Najib Sentenced to 15 Years in Prison in 1MDB Case. A fine of RM11.38 billion!

Najib is sentenced to 15 years of jail to run concurrently for the four charges and a fine of RM11.38 billion. Failure to pay the fine will result in 10 years in prison.

KUALA LUMPUR, Dec 26 (Reuters) – A Malaysian court on Friday sentenced former Prime Minister Najib Razak to 15 years in prison after convicting him on multiple counts of abuse of power and money laundering linked to the multibillion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB).

Najib Sentenced

The judge imposed 15 years’ imprisonment for each of the four abuse of power charges and five years for each of the 21 money laundering charges, with all sentences to run concurrently. This adds to the jail time Najib is already serving from a separate 1MDB-related conviction.