July 26, 2020

Malaysian ex-PM Najib to learn fate in first 1MDB trial

Kuala Lumpur (AFP) – A Malaysian court will hand down its verdict in Najib Razak’s first corruption trial on Tuesday, nearly 16 months after it began probing the former prime minister’s role in the multi-billion-dollar 1MDB scandal.Najib and his inner circle are accused of plundering sovereign wealth fund 1Malaysia Development Berhad in a mind-boggling fraud that stretched around the world.Stolen cash was allegedly used to bankroll Hollywood hit “The Wolf of Wall Street”, starring Leonardo DiCaprio, and US investment titan Goldman Sachs also became embroiled in the scandal.Anger at the looting…

source https://this.kiji.is/en/659975844353606753?c=648607265489716321

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