Former Malaysian prime minister convicted of 7 graft charges over investment fund

  • 📰 latimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 82%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

A Malaysian court pronounced former Prime Minister Najib Razak guilty in his first corruption trial over the multibillion-dollar looting of the 1MDB investment fund.

Goldman Sachs has reached a $3.9-billion settlement with Malaysia over the 1MDB sovereign wealth fund that was used to launder money.

Najib’s first trial began in April 2019 over seven charges related to the transfer of $9.8 million from SRC International, a former 1MDB unit, into his bank accounts through intermediary companies. Najib was accused of using his position to receive a bribe for approving a government guarantee for billions in loans to SRC, committing criminal breach of trust and accepting proceeds from unlawful activities.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 11. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen