Current:Home > ScamsMalaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial -SecureNest Finance
Malaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial
View
Date:2025-04-18 01:00:53
PUTRAJAYA, Malaysia (AP) — Malaysia’s Court of Appeal on Tuesday upheld the acquittal of former Prime Minister Najib Razak of audit tampering in relation to the multibillion dollar looting of the 1Malaysia Development Berhad state fund, though he remains in prison for other graft charges.
The court struck out the appeal after prosecutors failed to meet deadlines in filing documents to support their bid, Najib’s lawyer Mohamed Shafee Abdullah told a news conference.
Najib, 70, was acquitted in March after the High Court ruled prosecutors failed to show that he abused his position to order amendments to a 1MDB audit report in 2016 to coverup wrongdoings before it was presented in Parliament.
“The acquittal is upheld without any further process,” Shafee said, adding that prosecutors are unlikely to appeal to the top court.
The audit tampering is one of Najib’s several corruption trials. He is currently serving a 12-year jail term after losing his final appeal last year in his first of several corruption trials linked to the 1MDB scandal.
The 1MDB fund was set up months after Najib became prime minister in 2009. Investigators allege more than $4.5 billion was stolen from the fund and laundered by Najib’s associates through lawyers of bank accounts in the United States and other countries to finance Hollywood films and extravagant purchases that included hotels, a luxury yacht, art and jewelry. More than $700 million landed in Najib’s bank accounts.
Najib and his wife, Rosmah Mansor, were hit with multiple graft charges after the saga led to his ruling coalition’s shocking defeat in 2018 general elections. Rosmah was sentenced in 2022 to 10 years in prison and a record fine of 970 million ringgit ($217 million) for corruption over a solar energy project and is out on bail pending an appeal.
veryGood! (48)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- At least 9 people killed in Syrian government shelling of a rebel-held village, the opposition says
- These artificial intelligence (AI) stocks are better buys than Nvidia
- Israel summons Spanish, Belgian ambassadors following criticism during visit to Rafah
- A White House order claims to end 'censorship.' What does that mean?
- Papa John's to pay $175,000 to settle discrimination claim from blind former worker
- This designer made the bodysuit Beyoncé wears in 'Renaissance' film poster
- Victims in Niagara Falls border bridge crash identified as Western New York couple
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Nissan will invest over $1 billion to make EV versions of its best-selling cars in the UK
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- A historic theater is fighting a plan for a new courthouse in Georgia’s second-largest city
- Mexico’s arrest of cartel security boss who attacked army families’ complex was likely personal
- The Best Dyson Black Friday Deals of 2023: Score $100 Off the Airwrap & More
- 'Most Whopper
- Jets vs. Dolphins winners and losers: Tyreek Hill a big winner after Week 12 win
- What’s streaming now: ‘Oppenheimer,’ Adam Sandler as a lizard and celebs dancing to Taylor Swift
- Jets vs. Dolphins Black Friday game score, highlights: Dolphins destroy Jets in Week 12
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Jonathan Bailey’s Wicked Tease Will Have Fans Dancing Through Life
Facing my wife's dementia: Should I fly off to see our grandkids without her?
Inside the Kardashian-Jenner Family Thanksgiving Celebration
Could your smelly farts help science?
5 people dead in a Thanksgiving van crash on a south Georgia highway
Sean 'Diddy' Combs accused of sexual abuse by two more women
Russian lawmaker disputes report saying he adopted a child taken from a Ukrainian children’s home