Malaysian court allows stay of jail sentence, fine for ex-PM Najib
World+Biz
28 July, 2020, 05:50 pm
Last modified: 28 July, 2020, 05:53 pm
High court judge Mohamad Nazlan Mohamad Ghazali also increased his bail amount by 1 million ringgit ($235,300) that must be posted by Wednesday
Former Malaysian Prime Minister Najib Razak arrives at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, June 1, 2020. REUTERS/ Lim Huey Teng
A Malaysian court on Tuesday granted a delay in carrying out a jail sentence and fine against former Prime Minister Najib Razak at the end of the first trial linked to a multi-billion dollar scandal at state fund 1MDB.
High court judge Mohamad Nazlan Mohamad Ghazali also increased his bail amount by 1 million ringgit ($235,300) that must be posted by Wednesday.
Najib was earlier sentenced to 12 years in jail and a 210 million ringgit fine for abuse of power for illegally receiving nearly $10 million from SRC International, a former unit of the state fund.
($1 = 4.2500 ringgit)
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