PUTRAJAYA, Malaysia -- The Malaysian appeals court on Wednesday upheld corruption convictions against former Prime Minister Najib Razak related to the failed state wealth fund 1Malaysia Development Berhad (1MDB).
Najib is due to spend 12 years in prison and pay $50 million in fines for criminal breach of trust, money laundering and abuse of power -- though his lawyers have signaled they will lodge a further appeal with the apex Federal Court. Wearing a black suit and striped tie, the former leader attended Wednesday's hearing online due to a close COVID-19 contact on his defense team.
