Malaysian ex-PM Najib's first 1MDB trial to proceed
Kuala Lumpur: Malaysian ex-leader Najib Razak's first trial linked to the 1MDB scandal will proceed after a judge ruled Monday prosecutors had made a sufficient case, boosting efforts to bring him to justice over the mammoth fraud.
The former prime minister will take the stand next month when his defence begins, in the case related to the theft of billions of dollars from sovereign wealth fund 1MDB. His coalition was ousted at the polls last year after six decades in power, largely due to the scandal, and he has since been arrested and hit with dozens of charges linked to the looting of the investment vehicle. The 66-year-old went on trial for the first time in April over the controversy, in a case centring on the transfer of 42 million ringgit (USD 10.1 million) from a former 1MDB unit into his bank account. Najib denies any wrongdoing. Prosecutors finished presenting their evidence in August, and on Monday High Court judge Mohamad Nazlan Mohamad Ghazali ruled the case was strong enough to go forward and Najib should enter his defence. "The accused had enormous and overarching influence" over the 1MDB unit, SRC International, the judge told the court, adding the prosecution had established Najib has a case to answer for all seven charges he is facing. "It was under the control of the accused from day one. The accused wielded considerable power." The alternative would have been to strike out the charges in the case, although Najib is still facing several other cases linked to 1MDB, with his biggest trial over the scandal having opened in August.