Malaysian Prime Minister Corruption Probe: $700M Saudi Donation

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Malaysian Prime Minister Corruption Probe: $700M Saudi Donation

· former malaysian prime minister najib razak has been found guilty and sentenced to 15 years in prison in his second major trial involving the multibillion-dollar 1mdb scandal. Although it began in 2009 in malaysia , the scandals global scope implicated institutions and individuals in politics, banking, and entertainment, and led to criminal investigations in a number of nations. · malaysia s top legal body wants answers over why its attorney general ended a probe into how around $ 700 million (£486m) ended up in the accounts of the prime minister. · saudi arabia said on thursday that $681m (£479m) transferred into malaysian prime minister najib razak’s personal bank account was a “genuine donation ”. Najib faced corruption. · instead, malaysia ’s attorney general revealed that his investigation had found that the money was simply a personal donation from the saudi royal family and not evidence of corruption. Imprisoned former malaysian prime minister najib razak was sentenced to 15 years and a 13. 5 billion ringgit ($3. 3 billion) in fines and assets after being convicted friday for corruption linked to the 1mdb scandal. · the high court today (26 december) convicted former prime minister datuk seri najib razak on four charges of abusing his position to obtain rm2. 2 billion in 1malaysia development berhad (1mdb) funds, ruling the defence failed to prove its case beyond reasonable doubt.

Investigators Believe Money Flowed to Malaysian Leader Najib’s Accounts

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