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<h1>Najib Razak convicted for 1MDB-linked corruption, found guilty of abuse of power in multimillion-dollar fund siphoning.</h1> Najib Razak was convicted on three counts of abuse of power for siphoning more than $700 million from 1MDB into personal accounts, with this finding set against earlier SRC/1MDB convictions and sentence reductions by the Pardons Board; a royal order for home arrest was invalidated and related international money laundering allegations remain subject to cross border investigations.