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Bangkok A Malaysian appeals court has rejected disgraced former prime minister Najib Razak’s appeal against his conviction on corruption charges and a 12-year prison term, the state news agency Bernama reported Wednesday. Najib was convicted and sentenced to 12 years in jail in July last year at the end of the first of five trials related to large-scale graft during his nine years as premier. His tenure in power ended in a shock defeat in 2018 elections fought in part over the scandals. Najib was found guilty of money laundering, abuse of office and breach of trust after almost ten million dollars were allegedly stolen from SRC International, a subsidiary of 1MDB, a state fund set up by Najib. The appeals court on Wednesday also upheld a fine of 210 million ringgit ($50.7 million). Najib, 68, has been free on bail pending the appeal. Up to $4.5 billion could have been looted from the 1MDB fund, according to the US Department of Justice. (Agencies)
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09/12/2021
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