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Najib faces 1MDB verdict as Malaysian political ground shifts

2020-07-28 09:51:45       source:The Aljazeera

July 28, 2020

Kuala Lumpur, Malaysia - After nearly 16 months, dozens of witnesses and thousands of pages of evidence, a Malaysian judge will on Tuesday deliver his verdict on whether former Prime Minister Najib Razak is guilty of corruption in the first of a series of trials related to the alleged theft of billions of dollars from state fund 1MDB, in a decision that could have major political ramifications.

Najib faces seven charges in relation to SRC International, a unit of 1MDB, and allegations that millions of dollars ended up in his personal bank accounts and were used to shop at luxury stores, pay for home renovation projects and provide funding for the component parties of his then-ruling coalition.

If found guilty, he could face decades in prison and substantial fines. He would also become the first Malaysian prime minister to be convicted in a criminal court.

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