TheJakartaPost
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Sequerah convicted the 72-year-old former leader on all four counts of abuse of power as well as all 21 counts of money laundering, involving around 2.28 billion ringgit (US$554 million) from the fund.
The judge had yet to announce sentencing of Najib over his role in massive embezzlement from 1MDB, after finding him guilty on four counts of abuse of power and 21 charges of money laundering.
A Malaysian high court will decide whether to convict Najib of four more charges of corruption and 21 counts of money laundering involving the illegal transfer of about US$539 million from 1MDB.
Jailed former Malaysian prime minister Najib Razak won a major court battle on Wednesday that took him a step closer to being able to serve out a years-long jail term over the multi-billion dollar 1MDB scandal at home.
Najib has been in prison since August 2022 after being found guilty of corruption and money laundering over funds misappropriated from SRC International, a former subsidiary of 1Malaysia Development Berhad, from which Malaysian and US authorities say about $4.5 billion was stolen in a complex, globe-spanning scheme.
Two developments have contributed to the growing popularity of the Malaysian ex-premier, whose grassroots standing is stronger than a year ago, but his main obstacle could be the country's history of jailed leaders returning to power.
1Malaysia Development Berhad (1MDB), a sovereign wealth fund co-founded by Najib in 2009 while he was premier, has faced corruption probes in at least six countries over the alleged misappropriation of over $4.5 billion by high-level officials of the fund and their associates.
A pardons board chaired by Malaysia's king before he ended his reign last week halved a 12-year jail sentence and cut fines for Najib, who is imprisoned for graft and money laundering related to the scandal at state fund 1Malaysia Development Berhad (1MDB). The board did not give a reason for its decision.
