Najib fails to stay 15-year jail term, RM11.4bil fine in 1MDB case
KUALA LUMPUR: Datuk Seri Najib Razak has failed in his bid to stay his 15-year jail sentence and RM11.4 billion fine in the 1Malaysia Development Bhd (1MDB) case pending his appeal.
KUALA LUMPUR: Najib Razak's attempt to avoid his 15-year prison term and RM11.4 billion fine in the 1Malaysia Development Bhd (1MDB) case has been unsuccessful, as the High Court judge dismissed his appeal. The former prime minister, 73 years old, had requested the stay based on several factors, including his declining health and the substantial fines imposed on him.
However, the prosecution argued that he failed to provide any special or exceptional circumstances that would warrant the application. Najib was convicted on December 26 last year for four counts of abuse of power and 21 counts of money laundering, involving an amount of RM2.27 billion in 1MDB funds. The prison sentences were to be served concurrently, commencing after he completed his sentence in the SRC International case. Najib has appealed both his conviction and sentence.
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