1MDB case: Najib sentenced to 15 years’ jail, fined RM11.4 bln

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Najib will serve only 15 years in prison, as the judge ordered all jail sentences to run concurrently. – Bernama photo

PUTRAJAYA (Dec 26): The High Court here today sentenced Datuk Seri Najib Tun Razak to 15 years in jail and imposed a total fine of RM11.4 billion after finding him guilty on four counts of abuse of power and 21 counts of money laundering involving RM2.3 billion in funds linked to 1Malaysia Development Berhad (1MDB).

The verdict was handed down by Justice Datuk Collin Lawrence Sequerah, who previously presided over the 1MDB trial at the High Court. He has since been elevated to the Federal Court.

For the four charges of abuse of power, the court sentenced Najib to 15 years’ imprisonment on each count and imposed a total fine of RM11.4 billion, in default 40 years’ imprisonment.

Najib was also sentenced to five years’ jail on each of the 21 money laundering charges and no fine was imposed.

The 72-year-old former prime minister will serve only 15 years in prison, as the judge ordered all jail sentences to run concurrently.

The judge also ruled that the sentence will only take effect after Najib completes his six-year prison term in the SRC International Sdn Bhd case involving the misappropriation of RM42 million, which ends on Aug 23, 2028. – Bernama

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