SRC International

Najib ordered to enter defence in SRC case

Malaysia’s ex-leader Najib Razak’s first trial linked to the 1MDB scandal will proceed after a judge ruled Monday prosecutors had made a sufficient case, boosting efforts to bring him to justice over the mammoth fraud.Vast sums were plundered from sovereign wealth fund 1MDB in a multi-billion-dollar scam allegedly involving former prime minister Najib and his cronies, which has triggered investigations around the world.His coalition was ousted at the polls last year after six decades in power

11 November 2019
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Malaysia's ex-PM Najib to go on trial this week

Malaysia's toppled leader Najib Razak will go on trial this week over an extraordinary financial scandal that contributed to the downfall of his long-ruling coalition which has reverberated around the world.The former prime minister and his cronies are accused of stealing US$4.5 billion from Malaysian sovereign wealth fund 1MDB in a mind-boggling fraud that stretched from Switzerland to the Seychelles.The money was purportedly used to fund a global shopping spree – a US$250-million super

11 February 2019
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