Malaysia: Najib Razak misled by Jho Low in state fund 1mdb

6 December, 2019

Muhammad Shafee Abdullah

Muhammad Shafee Abdullah

Former Malaysian Prime Minister Najib Razak opened his defense December 3 2019
in his first corruption trial linked to the multibillion-dollar looting of the 1MDB state investment fund. Najib’s defense will show he is also “a victim” of a scheme devised by Low and his cohorts, Najib’s lawyer Muhammad Shafee Abdullah told reporters during lunch break Tuesday. Low bribed the management of 1MDB and SRC to do his bidding and kept Najib in the dark.
Low is wanted in both Malaysia and the U.S. and currently in hiding.

[November 22 2019]

Najib Razak went on trial on November 18 2019 in the third case related to the multi-billion-dollar scandal at state fund 1MDB, with prosecutors saying Malaysia’s former prime minister tampered with a government audit of the fund in a bid to avoid civil and criminal proceedings. His lawyers say he was misled by rogue bankers led by Jho Low. The trial opened just days after another court ordered Najib to enter his defence in his first case, which relates to 1MDB unit, SRC. A second case started in August and is ongoing.

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