From The Japan Times · Isabelle Leong · · 50s
Najib pays $12m fine for house arrest
Jailed Malaysian ex-PM Najib pays $12m fine to serve sentence under house arrest.
In brief
Jailed Malaysian ex-PM Najib pays $12m fine to serve sentence under house arrest. Former Malaysian Prime Minister Najib Razak paid $12 million fine to serve remaining jail time under house arrest after being jailed for 1MDB fund corruption. Originally reported by The Japan Times.
Former PM Najib pays $12m fine
Jailed Malaysian ex-PM Najib Razak paid a $12 million fine on Friday, allowing him to serve the rest of his sentence under house arrest, his party said.
“UMNO has completed all payment processes to the Kuala Lumpur High Court this morning”
Jailed for 1MDB fund corruption
The 73-year-old former leader was jailed for his role in one of the largest-ever global plunders of a sovereign wealth fund, the now-defunct 1Malaysia Development Berhad (1MDB).
UMNO completes payment to court
UMNO has completed all payment processes to the Kuala Lumpur High Court this morning, referring to the 50 million ringgit ($12 million) fine.
The big picture
Former Malaysian Prime Minister Najib Razak paid $12 million fine to serve remaining jail time under house arrest after being jailed for 1MDB fund corruption.
