News

Najib Tun Razak Arrives At Court From Kajang Prison For 1MDB Trial

Najib Tun Razak arrived at the Kuala Lumpur Court Complex here for his 1Malaysia Development Berhad (1MDB) trial at the High Court.

Najib Tun Razak, clad in a dark blue suit, arrived at the complex at 8.26 am in a black SUV escorted by police vehicles.

Reporters from the local and international media had gathered at the main entrance since 7.30 am.

Najib is facing four charges of using his position to obtain bribes totaling RM2.3 billion from 1MDB funds and 21 charges of money laundering involving the same amount.

On Tuesday, he was sent to Kajang prison after the Apex Court upheld the 12 years jail sentence and RM210 million fine on Najib for misappropriating RM42 million of SRC International funds.

A five-member bench led by Chief Justice Tun Tengku Maimun Tuan Mat dismissed Najib’s appeal to set aside the conviction and sentence imposed by the Kuala Lumpur High Court on July 28, 2020.

Najib had on Dec 8, 2021, failed to overturn the ruling after the Court of Appeal upheld the High Court’s decision.

To those who might not know, 1Malaysia Development Berhad (1MDB) is an insolvent Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). 1MDB was established to drive strategic initiatives for long-term economic development for the country by forging global partnerships and promoting foreign direct investment.

Sources: BERNAMA.

Adib Mohd

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