Graft trial of Malaysia’s ex-PM to begin in August

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Graft Trial Of Malaysia's Ex-PM To Begin In August

A trial of Malaysia’s Prime Minister Najib Razak on charges of corruption and money laundering involving state investment fund 1Malaysia Development Berhad (1MDB) will begin on August 19, local media reported.

The order came from Malaysian High Court after the country’s Attorney General Tommy Thomas sought postponement of the trial, a request that was rejected, according to state news agency Bernama.

The former premier is accused of having allegedly transferred 42 million Malaysian ringgit ($14 million) from SRC International, a subsidiary company of 1MDB, into his personal bank accounts.

The prosecution has submitted over 3,000 pages of documents, including the minutes of meetings of SRC International, and is calling 50 witnesses to testify during the entire trial.

The trial is one of many that will likely follow in this case. In September last year, Najib was charged with 25 corruption counts involving 2.28 billion ringgit ($551 million) of 1MDB money.

Najib is accused of using his position as prime minister, finance minister and chairman of the 1MDB advisory board at the time to receive bribes on four occasions. Money-laundering charges include nine counts of receiving illegal proceeds, five counts of using illegal proceeds and seven counts of transferring the proceeds to other entities.

The ex-premier has pleaded not guilty to all charges.

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A trial of Malaysia’s Prime Minister Najib Razak on charges of corruption and money laundering involving state investment fund 1Malaysia Development Berhad (1MDB) will begin on August 19, local media reported. The order came from Malaysian High Court after the country’s Attorney General Tommy Thomas sought postponement of the trial, a request that was rejected, according to state news agency Bernama. The former premier is accused of having allegedly transferred 42 million Malaysian ringgit ($14 million) from SRC International, a subsidiary company of 1MDB, into his personal bank accounts. The prosecution has submitted over 3,000 pages of documents, including the...

Reading Time: 1 minute

Graft Trial Of Malaysia's Ex-PM To Begin In August

A trial of Malaysia’s Prime Minister Najib Razak on charges of corruption and money laundering involving state investment fund 1Malaysia Development Berhad (1MDB) will begin on August 19, local media reported.

The order came from Malaysian High Court after the country’s Attorney General Tommy Thomas sought postponement of the trial, a request that was rejected, according to state news agency Bernama.

The former premier is accused of having allegedly transferred 42 million Malaysian ringgit ($14 million) from SRC International, a subsidiary company of 1MDB, into his personal bank accounts.

The prosecution has submitted over 3,000 pages of documents, including the minutes of meetings of SRC International, and is calling 50 witnesses to testify during the entire trial.

The trial is one of many that will likely follow in this case. In September last year, Najib was charged with 25 corruption counts involving 2.28 billion ringgit ($551 million) of 1MDB money.

Najib is accused of using his position as prime minister, finance minister and chairman of the 1MDB advisory board at the time to receive bribes on four occasions. Money-laundering charges include nine counts of receiving illegal proceeds, five counts of using illegal proceeds and seven counts of transferring the proceeds to other entities.

The ex-premier has pleaded not guilty to all charges.

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