Finance

Malaysian Ex-PM Najib Ordered to Enter Defense in 1MDB Case

1 day ago   |   By

A Malaysian judge on Monday ordered former Prime Minister Najib Razak to enter a defense at his first corruption trial linked to the multibillion-dollar looting at the 1MDB state investment fund that helped spur his shocking election ouster last year.
A calm Najib said in court he would testify in his defense when the trial resumes.
High Court Judge Mohamad Nazlan Mohamad Ghazali said the prosecution had established its case on charges of abuse of power, breach of trust and money laundering. The seven charges relate to 42 million ringgit that allegedly went into Najib's bank accounts from...
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Malaysian court tells former PM Najib to defend himself in 1MDB-linked case

1 day ago   |   By

KUALA LUMPUR - A Malaysian court on Monday ruled that former Prime Minister Najib Razak will have to defend himself against seven counts of criminal breach of trust, money laundering and abuse of power in a case linked to the 1MDB scandal.
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