Malaysia court upholds guilty verdict for former PM Najib's 1MDB conviction
CNN
A Malaysian court on Wednesday upheld former Prime Minister Najib Razak's guilty verdict on corruption charges over a multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB), dealing a blow to his hopes of a political comeback.
Najib was appealing a 12-year prison sentence and $50 million fine imposed by Kuala Lumpur High Court last year for criminal breach of trust, abuse of power and money laundering, one of five trials he is facing over corruption allegations.
The court found he had illegally received about $10 million from SRC International, a former unit of now-defunct 1MDB, although Najib pleaded not guilty and has consistently denied wrongdoing.
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