High Court finds Najib guilty of all seven charges in misappropriation of RM42m SRC International funds | Malaysia | Malay Mail
Datuk Seri Najib Razak has been found guilty by the High Court today for abuse of power and misappropriating over RM42 million from 1Malaysia Development Berhad’s (1MDB) former subsidiary SRC International Sdn Bhd.
In delivering his judgement to a packed courtroom, High Court judge Mohd Nazlan Mohd Ghazali said Najib was complicit in the deposits of RM42 million from SRC International in his private account.
“In conclusion after considering all evidence in this trial, I find that the prosecution has successfully proven its case beyond reasonable doubt against the accused, I therefore find the accused guilty and convict the accused on all seven charges,” he said.
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Pour chacun des six principaux chefs d’accusation, le prévenu encourait une peine d’une dizaine d’années : au lieu d’être additionnés, ils ont été fondus en une seule sentence de douze ans. Najib Razak a plaidé non coupable, affirmant avoir été abusé par d’anciens affidés.
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Najib faces four more trials related to the theft of billions of dollars from 1MDB. The US department of justice said that the fund’s cash was used to purchase luxury apartments in Manhattan, paintings by Monet and even financed a major Hollywood movie. The DoJ says $680m (£525m) ended up in the prime minister’s bank accounts. This in a country where 40% live on less than £2 a day.
But Najib has stayed active in politics, working behind the scenes. His party, the United Malays National Organisation (Umno), played a decisive role in instigating Machiavellian levels of betrayal to bring down the government that had come to power by defeating him. Umno currently props up the shaky Perikatan Nasional government, made up of Malay-centric parties and rural fundamentalists. Regaining high office, his opponents say, is the only way Najib can save himself from jail.
This would be an awful turn of events. Najib’s Umno was autocratic as well as corrupt, and it let the economy splutter. The party lost office in 2018 after six decades in power. There was a genuine hope that the new multiracial Pakatan Harapan government would be a force for change. But apart from press freedoms and an anti-corruption drive, the hopes of the new government were largely unfulfilled.