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Malaysia’s former PM faces biggest 1MDB trial

ITN News Editor
By ITN News Editor August 28, 2019 11:38

Malaysia’s former PM faces biggest 1MDB trial

Malaysia’s former Prime Minister Najib Razak arrived at court to face the biggest of five trials linked to multibillion-dollar fraud at state fund 1MDB. Malaysian and U.S. authorities allege that about $4.5 billion was misappropriated from 1Malaysia Development Berhad, a state fund co-founded by Najib in 2009. Najib, who lost a general election last year, has been hit with 42 criminal charges of graft and money laundering at 1MDB and other state entities. He pleaded not guilty and says that the charges are politically motivated.

ITN News Editor
By ITN News Editor August 28, 2019 11:38

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