Current:Home > ContactMalaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial -Wealth Evolution Experts
Malaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial
View
Date:2025-04-11 18:52:08
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! (77)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- It's #BillionGirlSummer: Taylor, Beyoncé and 'Barbie' made for one epic trifecta
- 'Heart of Stone' review: Gal Gadot shoots but Netflix superspy thriller doesn't score
- Grocery deals, battery disposal and phone speed: These tech tips save you time and cash
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- UPS says drivers to make $170,000 in pay and benefits following union deal
- Will 'Red, White & Royal Blue' be your cup of tea?
- James Williams: From Academics to Crypto Visionary
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Texas sheriff says 3 hog hunters from Florida died in an underground tank after their dog fell in
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- 'Heart of Stone' review: Gal Gadot shoots but Netflix superspy thriller doesn't score
- Bruce Springsteen honors Robbie Robertson of The Band at Chicago show
- Toyota recalls: Toyota Tundra, Hybrid pickups recalled for fuel leak, fire concerns
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Summer camp in California gives Jewish children of color a haven to be different together
- Lindsay Lohan’s Brother Dakota Shares Photo With “Precious” Nephew Luai
- Supreme Court temporarily blocks $6 billion Purdue Pharma-Sackler bankruptcy
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Bruce Springsteen honors Robbie Robertson of The Band at Chicago show
Iraq bans the word homosexual on all media platforms and offers an alternative
Target recalls more than 2 million scented candles after reports of glass shattering during use
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Cats in Cyprus treated with COVID medicine as virus kills thousands on island
AP Week in Pictures: North America
Some ‘Obamacare’ plans could see big rate hikes after lawmakers fail to agree on reinsurance program