Malay Mail·3 min read·hard

Najib in the dock: High Court hears betrayal of rakyat in alleged US$5.64b 1MDB fraud

M
Malay Mail
Najib in the dock: High Court hears betrayal of rakyat in alleged US$5.64b 1MDB fraud
AI Summary

The Malaysian High Court has begun hearing a civil suit against former Prime Minister Najib Razak regarding the US$5.64 billion 1MDB fraud. Prosecutors allege that Najib used his dual roles as Prime Minister and Finance Minister to orchestrate the misappropriation of public funds.

KUALA LUMPUR, Aug 3 — The High Court heard today that 1MDB and its four subsidiaries are set to prove that former prime minister Datuk Seri Najib Tun Razak stood at the very heart of the alleged fraud that cost the sovereign wealth fund US$5.64 billion.

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