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Najib Razak Convicted in New 1MDB Case, Sentenced to 15 Years

The High Court ruling follows a separate trial built on bank records and testimony from more than 50 witnesses.

L'ex-Premier ministre malaisien Najib Razak (au centre), le 30 octobre 2024 au complexe de justice de Kuala Lumpur
Panneau d'affichage de l'ancien fonds souverain 1MDB, le 22 septembre 2015 à Kuala Lumpur

Overview

  • Malaysia’s High Court found the former prime minister guilty on December 26 in a 1MDB-related case and imposed a 15-year prison sentence.
  • Prosecutors charged four counts of abuse of power and 21 counts of money laundering tied to roughly 2.28 billion ringgit allegedly routed into his personal accounts.
  • Judge Collin Lawrence Sequerah said guilt was proven beyond a reasonable doubt and rejected the defense claim that the funds were Middle Eastern donations.
  • The verdict adds to a separate sentence Najib is already serving from an earlier 1MDB conviction, which was halved in a partial pardon in January 2024 after his 2022 imprisonment.
  • Low Taek Jho, described by investigators as the scheme’s mastermind, remains a fugitive as the scandal continues to reverberate through Malaysian politics and across international probes in the United States, Switzerland and Singapore.