Current:Home > MarketsMalaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial -Triumph Financial Guides
Malaysia’s Appeals Court upholds Najib’s acquittal in one of his 1MDB trial
View
Date:2025-04-17 15:49:44
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! (944)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Minnesota Lynx cruise to Game 3 win vs. Connecticut Sun, close in on WNBA Finals
- Indiana coach Curt Cignetti guaranteed $3.5 million with Hoosiers reaching bowl-eligibility
- Some children tied to NY nurse’s fake vaccine scheme are barred from school
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Regulators investigate possible braking error in over 360,000 Ford crossover SUVs
- What’s next for oil and gas prices as Middle East tensions heat up?
- Davante Adams pushes trade drama into overdrive with cryptic clues
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- TikToker Katie Santry Found a Rug Buried In Her Backyard—And Was Convinced There Was a Dead Body
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- What’s next for oil and gas prices as Middle East tensions heat up?
- Billy Shaw, Pro Football Hall of Famer and Buffalo Bills great, dead at 85
- Some perplexed at jury’s mixed verdict in trial for 3 former officers in Tyre Nichols’ death
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- A Texas execution is renewing calls for clemency. It’s rarely granted
- Contractors hired to replace Newark’s lead pipes charged with conspiracy to commit wire fraud
- 2 sisters from Egypt were among those killed in Mexican army shooting
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Bad News, Bears? States Take Legal Actions to End Grizzlies’ Endangered Species Protections
How sugar became sexual and 'sinful' − and why you shouldn't skip dessert
Keanu Reeves crashes at Indianapolis Motor Speedway in pro auto racing debut
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Battered community mourns plastics factory workers swept away by Helene in Tennessee
Vanderbilt takes down No. 1 Alabama 40-35 in historic college football victory
2 sisters from Egypt were among those killed in Mexican army shooting