Former Malaysian prime minister Najib Razak was found guilty of all seven charges in his first corruption trial on July 28 involving millions of ringgit linked to state development fund 1Malaysia Development Berhad (1MDB).
Former Malaysian prime minister Najib Razak (Photo: AFP/VNA)
Kuala Lumpur (VNA) - FormerMalaysian prime minister Najib Razak was found guilty of all sevencharges in his first corruption trial on July 28 involving millions ofringgit linked to state development fund 1Malaysia Development Berhad(1MDB).
High Court judge Mohamad NazlanMohamad Ghazali said that the prosecution has successfully proven its casebeyond a reasonable doubt.
“I therefore find the accused guiltyand convict the accused on all seven charges,” he said.
The 1MDB was formed by Najib Razak in2009 for socio-economic development. Malaysian and US investigators held thatthe fund caused a loss of about 4.5 billion USD in the 2009-2015 period, whileabout 1 billion USD was sent to Najib’s personal bank accounts.
Najib have been brought to the courtsince he lost all power. He faced 42 charges of money laundering and bribery.But he rejected all the charges and held that the accusations were of politicalpurposes./.
A Malaysian court on July 22 ordered former Prime Minister Najib Razak, related to the 1Malaysia Development Berhad (1MDB) fund, to settle 1.69 billion ringgit (397.41 million USD) in unpaid taxes over seven years while he was still in office, the National News Agency Bernama of Malaysia reported.
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Former Malaysian prime minister Najib Razak (Photo: AFP/VNA) 
