Current:Home > InvestMalaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial -Mastery Money Tools
Malaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial
View
Date:2025-04-16 14:46:27
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! (8747)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- When does the 2024 MTV VMAs start? Date, time, what channels to watch the awards
- Kamala Harris gives abortion rights advocates the debate answer they’ve longed for in Philadelphia
- Amid fears of storm surge and flooding, Hurricane Francine takes aim at Louisiana coast
- Louvre will undergo expansion and restoration project, Macron says
- 'The Daily Show’ live debate episode with Jon Stewart: Start time, where to watch and stream
- 'Reverse winter': When summer is in full swing, Phoenix-area AC repair crews can be life savers
- Pharrell as a Lego and Robbie Williams as a chimp? Music biopics get creative
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- In Nevada, Clean Energy Divides the Senate Race
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Want Affordable High-Quality Jewelry That Makes a Statement? These Pieces Start at Just $10
- Bachelorette's Devin Strader Breaks Silence on Jenn Tran Finale Fallout
- Larry David announces comedy tour dates: Attend 'if you have nothing to do'
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Khloe Kardashian’s Daughter True Thompson Bonds With Cousin Dream Kardashian in Cute Videos
- Auburn QB Thorne says angry bettors sent him Venmo requests after loss
- New CIA workplace assault case emerges as spy agency shields extent of sexual misconduct in ranks
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
When does NHL season start? Key dates for 2024-25
Madonna shocks at star-studded Luar NYFW show with Offset modeling, Ice Spice in front row
Who is Mauricio Pochettino? What to know about the new USMNT head coach
A White House order claims to end 'censorship.' What does that mean?
Deion Sanders flexes power he says he won't use: 'I have a huge platform'
Chipotle brings back 'top requested menu item' for a limited time: Here's what to know
Isabella Strahan Shares Cheerful Glimpse at New Chapter Amid Cancer Journey