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Malaysian ex-PM Najib convicted on all charges in first 1MDB trial

Malaysian ex-PM Najib convicted on all charges in first 1MDB trial
July 28, 2020
KUALA LUMPUR (Reuters) - Former Malaysian prime minister Najib Razak was found guilty on Tuesday on all seven corruption charges in his first trial linked to a multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB). “After considering all evidence in this trial, I find that the prosecution has successfully proven its case beyond a resonable doubt,” Kuala Lumpur High Court judge Mohamad Nazlan Mohamad Ghazali said. Tuesday's ruling is the first judgment against Najib, who faces a variety of charges related to the onetime sovereign wealth fund, which prosecutors allege he and his allies used as a personal piggybank to support luxurious lifestyles and fund electioneering. High Court judge Nazlan Mohammed Ghazali found Najib guilty on all counts brought against him -- abuse of power, money laundering and criminal breach of trust -- in the current trial, which relates to $10 million of funds which were deposited into his personal accounts from a former unit of 1MDB.