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“The court did not find that the accused has been misled by the charges,” said the judge.
Najib, 71, is facing four charges of using his position to obtain gratification totalling MYR2.3 billion in 1MDB funds at the AmIslamic Bank Berhad branch on Jalan Raja Chulan, Bukit Ceylon here between Feb 24, 2011, and Dec 19, 2014.
He is charged under Section 23(1) of the Malaysian Anti-Corruption Commission (MACC) Act and can be punished under Section 24(1) of the same act.
Upon conviction, the former finance minister faces up to 20 years in prison and a fine of either five times the amount of the bribe or MYR10,000, whichever is higher.
For the 21 money laundering charges, Najib is accused of committing the offences at the same bank between March 22, 2013 and Aug 30, 2013.
The charges are framed under Section 4(1)(a) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which provides for a maximum fine of MYR5 million and imprisonment of up to five years, or both, upon conviction.
The prosecution was led by deputy public prosecutor Kamal Baharin Omar while Najib was represented by counsel Tan Sri Muhammad Shafee Abdullah, who led the defence team.
Najib has been serving a sentence in Kajang Prison since Aug 23, 2022, after being convicted in a separate criminal trial over misappropriating MYR42 million from SRC International Sdn Bhd.
Following his conviction, the former Pekan MP filed a petition for a royal pardon on Sept 2, 2022, which resulted in a reduction of his 12 years’ imprisonment to six years and MYR210 million fine to MYR50 million.