Malaysia's Ex-PM Najib Razak Guilty in Major 1MDB Abuse of Power Trial

📌Key Points

• •Former Malaysian Prime Minister Najib Razak was found guilty of abuse of power in the biggest trial yet related to the 1MDB scandal.
• •He faced four counts of abuse of power and 21 counts of money laundering, involving approximately 2.2-2.3 billion ringgit ($539-$569 million) from 1MDB.
• •Judge Collin Lawrence Sequerah rejected Najib's defense, dismissing claims of being misled by Jho Low or that funds were Saudi donations.
• •Najib is already serving a six-year prison sentence from a previous 1MDB-related conviction (SRC International) upheld in 2022.
• •The ruling could lead to additional jail time (15-20 years per charge) and significant fines, with the full verdict and sentencing still pending.
• •The conviction carries significant political implications for Malaysia's current ruling coalition, which includes Najib's party.