KUALA LUMPUR (Reuters) - Malaysian prosecutors have not appealed the acquittal of former Prime Minister Najib Razak in a case of audit tampering ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSKUALA LUMPUR - Malaysian prosecutors have not appealed the acquittal of former Prime Minister Najib Razak in a case of audit tampering related to state fund 1MDB, his lawyers said on Tuesday, risking backlash for premier Anwar Ibrahim who has vowed to fight graft.
Najib, 70, is serving a 12-year jail sentence for another corruption case linked to 1Malaysia Development Berhad . He also faces several other graft charges. But Najib's lawyers at Shafee & Co said in a statement, "the prosecution evidently found no grounds for appeal" and did not file the petition.An estimated $4.5 billion was allegedly misappropriated from 1MDB by high-level officials of the fund and their associates between 2009 and 2014, the U.S. Justice Department has alleged.
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