Current:Home > ScamsMalaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial-DB Wealth Institute B2 Expert Reviews
Malaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial
View Date:2025-01-11 06:38:34
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! (85)
Related
- Chet Holmgren injury update: Oklahoma City Thunder star suffers hip fracture
- Azerbaijan names a former oil executive to lead 2024 climate talks
- Republican US Rep. Doug Lamborn of Colorado announces he won’t seek reelection
- 3 years after Jan. 6 Capitol riot, Trump trial takes center stage, and investigators still search for offenders
- The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
- Giants get former Cy Young winner Robbie Ray from with Mariners, Mitch Haniger back to Seattle
- Fight at Philadelphia train station ends with man being fatally struck by train
- Cecil the dog ate through $4,000 in cash. Here's how his Pittsburgh owners got the money back.
- The 10 Best Cashmere Sweaters and Tops That Feel Luxuriously Soft and Are *Most Importantly* Affordable
- From Houthis to Hezbollah, a look at the Iran-allied groups rallying to arms around Middle East
Ranking
- Fantasy football buy low, sell high: 10 trade targets for Week 11
- Tax season can be terrifying. Here's everything to know before filing your taxes in 2024.
- The Trumpification of the GOP's Jan. 6 pardon push
- Texas father and son arrested in the killings of a pregnant woman and her boyfriend face new charges
- Will the NBA Cup become a treasured tradition? League hopes so, but it’s too soon to tell
- Maine man injured in crash is shocked by downed power line
- Supreme Court allows Idaho to enforce its strict abortion ban, even in medical emergencies
- Blaine Luetkemeyer, longtime Missouri Republican congressman, won’t seek reelection
Recommendation
-
US Diplomats Notch a Win on Climate Super Pollutants With Help From the Private Sector
-
Some fans call Beyoncé 'Mother': Here's how she celebrates motherhood on and off stage
-
Here's how to smoke ribs or brisket in your kitchen: GE Profile's Smart Indoor Smoker
-
Man who attacked Las Vegas judge in shocking video faces 13 new charges
-
Smithfield agrees to pay $2 million to resolve child labor allegations at Minnesota meat plant
-
Massachusetts voters become latest to try and keep Trump off ballot over Jan. 6 attack
-
House Republicans to move toward holding Hunter Biden in contempt of Congress
-
Golden Bachelor's Theresa Nist Shakes Off Wardrobe Malfunction During Wedding to Gerry Turner