Wednesday, 27 November 2024

South Asian Update
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Malaysia drops 1MDB-linked charges against ex-PM Najib Razak

 Published: 11:38, 27 November 2024

Malaysia drops 1MDB-linked charges against ex-PM Najib Razak

A Malaysian court on Wednesday allowed corruption charges linked to the multibillion-dollar 1MDB scandal filed against jailed former Prime Minister Najib Razak and the former treasury chief to be dropped, their lawyers said.

Najib faces several trials linked to the scandal at state fund 1Malaysia Development Berhad (1MDB), from which Malaysian and US authorities say about $4.5 billion was stolen in a complex, globe-spanning scheme between 2009 and 2014.

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