AIRLINK 198.40 Increased By ▲ 0.43 (0.22%)
BOP 9.92 Decreased By ▼ -0.12 (-1.2%)
CNERGY 7.52 Increased By ▲ 0.23 (3.16%)
FCCL 38.50 Increased By ▲ 2.50 (6.94%)
FFL 16.79 Decreased By ▼ -0.12 (-0.71%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 134.75 Increased By ▲ 0.72 (0.54%)
HUMNL 14.15 Increased By ▲ 0.01 (0.07%)
KEL 4.78 No Change ▼ 0.00 (0%)
KOSM 6.74 Decreased By ▼ -0.20 (-2.88%)
MLCF 46.05 Increased By ▲ 1.07 (2.38%)
OGDC 216.80 Decreased By ▼ -1.43 (-0.66%)
PACE 6.96 Increased By ▲ 0.02 (0.29%)
PAEL 40.95 Decreased By ▼ -0.47 (-1.13%)
PIAHCLA 17.00 Increased By ▲ 0.14 (0.83%)
PIBTL 8.50 Increased By ▲ 0.04 (0.47%)
POWER 9.55 Increased By ▲ 0.16 (1.7%)
PPL 183.40 Decreased By ▼ -2.53 (-1.36%)
PRL 42.69 Increased By ▲ 1.42 (3.44%)
PTC 24.99 Increased By ▲ 0.22 (0.89%)
SEARL 103.90 Decreased By ▼ -0.75 (-0.72%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.45 Decreased By ▼ -0.46 (-1.12%)
SYM 17.80 Decreased By ▼ -0.25 (-1.39%)
TELE 8.85 Decreased By ▼ -0.06 (-0.67%)
TPLP 12.94 Increased By ▲ 0.10 (0.78%)
TRG 65.90 Decreased By ▼ -0.70 (-1.05%)
WAVESAPP 11.16 Decreased By ▼ -0.14 (-1.24%)
WTL 1.77 Decreased By ▼ -0.01 (-0.56%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,119 Increased By 9.9 (0.08%)
BR30 36,719 Increased By 121.5 (0.33%)
KSE100 114,864 Decreased By -178 (-0.15%)
KSE30 36,099 Decreased By -101.1 (-0.28%)

KUALA LUMPUR: Malaysian prosecutors on Friday wrapped up their arguments against former premier Najib Razak’s final bid to overturn a 12-year jail sentence for corruption, saying he was aware that he had received funds from an “unlawful activity.”

Najib’s lawyers declined to present their case in court this week, citing insufficient time to prepare. They had submitted written arguments before the proceedings began.

It is unclear how the Federal Court will proceed when it resumes on Tuesday. It could potentially either deliver its verdict or set a new date for its decision.

Najib, 69, was convicted in July 2020 by a lower court for criminal breach of trust, abuse of power, and money laundering for illegally receiving about $10 million from a former unit of state fund 1Malaysia Development Berhad (1MDB).

Prosecutors have said some $4.5 billion were stolen from 1MDB - co-founded by Najib as premier in 2009 - in a wide-ranging scandal that has implicated officials and financial institutions around the world.

Malaysia’s ex-PM Najib fails in bid to admit new evidence in final 1MDB appeal

An appellate court last year upheld the guilty verdict against Najib but the former premier appealed again to the Federal Court, which began proceedings this week in what would be his final appeal.

Najib, who faces several trials over the allegations, has pleaded not guilty to all charges. His lawyers have argued in the lower courts that Najib was misled by 1MDB officials.

Najib “knew, or had reason to believe or had reasonable suspicion that the monies that he received in his bank accounts were proceeds from an unlawful activity,” lead prosecutor V. Sithambaram told the court.

Najib had replaced his legal team just three weeks before his appeal began on Monday.

Malaysia’s Najib starts final bid to overturn 1MDB jail sentence

After the prosecution wrapped up its arguments, Chief Justice Tengku Maimun Tuan Mat again asked Najib’s lawyer Hisyam Teh Poh Teik to begin his submissions on Tuesday.

Hisyam declined.

Najib and Hisyam declined to comment after the day’s proceedings.

Comments

Comments are closed.