Najib staring at 125 years in jail... if found guilty of 7 charges

Nicholas Chin Updated 5 years ago · Published on 8 Aug 2018 2:00PM · 7 Comments

Former prime minister Najib Razak leaving the Kuala Lumpur High Court after pleading not guilty to three counts of money laundering today. – The Malaysian Insight pic by Seth Akmal, August 8, 2018.

NAJIB Razak might be jailed up to 125 years and fined a total of RM210 million if found guilty of corruption in relation to a former 1MDB unit.

The former prime minister and finance minister today faces three more charges of money laundering in addition to three counts of criminal breach of trust and one count of abuse of power on July 4.

He claimed trial today at the Kuala Lumpur High Court to three counts of money laundering.

If found guilty, Najib faces 15 years’ jail for each charge and a fine of at least five times the sum of the money laundered, or RM5 million, whichever is higher, for each charge.

If found guilty on all counts, the former Umno president could be jailed 125 years.

He is accused of accepting RM42 million from SRC International Bhd, a former 1Malaysia Development Bhd subsidiary.

1MDB is Najib’s brainchild and he served as chairman of its advisory board.

SRC International was set up to provide investment in areas of strategic interest, such as coal and natural gas. It received a RM4 billion loan from Retirement Fund Inc (KWAP) for these investments between 2011 and 2012.

The money-laundering charges today are related to three tranches – RM27 million, RM5 million and RM10 million each – banked into Najib’s AmBank account between December 2014 and February 2015. 

Earlier charges

The four charges in July included three counts of criminal breach of trust and one count of abuse of power.

Each of the charges carries a maximum jail sentence of 20 years upon conviction. 

The fourth charge was for abuse of office under Section 23 of the Malaysian Anti-Corruption Commission Act. The charge also carries a maximum jail sentence of 20 years, as well as a fine not less than five times the sum or the value of the gratification received by abusing public office.

Najib is accused of giving government guarantees on SRC’s RM4 billion loan from KWAP in return for RM42 million.

125 years’ jail

If found guilty on all counts, Najib could face up to 125 years in prison. 

The four charges in July each carries a maximum 20-year sentence, totalling a potential 80 years, while the three new charges today each carries a maximum 15-year sentence, meaning a further 45 years.

The ongoing trial is not connected to investigations into 1MDB by a special task force led by former attorney-general Abdul Gani Patail.

On July 27, 2016, MACC prepared a charge sheet in connection with SRC International and handed it to then attorney-general Mohamed Apandi Ali.

Apandi rejected the recommendation to prosecute Najib and cleared him of any wrongdoing.

Najib has pleaded not guilty to all seven charges and the trial is expected next year. – August 8, 2018.

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Comments

  • I hope more will be added each month after investigation.

    Posted 5 years ago by TC BOY · Reply

  • It is more than enough to lock him first before the rest of charges comes streaming in. Since the charges are read out why is he freely roaming around and making a nuisance of himself to the public. Place him under remand and starts the proceedings.Once it is proven and confirmed the guilt of his in the blantatnt corrupted dealings on 1MDB, the Scorpene deals and Altantuya, treacherous and traitorous acts to the country and all the other associated murder, please hang him!!!!!!!!!!!!!!! . Save the rakyat of prolong agony on his presence.

    Posted 5 years ago by Lee Lee · Reply

    • Very much agreed with you.....he is making fun of the present government with all his sarcastic and stupid comments....please, LOCK HIM UP.

      Posted 5 years ago by Azis Yusoff · Reply

    • Be patience......he will end up some way in the new prison which he erected in Lahad Datu...

      Posted 5 years ago by Jacob Chang Sadang · Reply

  • Claimed as Cash is King...Go to jail for life.

    Posted 5 years ago by Will Be Humble · Reply

  • Easy to charge, but get all the proof..

    Posted 5 years ago by MELVILLE JAYATHISSA · Reply

  • Apandi in rejecting recommendations to prosecute Najib whilst clearing him of any wrongdoing has committed a double travesty of justice. As Attorney General, he has abetted "Raja Wang Tunai" in laundering tens of billions plundered from our national coffers and polluted UMNO's bank accounts with his fairy tale donations.

    Posted 5 years ago by Roger 5201 · Reply