BREAKING: After 6 Years, Kuala Lumpur High Court Finds All 25 Charges Against Najib in 1MDB Case are Valid

by · WORLD OF BUZZ

The High Court has delivered its verdict in the high-profile case involving former Prime Minister Datuk Seri Najib Tun Razak for his 1Malaysia Development Berhad (1MDB) corruption trial. 

As reported by BERNAMA, Judge Datuk Collin Lawrence Sequerah (now a Court of Appeal judge) delivered the decision in which he asserted that all of Najib’s 25 charges pertaining to 1MDB are valid and not defective.

For illustration purposes

Najib, who is currently imprisoned for the infamous SRC International case, faced 4 charges of using his position to obtain RM2.3 billion in bribes from 1MDB funds and 21 money laundering charges involving the same amount.

The 4 charges were under Section 23(1) of the Malaysian Anti-Corruption Commission Act 2009 and can be punished under Section 24(1) of the same act.

He was accused of having used his position to gain RM2.3 billion in bribes from 1MDB funds in AmIslamic Bank Berhad’s branch on Jalan Raja Chulan, Bukit Ceylon here between 14 February 2011 and 19 December 2014.

For these charges, the former Finance Minister faces up to 20 years in prison and a fine amounting to either five times the value involved or RM10,000, whichever is higher if convicted.

For illustration purposes

Meanwhile, the other 21 charges were Section 4(1)(a) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. 

The former Prime Minister was accused of having committed the offences at the same bank between 22 March 2013 and 30 August 2013.

For these charges, he could face a maximum fine of RM5 million or a prison term of up to 5 years, or both, upon conviction.

 

Stay tuned to WORLD OF BUZZ for the latest update!

 

Also read: “I accept it well” – PM Anwar Ibrahim Responds to Ex-PM Najib Razak’s Apology Over 1MDB Debacle

Source: Yana Najib l Instagram