Najib’s prison sentence halved, fine reduced to RM50 mil

THE Pardons Board, in a statement today, has announced that former premier Datuk Seri Najib Razak’s sentence has been reduced from 12 to six years.

His fine, meanwhile, has also been reduced from RM210 mil to RM50 mil.

“After considering various opinions and advice, the Pardons Board of the Federal Territories of Kuala Lumpur, Labuan and Putrajaya has decided that the sentence on Datuk Seri Mohd Najib bin Tun Haji Abdul Razak was given a 50% reduction for his sentence and fine,” the statement read.

“As such, it has been agreed that (Najib) will be given an earlier release on Aug 23, 2028 while his fine has been reduced from RM210 mil to RM50 mil.

“However, if he fails to pay the (RM50 million) fine, a year will be added to Najib’s sentence, which means he would be released on Aug 23, 2029.”

Najib, who is a former finance minister, is currently serving a 12-year sentence after being found guilty of abuse of power, criminal breach of trust and money laundering in relation to RM42 mil that had been siphoned from SRC International, a former 1MBD subsidiary. He was also fined RM210 mil.

The former Pekan MP is also currently on trial to answer charges of abuse of power that allegedly brought him financial benefit to the tune of RM2.28 bil, believed to have been 1MDB funds. – Feb 2, 2024

 

Main pic credit: Reuters

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