Najib Razak

Malaysia’s Ex-PM Najib Gets 12 Years' Jail

Former Malaysian leader Najib Razak was sentenced Tuesday to 12 years in jail on corruption charges linked to the multi-billion-dollar 1MDB scandal that led to the downfall of his government two years ago. The ex-prime minister was also fined almost US$50 million after being convicted on all seven charges in the first of several trials related to the looting of the 1Malaysia Development Berhad sovereign wealth fund. The 67-year-old is challenging the verdict and will likely

28 July 2020

BREAKING: Malaysia's Ex-PM Najib Found Guilty

Malaysia's ex-leader Najib Razak was found guilty Tuesday in his first trial over the multi-billion-dollar 1MDB scandal, two years after the fraud contributed to the downfall of his long-ruling government.The former prime minister could now face decades in jail after being convicted on all charges in the case related to the looting of sovereign wealth fund 1Malaysia Development Berhad.Billions of dollars were stolen from the investment vehicle and spent on everything from high-end real e

28 July 2020

Malaysian Ex-PM To Learn Fate In First 1MDB Trial

A Malaysian court will hand down its verdict in Najib Razak's first corruption trial on Tuesday, nearly 16 months after it began probing the former prime minister's role in the multi-billion-dollar 1MDB scandal.Najib and his inner circle are accused of plundering sovereign wealth fund 1Malaysia Development Berhad in a mind-boggling fraud that stretched around the world.Stolen cash was allegedly used to bankroll Hollywood hit "The Wolf of Wall Street", starring Leonardo DiC

27 July 2020

Malaysia In US$3.9B 1MDB Settlement With Goldman

Malaysia reached a US$3.9 billion settlement with Goldman Sachs on Friday over the Wall Street titan's role in the 1Malaysia Development Berhad (1MDB) scandal in exchange for the country ending all criminal proceedings against the bank. Billions of dollars were looted from sovereign wealth fund 1MDB in a fraud that allegedly involved former prime minister Najib Razak and his cronies. The cash plundered from state coffers bankrolled a global spending spree, and was spent

25 July 2020

Malaysia Drops 'Wolf Of Wall Street' Charges

A deal to drop money-laundering charges linked to the 1MDB scandal against a producer of Hollywood hit "Wolf of Wall Street" is terrible for Malaysia, the country's former attorney-general said Monday.Riza Aziz, who is also the stepson of the country's disgraced ex-leader Najib Razak, was charged last year for allegedly receiving nearly US$250 million from Malaysian sovereign wealth fund 1MDB.Billions of dollars were looted from the fund and spent on everything from a yach

19 May 2020

The Rise And Fall Of Mahathir Mohamad

This article first appeared on 27 April, 2020 on Kill Your Darlings (KYD), one of Australia’s leading arts and culture magazines.By 9pm on 9 May, 2018, the results of the Malaysian general election are just beginning to become clear. My family friend Sham, her two twin daughters and I abandon a shopping trip in Kuala Lumpur once the first results begin to trickle in. We need to be where the action is.

27 April 2020

Goldman pleads not guilty in Malaysia 1MDB case

Three units of Goldman Sachs pleaded not guilty Monday in Malaysia over the investment bank's alleged role in the multi-billion-dollar scandal at the country's sovereign wealth fund 1Malaysia Development Berhad (1MDB), official media reported.Huge sums were allegedly looted from the Malaysian fund in a globe-spanning fraud, which reportedly involved ex-leader Najib Razak and his inner circle.Goldman's role has been under scrutiny as it helped arrange a series of bond issues wor

26 February 2020

Ex-PM's wife goes on trial for corruption

Malaysia's former first lady, who allegedly bankrolled a luxurious lifestyle with kickbacks and stolen public money, went on trial Wednesday for corruption for the first time since her husband lost power.Rosmah Mansor, notorious for making overseas shopping trips and owning vast collections of handbags and jewellery, became a lightning rod for public anger as the government of prime minister Najib Razak was engulfed by corruption allegations.Her husband's long-ruling coalition suffe

6 February 2020

Malaysia's ex-PM sought royal's help over scandal

Malaysia's disgraced ex-leader Najib Razak allegedly sought help from Abu Dhabi's crown prince to conceal wrongdoing linked to a multi-billion-dollar graft scandal, recordings released Wednesday by investigators showed.Huge sums were looted from Malaysian sovereign wealth fund 1MDB and used to buy items ranging from a super-yacht to artwork, in a fraud allegedly involving Najib and his inner circle.The allegations contributed to ex-prime minister Najib's shock 2018 election los

9 January 2020

Malaysia’s ex-PM swears he did not order murder

Malaysian ex-leader Najib Razak swore in a packed mosque Friday he did not order the killing of a Mongolian woman linked to a major defence deal, rejecting an allegation from his ex-bodyguard.Altantuya Shaariibuu was shot dead and her body blown up with military-grade plastic explosives in 2006.Her death was linked to a scandal which allegedly saw kickbacks doled out during a 2002 deal to purchase French submarines, on which Altantuya worked as a translator.This week, a government bodyguard c

21 December 2019

Malaysia's Anwar quizzed over sex assault claims

Malaysia's leader-in-waiting Anwar Ibrahim was Thursday questioned by police over allegations he sexually assaulted a male former aide, the latest such scandal to hit the veteran politician's career.Anwar said he was quizzed at national police headquarters over the claims by Muhammed Yusoff Rawther, which he has vehemently denied.The lawmaker, seen as the likely successor to Prime Minister Mahathir Mohamad, spent almost a decade in jail after being convicted of sodomising a young ma

13 December 2019

Malaysia’s Najib to take stand in 1MDB trial

Former Malaysian leader Najib Razak will take the stand to defend his conduct in the 1MDB scandal Tuesday, as the first of several trials linked to the multi-billion-dollar fraud enters a crucial stage.Huge sums were stolen from sovereign wealth fund 1Malaysia Development Berhad, allegedly by the ex-prime minister and his cronies, and spent on everything from high-end real estate to artwork.His coalition was ousted at the polls last year after six decades in power, largely due to public anger

3 December 2019