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Former Malaysian PM Najib Razak guilty on all corruption charges

Former Malaysian PM Najib Razak guilty on all corruption charges

Former Malaysian PM Najib Razak guilty on all corruption charges
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Former Malaysian Prime Minister Najib Razak has been found guilty of all seven charges in the corruption trials.

He has pleaded guilty of charges in the first of various multi-million dollar corruption trials. He had pleaded not guilty of money laundering, abuse of power, and criminal breach of trust.

A global web of fraud and corruption has been uncovered under Malaysia’s 1MDB sovereign wealth fund.

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According to initial details, today’s verdict was given on 42 million ringgit ($10m, £7.7m) transferred from the fund to Mr. Najib’s private accounts.

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Najib Razak served as a PM from 2009 to 2018. 

He denied all the charges and said that he was misled by financial advisors, especially fugitive financier Jho Low who has been charged in both the US and Malaysia.

He had said that he would appeal against a guilty verdict before the verdict was given. 

If found guilty, he could be imprisoned for decades and could face substantial fines. He would be the first Malaysian Prime Minister to be convicted in a criminal court.

“It’s a test for Muhyiddin’s [the current prime minister’s] government,” said Bridget Welsh, an expert on Malaysia and honorary research fellow with the University of Nottingham’s Asia Research Institute Malaysia. “It will also send a very important signal about whether leaders will be held to account for what they do while in office, as well as the penalties for elites abusing the system.”

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