Current:Home > MyMalaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial -Core Financial Strategies
Malaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial
View
Date:2025-04-23 14:48:58
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! (4378)
Related
- B.A. Parker is learning the banjo
- It's the most Joy-ful time of the year! 🥰
- Trump once defied the NRA to ban bump stocks. He now says he ‘did nothing’ to restrict guns
- TikTokers are eating raw garlic to cure acne in viral videos. Does it actually work?
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Virginia lawmakers to hold special session on changes to military education benefits program
- After 'melancholic' teen years, 'Inside Out 2' star Maya Hawke embraces her anxiety
- Kansas governor and GOP leaders say they have a deal on tax cuts to end 2 years of stalemate
- New data highlights 'achievement gap' for students in the US
- The 'vegetable' that's actually a fruit: Why tomatoes are so healthy
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Likes on X are now anonymous as platform moves to keep users' identities private
- Nayeon of TWICE on her comeback, second album: 'I wanted to show a new and fresher side'
- Trump has strong views on abortion pill. Could he limit access if he wins 2024 election?
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Starbucks introduces value meals with new 'Pairings Menu'
- Trooper with checkered FBI past convicted of child rape in Alabama
- What is intermittent fasting? The diet plan loved by Jennifer Aniston, Jimmy Kimmel and more
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
New coral disease forecast tool shows high risks of summer outbreaks in Hawaii
Luke Thompson talks 'Bridgerton's' next season, all things Benedict
A 9-year-old boy is fatally shot in Milwaukee, Wisconsin: 'It should not have happened'
Federal hiring is about to get the Trump treatment
MLB draft's top prospects in 2024 College World Series: Future stars to watch in Omaha
US diplomat warns of great consequences for migrants at border who don’t choose legal pathways
OpenAI appoints former top US cyberwarrior Paul Nakasone to its board of directors