July 27, 2020

Malaysian court to deliver verdict in Najib’s first 1MDB trial

Kuala Lumpur (AFP) – A Malaysian court will hand down its verdict in Najib Razak’s first corruption trial Tuesday following a long-running case 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 fraud that stretched around the world.Stolen cash was used to buy high-end real estate, pricey art and fund a Hollywood blockbuster, while investment titan Goldman Sachs also became embroiled in the controversy.Anger at the looting played a large part in the shock …

source https://this.kiji.is/en/660591200147653729?c=648607265489716321

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