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Najib Razak Apologizes for 1MDB Scandal Without Admitting Full Responsibility

The former Malaysian Prime Minister, serving a halved prison sentence, expresses remorse but maintains his innocence in the corruption case.

  • Najib Razak, Malaysia's former Prime Minister, has issued a public apology for the 1MDB financial scandal while denying knowledge of illegal transfers.
  • 1MDB, a sovereign wealth fund co-founded by Najib, has been at the center of global corruption investigations involving over $4.5 billion in misappropriated funds.
  • Najib, sentenced to 12 years for corruption and money laundering, had his sentence reduced to six years by Malaysia's former king.
  • Despite expressing regret, Najib insists he was unaware of the alleged misappropriations and claims the funds he received were political donations.
  • Malaysia is considering legal reforms that could allow house arrest for certain offenses, which Najib is pushing for to serve the remainder of his sentence at home.
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