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Top court begins hearing ex-PM Najib Razak's appeal to overturn his jail sentence in a case linked to multibillion-dollar 1MDB financial scandal.
Malaysia's top court has begun hearing ex-PM Najib Razak's appeal to overturn his jail sentence for corruption in a high-stakes legal gambit that could see him locked up or potentially launching a political comeback.
The Federal Court on Tuesday dismissed the former prime minister's plea for a retrial, clearing the way for the hearings which will be held until August 26.
Najib, 69, has pleaded not guilty to dozens of charges over the alleged theft of $4.5 billion from 1Malaysia Development Berhad (or 1MDB), a state fund he co-founded as premier in 2009.
The scandal has ensnared high-ranking officials and financial institutions around the world.
Prosecutors say more than $1 billion in 1MDB funds made its way into Najib's personal accounts.
In July 2020, he was convicted in the first of several trials of criminal breach of trust, abuse of power and money laundering, for illegally receiving about $10 million from SRC International, a former 1MDB unit.
An appeals court upheld the conviction last year.
Source: AFP
Source https://www.globalcourant.com/malaysias-najib-begins-final-bid-to-overturn-1mdb-jail-punishment/?feed_id=12373&_unique_id=62fda819ee9c4
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