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Najib Razak, the former Prime Minister of Malaysia, was accused on Wednesday of abuse of trust and abuse of power, and pleaded not guilty to the most publicized corruption trial of the history of the country
. for whom a verdict of guilty could result in 20 years in prison as well as fines and beatings – were linked to SRC International, a former subsidiary of 1MDB, the state investment fund of which 4.5 billion dollars (3.9 billion euros) would have disappeared. Mr. Najib could be exempted from caning because he's over 50 years old.
Mr. Najib was released on bail for RM1m ($ 247,000) and must hand over his pbadports to the authorities.
1MDB escalation investigation launched by Prime Minister Mahathir Mohamad immediately after ousting his former protégé Mr. Najib in May elections
Events in the Kuala Lumpur High Court intensified emotions for supporters and Mr. Najib's critics. Jumilah Abdul Malek, a 55-year-old construction surveyor, was jubilant. Meanwhile, Najib's supporters invaded the courthouse lobby after the bail hearing, chanting "Malaysia!" As Tommy Thomas, the attorney general, tried and failed to give a lecture Press.
The allegations allege that "in December 2014, Mr. Najib, then prime minister and finance minister, received the authority to manage RMB 4 billion of funds owned by the CBC AmIslamic Bank, and that 39 he committed three breaches of trust involving a total of Mr. Najib was also accused of abuse of power to obtain personal gratification in the form of RM42 million, after accepting a government guarantee of RM 4 billion of loans from the Kumpulan Wang Persaraan pension fund to the CBC between August 2011 and February 2012.
Quiet Pleading
The plea of the former Prime Minister was barely audible at the bail hearing , where several of his relatives, including his daughter and two of his sons, were looking on. Rosmah Mansor, his wife who is also involved in the 1MDB investigation, did not participate.
The trial date will be August 8th and should take place between mid-February and mid-March of next year.
Judge Mohd Sofian Abd Razak accepted an interim order of gagging requested by Muhammad Shafee Abdullah, Mr. Najib 's attorney, which prohibited the media from commenting on the merits of the case until [39]. at August 8
"The gag order is very vague … I did not expect the judge to accept it," said Mark Ho, a lawyer who observed the Bail
CBC was established in 2011 by Mr. Najib to generate investment in the energy sector, but was related to the 1MDB investigation in 2015, it appeared that 42 million RM reportedly transferred from the company to Mr. Najib's personal accounts
Mr. Najib was arrested Tuesday in his personal residence in Kuala Lumpur and spent the night at the headquarters of the Anti-Corruption Commission
. in the night, a video was posted on Mr. Najib's Twitter account with melancholy ique, apologies to the country and a statement that all allegations against him were not true
Mohamed Apandi Ali, former Attorney General of the country. Najib wrongdoing with respect to RM42 million. – Copyright The Financial Times Limited 2018
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