Ex-Malaysian PM Najib Razak gets 12 yrs in jail
News Desk || risingbd.com
Former Malaysian Prime Minister Najib Razak has been sentenced to 12 years in jail.
A Kuala Lumpur court on Tuesday handed down the order he was found guilty of corruption in the first of several cases linked to the alleged theft of billions of dollars from the state fund, 1MDB.
The court ordered Najib to pay a fine of 210 million ringgit ($49m), and gave him 12 years in jail on one count of abuse of power, 10 years each for three counts of criminal breach of trust and 10 years each for three counts of money laundering.
The guilty verdict against Najib relates to his role in diverting an estimated 42 million ringgit ($9.8m) from SRC International, a unit of 1MDB, into his personal bank accounts. The judge had found the former prime minister guilty on all seven charges filed against him.
The conviction comes just six days after the High Court ordered Najib to pay the government as much as 1.69 billion ringgit ($400m) in unpaid taxes and penalties, covering the years from 2011 to 2017. _Agencies