Malaysia court upholds guilty verdict for former PM Najib

Published by
Reuters

By Rozanna Latiff and Mei Mei Chu KUALA LUMPUR (Reuters) -A Malaysian court on Wednesday upheld former premier Najib Razak’s conviction on corruption charges over a multi-billion dollar scandal at state fund 1Malaysia Development Bhd (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 1MDB case, which a U.S. attorney-general described as the wor…

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