Published by Global Banking & Finance Review®
Posted on December 26, 2025
1 min readLast updated: January 20, 2026
Malaysia's former PM Najib Razak was found guilty of abuse of power in the largest 1MDB trial, facing charges of corruption and money laundering.
KUALA LUMPUR, Dec 26 (Reuters) - Jailed former Malaysian Prime Minister Najib Razak was found guilty of abuse of power on Friday in the biggest trial yet in the multibillion-dollar fraud scandal at state fund 1MDB.
Najib had been charged with four counts of corruption and 21 counts of money laundering for receiving illegal transfers of about 2.2 billion ringgit ($544.15 million) from 1MDB. He had consistently denied wrongdoing.
The judge had yet to deliver the full verdict and sentencing.
(Reporting by Rozanna Latiff; Writing by Martin Petty; Editing by David Stanway)
Corruption is the abuse of power for personal gain, often involving bribery or unethical conduct by individuals in authority.
Money laundering is the process of making illegally obtained money appear legitimate by disguising its original source.
A financial crisis is a situation where the value of financial institutions or assets drops rapidly, often leading to economic instability.
Abuse of power occurs when an individual in a position of authority uses their power inappropriately, often to benefit themselves at the expense of others.
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