Top court upholds Malaysia ex-PM Najib's jail sentence in 1MDB scandal

14 Sept 02:38 Key points summarised by AI

Malaysia's Federal Court upheld former Prime Minister Najib Razak's 12-year jail sentence for corruption.
The conviction is linked to the multi-billion dollar 1MDB financial scandal, specifically the transfer of 42 million ringgit from SRC International to his personal account.
Judges unanimously affirmed the lower court's findings, citing overwhelming evidence of guilt on all seven charges, including abuse of power and money laundering.
This final ruling exhausts Najib's appeals, confirming his imprisonment after previous court decisions denied his challenges.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.