Former Malaysian PM Najib Razak starts appeal against 1MDB corruption sentence

Apr 5, 2021 | INVESTING

Malaysia’s Court of Appeal on Monday began hearing a bid by former prime minister Najib Razak to set aside his conviction on corruption charges in a case linked to a multibillion-dollar scandal at state fund 1MDB.Najib, 67, who was voted out in 2018’s historic election, faces several trials over allegations that US$4.5 billion was stolen from 1Malaysia Development Berhad (1MDB), a state fund he co-founded in 2009. He has pleaded not guilty to all charges.Last year, Najib was sentenced to 12…

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