Adaba

Malaysian prosecutors wrap up first case against Najib

Former Malaysian prime minister Najib Razak has gone on trial again over alleged multibillion-dollar fraud involving a government fund.

Mr Najib is facing several trials over the state investment fund, 1Malaysia Development Berhad (1MDB).
prosecutors say he received and covered up illegal transfers of at least $550m between 2011 and 2014.

This is the most significant, covering 21 counts of money-laundering and four of abuse of power.

Mr Najib has denied any wrongdoing.

Share this: