1MDB, Najib and Malaysia
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KUALA LUMPUR - Malaysia’s massive 1MDB corruption scandal allegedly saw top officials loot billions from state funds, splurging on luxury assets worldwide, including a Monet painting, and even funding a Hollywood blockbuster .
Najib Razak, the former prime minister already serving a sentence linked to the looting of the 1MDB fund, was found guilty of corruption in a related case.
The 1Malaysia Development Bhd (1MDB) court verdict marks the conclusion of one of the longest and most closely watched trials in the country's judicial history, say legal experts.
Justice Datuk Collin Lawrence Sequerah said former prime minister Datuk Seri Najib Razak is not a "orang kampung" (villager) who would be clueless about the misappropriation of 1MDB funds In delivering the verdict today,
Malay Mail on MSN
‘Pure fantasy’ to suggest 1MDB’s officers colluded with Jho Low against Najib, High Court says
PUTRAJAYA, Dec 26 — The High Court said today it would be “pure fantasy” to believe that 1Malaysia Development Bhd (1MDB) officers subordinate to former prime minister Datuk Seri Najib Razak would willingly conspire against a sitting premier alongside fugitive businessman Low Taek Jho, better known as Jho Low.
SIBU: The Sarawak United People's Party (SUPP) has reiterated that funds it received from the then Barisan Nasional chairman Datuk Seri Najib Razak in 2013 were not derived from 1Malaysia Development Berhad (1MDB),