Malaysia: Former PM proved corrupt
Former Malaysian Prime Minister Najib Razak has been convicted in a multi-million dollar corruption case. Allegations against Bajib Razzaq included corruption and abuse of power in the investment fund ‘One MDB’ scandal. The OneMDB Fund was set up by Malaysian Prime Minister Najib Razak in 2009 to fund economic and financial development projects in Malaysia.
According to Reuters, the former prime minister could face up to several decades in prison in the One Malaysia Development Fund scandal. The case is being seen as a test of efforts to eradicate corruption from the country. The case is being seen in the Kuala Lumpur High Court as a test against the former prime minister in a bid to eradicate corruption from the country.
Najib Razzaq is accused of money laundering and misuse of power to extort about 10 million from SRU, the international unit of the One Malaysian Development Fund. Lawyers for the former prime minister are trying to delay the sentencing. Former Prime Minister Najib Razak has said he will appeal the decision to a federal court.
The former Malaysian prime minister has been accused by prosecutors of transferring more than 1 billion to his personal account. When the former prime minister arrived at the court, his supporters chanted “Long live Najib”. Former Prime Minister Najib Razak was accompanied by senior party officials at the time of his appearance. He also offered prayers outside the courtroom.
Najib Razzaq’s lawyers say he was misled by Malaysian financier Joe Lowe and other officials from the One Malaysian Development Fund into transferring the money, saying it was donated by the Saudi royal family. However, Joe Luo has denied the allegations.