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Malaysia court upholds former PM Najib’s guilty verdict in 1MDB-linked case

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Reuters

KUALA LUMPUR (Reuters) – A Malaysian appeals court on Wednesday upheld former premier Najib Razak’s guilty verdict in a case linked to a corruption scandal at state fund 1Malaysia Development Bhd (1MDB). Najib was sentenced to 12 years in prison and fined $50 million last year by a high court after being found guilty of criminal breach of trust, abuse of power and money laundering for illegally receiving about $10 million from SRC International, a former unit of now-defunct 1MDB. He had pleaded not guilty and consistently denied any wrongdoing. Judge Abdul Karim Abdul Jalil said he agreed with…

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