SRC trial: Najib sentenced 12 years jail, fined RM210 million

najib razak 1

KUALA LUMPUR, JULY 28: Former Prime Minister, Datuk Seri Najib Tun Razak was sentenced to 72 years jail in total and fined RM210 million after the High Court here today found him guilty to seven charges including criminal breach of trust (CBT) money laundering and abuse of power involving RM42 million, SRC International Sdn. Bhd. Fund.

This is the first series of cases involving the 1 Malaysia Development Bhd (1MDB) scandal.

However, Najib has to be in prison for only 12 years after High Court Judge Mohd. Nazlan Mohd. Ghazali ruled that the jail sentence should run concurrently.

The Member of Parliament for Pekan was sentenced to jail for 10 years for each of the three CBT charges and also for every case in the money laundering charges and 12 years and fine RM210 million or jail for five years in the abuse of power case.

Prior to sentencing, Justice Mohd Nazlan Mohd. Ghazali said he had taken into consideration several factors including the public interest and observing key objectives of law enforcement.

“The sentence is not only to punish offenders but to deter other people from repeating the offence.

“I’ve also taken into consideration his contribution to the economic growth of the country, said Mohd. Nazlan.

The court’s decisions are 1) The charge under Section 23 of the Malaysian Anti-Corruption Commission (MACC) 2009 on abuse of power – 12 years and a fine of RM210 million, in default five years’ jail.

2) Criminal breach of trust (CBT) with respect to all three charges under Section 409 of the Penal Code – 10 years each.

3) With respect to all three charges under Section 4(1)(b) of Anti-Money Laundering Act, Anti-Terrorism Financing Act and Proceeds of Unlawful Activities Act – 10 years each.

Justice Nazlan ordered for all jail sentences to run concurrently.-Malaysia World News

more recommended stories