The Star·4 min read·medium
Najib was ‘at the centre’ of US$5.6bil 1MDB fraud
N
NURBAITI HAMDAN
✦AI Summary
A civil suit against former Malaysian Prime Minister Najib Razak alleges he was the central figure in a US$5.6 billion fraud involving 1MDB. The prosecution claims he abused his multiple government roles to manipulate the company for personal and familial gain.
KUALA LUMPUR: Datuk Seri Najib Razak held immense control over 1Malaysia Development Bhd’s (1MDB) management, using his vast powers to enable fraud against the company, causing it to suffer US$5.6bil in losses, the High Court heard.
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