The condemnation, in 2020, of the former head of the government to twelve years in prison for acts of breach of trust and power as well as money laundering in the case of the sovereign fund 1MDB was confirmed on appeal.
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The former Malaysian Minister Najib Razak saw confirmed on appeal on Tuesday August 23, his sentence to twelve years in prison for corruption in one of the 1malaysia Development Berhad (1MDB) case. This name is that of the sovereign fund of Malaysia which he launched in 2009 and whose equivalent of $ 4.5 billion (3.8 billion euros at the time) were diverted during his reign (2009- 2018) According to American justice, the first to have grasped the case in 2016, following suspicions of money laundering relating to colossal sums.
m. Razak was allegedly taken to Kajang prison, located south of the capital, Kuala Lumpur. This is the first time that a Malaysian Prime Minister has been prison – and the first incarceration in Malaysia in the 1MDB affair. His conviction to twelve years of imprisonment and a fine of 210 million Ringgit (47 million euros), inflicted in 2020, sanctioned facts of breach of trust and power as well as money laundering for having illegally perceived the ‘Equivalent of ten million dollars from SRC International, an old unit of 1MDB.
At the time of its first indictment, in September 2018, its party, the national organization of the Malaise unit (UMNO), had just been defeated in the May elections, a historic first for this training , which dominated political life since independence in 1957. The searches carried out in the residences of the former Prime Minister and his wife, Rosmah Mansor, had revealed a stunning accumulation of jewelry, handbags and Precious objects, for a value of 273 million dollars.
The police had completed five cash trucks for $ 28.6 million, and carried 457 handbags, including the equivalent of 12 million euros from the Hermès brand. Hundreds of millions of dollars had also been invested in buildings in Manhattan, a Hollywood film and master paintings through an intermediary, the Sino-Malais financier Jho Low, alleged brain of large-scale siphoning of the sovereign fund . Always sought by Malaysian justice, he would reside in Macao, under Chinese protection.
“intrinsically inconsistent defense”
Through this scandal, Malaysia also tried a certain governance. But the UMNO returned to power in August 2021, without even going through the ballot boxes, after the scuttling of the coalition which had overturned it. And Najib Razak, which remained popular among part of the Malaysian middle class for his pedigree – he is the son of the second Prime Minister of Malaysia, Abdul Razak – and a certain charisma, was in the middle of political return. It was he, with the president of the UMNO, Ahmad Zahid Hamidi, currently tried for corruption in another trial, which was drawing the party’s strings. It was clearly at the maneuver to become Prime Minister again in the event of a victory for the next legislative elections, expected by fall.
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