Categories: Estero

Ex-Malaysia PM Najib Razak given 15-year jail term over state funds scandal | BBC News


Former Malaysian Prime Minister Najib Razak has been jailed for 15 years for abuse of power and money laundering, in his second major trial for a multi-billion-dollar state funds scandal.

Najib, 72, was accused of misappropriating nearly 2.3 billion Malaysian ringgit ($569m; £422m) from the nation’s sovereign wealth fund 1Malaysia Development Berhad (1MDB)

On Friday afternoon a judge found him guilty on four charges of abuse of power and 21 charges of money laundering

The former PM is already in jail after he was convicted years ago in another case related to 1MDB

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