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Malaysia: Ex-PM Najib Razak, conditionally pardoned by the king, placed under house arrest

Malaysia's Sultan Ibrahim granted former prime minister Najib Razak a conditional pardon, converting his six-year sentence in the 1MDB corruption case into house arrest until August 2028, contingent on paying a $12 million fine. Najib, convicted on seven charges, was originally sentenced to 12 years for his role in the $4.5 billion sovereign fund embezzlement, which funded Monet and Van Gogh purchases, Manhattan real estate, yachts, jets and the film The Wolf of Wall Street. He separately faces 15 years in a second abuse-of-power and money-laundering case, currently under appeal. The scandal helped end his party's 61-year rule in 2018.

Source: Malaysia: Ex-PM Najib Razak, conditionally pardoned by the king, placed under house arrest — RFI France

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Topics: najibrazak · malaysia · 1mdb · corruption · housearrest · royalpardon · worldnews