https://www.taxtmi.com/news?id=65895 Najib Razak was found guilty of abuse of power and money laundering for receiving over USD 700 million from 1MDB; forged Saudi donation letters were rejected and intermediary involvement established. Custodial sentences run concurrently yielding an effective 15-year term to follow an existing sentence; a substantial fine was imposed with additional imprisonment if unpaid. The ruling emphasises failure to verify fund origins, use of suspect funds, staged returns to conceal provenance, and the defence's intention to appeal. en-us Fri, 26 Dec 2025 19:16:03 +0530 Fri, 26 Dec 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=65895 Najib Razak was found guilty of abuse of power and money laundering for receiving over USD 700 million from 1MDB; forged Saudi donation letters were rejected and intermediary involvement established. Custodial sentences run concurrently yielding an effective 15-year term to follow an existing sentence; a substantial fine was imposed with additional imprisonment if unpaid. The ruling emphasises failure to verify fund origins, use of suspect funds, staged returns to conceal provenance, and the defence's intention to appeal. News - Fri, 26 Dec 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=65895