which contributed to his government's downfall in 2018.

New Delhi, 08 December 2021

As per news report of NDTV, "We dismiss the appellant's appeal," judge Abdul Karim Abdul Jalil told the Court of Appeal in administrative capital Putrajaya."We affirm the High Court conviction on all seven charges." The 68-year-old was found guilty on all counts last year in the first of several trials he is facing related to the looting of the 1Malaysia Development Berhad sovereign wealth fund. Najib and his cronies were accused of stealing billions of dollars from the investment vehicle and spending it on everything from high-end real estate to pricey art.

Source - NDTV