-
Starc strikes twice as Australia push for victory
-
ECB says has tools to calm markets as French debt worries rise
-
Does White House ask AI to shape policy? Democrats want the receipts
-
ASEAN envoy ends Myanmar trip with no public Suu Kyi meeting
-
Trump tees up Alaska election challenge over same-name candidate 'fraud'
-
Three dead in rock spire collapse at Turkey's touristic Cappadocia
-
IMF says engaging with Iraq on preparing new bailout program
-
CAR tightens border checks as DR Congo Ebola cases rise
-
Two dead in rock spire collapse at Turkey's touristic Cappadocia
-
Does White House ask AI to decide policy? Democrats want the receipts
-
No surprise to Carrick he's still Man Utd manager
-
French businessman Roux de Bezieux takes over 2030 Winter Olympics after leadership turmoil
-
Two dead in rock spire collapse at tourist site in Turkey's Cappadocia
-
Tech jitters pull down Wall Street stocks
-
ECB holds rates steady after Lagarde says to quit early
-
Alaska governor orders probe into election same-name 'spoiler'
-
US economy posts strong growth, inflation stubbornly high in challenge to Trump
-
Gang-plagued Haiti sets election dates for 2027
-
What we know about Spain's deadly train crash
-
Neville warns managers can need sacking 'for their own good' as Carrick fights on
-
ECB chief Lagarde to step down early, triggering succession race
-
French businessman takes over 2030 Winter Olympics amid leadership turmoil
-
'Horrific' Russian drone strike kills 14 at Ukraine train station: Kyiv
-
Russell Brand found monogamy 'difficult', wife tells UK rape trial
-
VW says 'no time to lose' to slash costs after 5.8 billion euro loss
-
Dubai building that saw city's rise from desert due for demolition
-
Australia lead by 100 after Inglis century
-
Duckett's best lifts England to 386-5 in Sri Lanka dead rubber
-
Martin to ride with broken wrist in Malaysian MotoGP practice
-
Stock markets diverge on corporate earnings, tech jitters
-
England forward Toney to stand trial for alleged assault in June 2028
-
'Horrific' Russian drone strike kills 13 at Ukraine train station: Kyiv
-
Warrican's five-wicket haul leads West Indies fightback in Bangladesh Test
-
Maresca braced for another tough test in Brighton repeat
-
Oil majors reap bumper profits as Mideast war drives prices
-
Ukraine says at least 13 killed in Russian attack on train station
-
Christine Lagarde: unifying ECB chief in turbulent times
-
ECB President Christine Lagarde to step down in February 2027
-
Rybakina secures year-end top rank with Tokyo win
-
A year on, Tanzanians mourn election massacres in 'state of terror'
-
Rains bring relief to Indonesian city weary of fire haze
-
Israel piles pressure on Arab parties as Netanyahu seeks government
-
Osaka vows to return stronger after Tokyo exit
-
'Call of Duty' slammed for using real Seoul crowd crush footage
-
Hello Kitty firm apologises, scraps Japan TV tie-up after China anger
-
TotalEnergies profit hits record on high oil prices
-
Taiwan says Pakistan briefly closed airspace to Taiwanese flights
-
Key of seethe: I.Coast row with Sahel juntas spills into concert halls
-
'My blood was spilled here': a year on, Tanzania unable to mourn election violence
-
Romanian writer Cartarescu hails books as balm in turmoil
Malaysia's Najib convicted of abuse of power in 1MDB graft trial
Former Malaysian prime minister Najib Razak was found guilty on Friday of abusing his power in the 1MDB graft scandal, which saw billions plundered from the now-defunct sovereign wealth fund.
His conviction is likely to heap years onto the six-year term he is already serving for a separate case related to the 1MDB fund.
Presiding Judge Collin Lawrence Sequerah convicted the 72-year-old former leader on Friday on all four counts of abuse of power. Najib will also face a verdict on 21 counts of money laundering linked to the fund, which sparked probes in several countries, from Singapore to the United States.
While Najib, the son of one of the country's founding fathers, was groomed for leadership from a young age, he experienced a spectacular fall from power as public anger mounted over the corruption scandal.
Since Najib's 2018 election loss, investigations under successive governments have ensnared him and wife Rosmah Mansor in graft allegations.
Prosecutors say Najib abused his positions as prime minister, finance minister and 1MDB advisory board chairman to move large amounts of money from the fund into his personal accounts more than a decade ago.
According to investigators, proceeds from the state fund were used to bankroll high-end real estate, a luxury yacht and precious artworks.
Friday's hearing opened around 9:00 am (0100 GMT) before the Kuala Lumpur High Court in the country's administrative capital of Putrajaya.
Presiding Judge Sequerah started reading a lengthy verdict, before breaking for Friday afternoon prayers, with the hearing resuming at 3:00 pm.
- 'Unmeritorious' -
During the morning reading, Judge Sequerah dismissed several of the defence lawyers' arguments, including that Najib was duped by his close associate, the shadowy businessman Low Taek Jho, better known as Jho Low.
"The evidence clearly points to the fact that this was no coincidence but was evident of a relationship in which Jho Low operated as a proxy or agent of the accused (Najib) with regard to the running of the affairs of 1MDB," Sequerah said.
The defence's argument that Najib was "misled and duped by management and by Jho Low is unmeritorious", the judge said.
Low, who is currently on the run, is seen as the mastermind behind the scheme to plunder the country's investment vehicle.
Sequerah also dismissed arguments that the money flowing into Najib's accounts was "donations" from Middle East funders, calling it a "tale that surpassed even those from the Arabian Nights".
The prosecution presented bank records, testimony from over 50 witnesses and documentary evidence.
Najib "paints himself as a victim of rogue subordinates, when in truth, he was the single most powerful decision-maker", deputy public prosecutor Ahmad Akram Gharib told the court during closing arguments.
"The accused wielded absolute financial, executive and political control," he said.
- 'No fair trial' -
Najib's lawyers have previously said the politician was unaware that 1MDB's management was working hand in glove with Low to siphon large amounts of money from the fund, ostensibly established to foster economic growth in Malaysia.
Najib's lawyer, Muhammad Shafee Abdullah, last week told journalists his client "never got a fair trial".
He again blamed Low for the scandal, which dented Malaysia's image abroad.
Najib has apologised for allowing the 1MDB scandal to happen during his tenure, but he maintains he knew nothing about illegal transfers from the fund.
His legal battle was dealt a blow on Monday after he lost a bid to serve the remainder of his current jail term at home rather than the Kajang Prison outside Kuala Lumpur.
Each count of abuse of power is punishable by up to 20 years in jail and a fine of up to five times the amount of the bribe.
D.Bachmann--VB