A Malaysian court allowed corruption charges related to the 1MDB financial scandal to be dropped against Najib Razak, the jailed former Prime Minister, and the former treasury chief. Najib faces multiple trials for his involvement in the scandal, which resulted in the theft of about US$4.5 billion from 1MDB between 2009 and 2014.
KUALA LUMPUR – A Malaysian court on Nov 27 allowed corruption charges linked to the multibillion-dollar 1MDB scandal filed against jailed former Prime Minister Najib Razak and the former treasury chief to be dropped, their lawyers said.
He last month apologised for his role in mishandling the 1MDB scandal, though he maintained he had no knowledge of any illegal transfers from the state fund. “The court correctly exercised its jurisdiction to discharge our client of the charges, consonant with the law,” Najib’s lawyer Muhammad Farhan Muhammad Shafee said in a text message.
1MDB Scandal Najib Razak Malaysian Law Corruption Charges Treasury Chief Financial Fraud
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