Prasannkumar Malaysia’s top court ordered former prime minister Najib Razak to begin a 12-year prison sentence on Tuesday after upholding a guilty conviction on charges related to a multi-billion dollar graft scandal at state fund 1Malaysia Development Berhad (1MDB).
The Federal Court ruling caps the remarkable downfall of Najib, who til four years ago governed Malaysia with an iron grip and suppressed local inspections of the 1MDB scandal that has implicated financial institutions and high-ranking officials worldwide.
Investigators have said some $4.5 billion was stolen from 1MDB – co-founded by Najib during his first year as prime minister in 2009 – and that over $1 billion went to accounts linked to Najib.
Najib, wearing a dark suit and tie, sat in the dock as the verdict was read out. His wife, Rosmah Mansor, who is also facing corruption charges, and three children were seated behind him.
Security executives then assembled around the bespectacled former premier and he was later seen leaving court in a black car with police escort.
Court executives and sources close to Najib said he was taken to Kajang Prison, about 40 km away from the capital Kuala Lumpur.
“This is unprecedented. Najib will be remembered for his many firsts, the first prime minister to lose a general election, the first to be convicted,” said Adib Zalkapli, Director at political risk consultancy BowerGroupAsia.
The British-educated son of Malay nobility held the premiership from 2009 to 2018, when public anger over the graft scandal brought election defeat, and dozens of corruption charges were lodged in the following months.
Najib, 69, was found guilty by a lower court in July 2020 of criminal breach of trust, abuse of power, and money laundering for illegally receiving about $10 million from SRC International, a former unit of 1MDB. He had been out on bail pending appeals.
The former premier, who had pleaded not guilty, was sentenced to 12 years in jail and a 210 million ringgit ($46.84 million) fine.
The wide-ranging 1MDB scandal prompted the U.S. Department of Justice to open what became its biggest kleptocracy investigation.
Opposition leader Anwar Ibrahim said the verdict proved the power of the people.
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