A Malaysian court has convicted former Prime Minister Najib Razak of embezzlement in the 1MDB corruption scandal.
Najib Razzaq was charged with embezzlement of money from the government development fund, abuse of power and money laundering.
A Malaysian court has convicted former Prime Minister Najib Razak of all seven charges in the first of several cases of corruption in the government development fund Malaysia Development Fund (1MDB).
The court ruled in favor of the first of the 42 charges pending against the former prime minister in five separate cases. Najib Razzaq is accused of setting up a 1MDB company after taking power in 2009 and allegedly manipulating 42 million ringgit, or about 9.5 million.
Najib Razzaq, who was found guilty on Tuesday, faces up to 15 to 20 years in prison in addition to paying heavy fines. Najib’s team of lawyers is trying to postpone his sentence.
Najib Razzaq said that he would appeal against the decision of the High Court in the Supreme Court. He said his advisers had misled him and that it was a political case against him.