Malaysian ex-PM Najib Razak found guilty in 1MDB trial: What we know
Former Malaysian Prime Minister Najib Razak was found guilty of abuse of power and money laundering by the Kuala Lumpur High Court in a major trial related to a multibillion-dollar scandal over the country’s sovereign wealth fund, 1MDB, on Friday. What was the verdict against Najib? Najib, 72, has been found guilty of four counts of abuse of power and 21 counts of money laundering linked to the illegal transfer of about 2.2 billion Malaysian ringgit ($543m) from 1MDB more than a decade ago. Recommended Stories list of 4 items list 1 of 4 Meet the US’s drug running friends: A history of narcotics involvement list 2 of 4 Malaysia halves ex-PM Najib Razak’s jail term in 1MDB corruption scandal list 3 of 4 Malaysian court rejects Najib’s bid to serve sentence under house arrest list 4 of 4 Swiss court convicts two executives for embezzling $1.8bn from 1MDB end of list Each charge carries between 15 and 20 years’ imprisonment, although sentencing has yet to b...