Malaysia’s Najib Razak has been found guilty in a corruption trial linked to the disgraced state investment fund 1MDB, marking the first time the country’s courts have convicted a former prime minister.
The verdict comes just days after Malaysia struck a $3.9bn landmark settlement with Goldman Sachs over losses the south-east Asian country suffered in the 1MDB scandal.
Malaysia’s high court found Mr Najib guilty on seven charges including money laundering, criminal breach of trust and abuse of power. He has yet to be sentenced and the hearing was still ongoing on Tuesday afternoon.
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