Malaysian ex-PM Najib combative ahead of 1MDB graft trial
KUALA LUMPUR, Malaysia — From appearing in an R&B music video and trolling social media to vilify the new government, former Malaysian Prime Minister Najib Razak has been combative before the start of his graft trial, linked to the multibillion-dollar looting of the 1MDB state investment fund that has battered the country’s standing abroad.
The trial was to start Tuesday, but Najib’s lawyers won a delay of proceedings on Monday.
Najib’s lawyer, Farhan Read, said the Appeal Court allowed the delay pending an appeal over a technical issue that the defence says could impair the validity of the trial. No date has been set for the appeal hearing. Prosecutors couldn’t immediately be reached for comment, but reportedly said it could delay the trial by up to two weeks.
Anger over the 1MDB scandal led to Najib’s spectacular election defeat nine months ago. U.S. investigators say more than $4.5 billion was stolen from 1MDB by associates of Najib between 2009 and 2014 and the ill-gotten gains were laundered through layers of bank accounts in the U.S. and other countries to finance Hollywood films and buy hotels, a luxury yacht, art works, jewelry and other extravagances. Some $700 million from the fund that Najib set up for Malaysia’s economic development allegedly landed in his own bank account.