Malaysia’s Najib Razak says he is not guilty in trial over 1MDB fraud

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Malaysia’s Najib Razak says he is not guilty in trial over 1MDB fraud
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The former leader of Malaysia is facing the first of several trials over his alleged involvement in the looting of sovereign wealth fund 1MDB

Najib Razak, Malaysia’s former prime minister, center, arrives at the Kuala Lumpur Courts Complex in Kuala Lumpur, Malaysia, on April 3 2019. Picture:BLOOMBERG/SAMSUL SAIDMalaysia's disgraced former leader Najib Razak pleaded not guilty to all charges against him as he went on trial Wednesday over a multibillion-dollar fraud.

He had been tipped to win another term in office easily in 2018 and extend his coalition's six-decade stranglehold on power, only to be soundly defeated by his former boss, Mahathir Mohamad, who rode a wave of public anger over 1MDB to the premiership. Dressed in a dark blue suit, the former leader — who was premier for almost a decade — looked calm and smiled as he took his seat in the dock. His defence team made an 11th-hour bid to get proceedings delayed but the judge ruled against them.

While many of his co-suspects have been caught and charged in Malaysian courts, the alleged mastermind behind the 1MDB scandal, playboy financier Jho Low, is still at large. Najib's mentor-turned-nemesis Mahathir, now 93 and in his second stint in office, has pledged to bring the younger man to justice and bring back the huge sums of cash stolen from 1MDB.

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BDliveSA /  🏆 12. in ZA

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