PUTRAJAYA – Malaysia’s former premier Najib Razak on Tuesday (Aug 23) failed in his final appeal against a graft conviction, which is set to see him serve 12 years in jail for misappropriating millions of funds from a company linked to 1Malaysia Development Berhad (1MDB).
Malaysia’s highest court, the Federal Court, on Tuesday upheld Najib’s conviction on seven counts of abuse of power, money laundering and criminal breach of trust involving SRC International, a company that was a subsidiary of state fund 1MDB.
In July 2020, Najib, 69, was sentenced to 12 years in prison and fined RM210 million (S$65.3 million), after being found guilty of receiving about RM42 million from SRC International into his personal bank account.
The verdict was upheld by a three-member Court of Appeal bench in December last year. But he was allowed to post bail and live freely, allowing him to make a political comeback and become influential again in his party Umno.