Former Malaysian PM Najib sentenced to 12 years in prison

Kuala Lumpur (VNA) – Former Prime Minister
Najib Razak of Malaysia was sentenced to 12 years in prison for the
offence related to abuse of power at a trial on July 28.
He was also fined 210 million RM (49.4 million USD).
High Court judge Mohd Nazlan Mohd Ghazali also sentenced Najib
to 10 years in prison for breach of trust and another 10 years for money
laundering.
However, he ordered that all the sentences run concurrently. This means Najib will only serve a total of 12 years in jail.
Earlier the same day, the High Court found Najib guilty of all seven charges related to the misappropriation of 42 million RM of
SRC International funds.
The 1MDB was formed by
Najib Razak in 2009 for socio-economic development. Malaysian and US
investigators held that the fund caused a loss of about 4.5 billion USD in the
2009-2015 period, while about 1 billion USD was sent to Najib’s personal bank
accounts./.