Tuesday, 12 February 2019

Toppled Malaysian leader's 1MDB trial delayed

Toppled Malaysian leader's 1MDB trial delayedFormer Malaysian premier Najib Razak's trial over a massive financial scandal that contributed to his government's downfall was postponed Monday, in a blow to slow-moving efforts to bring the disgraced politician to justice. Najib had been due to go on trial Tuesday for the first time over allegations linked to his involvement in the looting of Malaysian sovereign wealth fund 1MDB in a fraud that reverberated around the world. Billions of dollars were allegedly stolen by Najib and his cronies from 1MDB, which was set up to help develop Malaysia's economy, and spent on everything from high-end real estate to expensive artworks.

from Yahoo News - Latest News & Headlines https://yhoo.it/2THX381

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