Malaysia court orders ex-PM Najib to pay US$1.3 billion to 1MDB unit
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A Malaysian court on Tuesday ordered jailed former prime minister Najib Razak to pay US$1.3 billion to a former unit of scandal-tainted state fund 1MDB, state media reported. The Kuala Lumpur High Court ruled that Najib was liable for losses incurred by SRC International, a former subsidiary of sovereign wealth fund 1Malaysia Development Berhad, state news agency Bernama reported. High Court judge Ahmad Fairuz Za...
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A Malaysian court on Tuesday ordered jailed former prime minister Najib Razak to pay US$1.3 billion to a former unit of scandal-tainted state fund 1MDB, state media reported. The Kuala Lumpur High Court ruled that Naj...