Jailed Malaysian ex-PM Najib loses bid for review of graft conviction

March 31, 2023 01:11 PM AEDT | By Reuters
Follow us on Google News:
Image source: Reuters

KUALA LUMPUR (Reuters) - Malaysia's top court on Friday dismissed a bid by jailed former prime minister Najib Razak to seek a review of his corruption conviction over the multi-billion dollar scandal at state fund 1MDB.

Najib was jailed last year after Malaysia's Federal Court upheld a guilty verdict and 12-year prison sentence handed down to him by a lower court.

This was Najib's last chance to challenge the verdict in court. Najib has also applied for a pardon from Malaysia's king. If successful, he could be released without serving the full 12-year term.

Investigators have said some $4.5 billion was stolen from 1Malaysia Development Berhad (1MDB) - co-founded by Najib during his first year as prime minister in 2009 - and that more than $1 billion went to accounts linked to Najib.

Najib, 69, was charged after he lost a general election in 2018.

He was found guilty by a high court in 2020 of criminal breach of trust, abuse of power and money laundering for illegally receiving about $10 million from SRC International, a former unit of 1MDB. He lost all his appeals.

The former premier has consistently pleaded not guilty.

Last month, Najib was acquitted of audit tampering in a separate case linked to 1MDB. He remains on trial in three other cases related to graft at the fund and other government agencies.

(Reporting by Rozanna Latiff; Editing by Ed Davies)


The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK