Former Malaysian Prime Minister Najib Razak paid the fine and Umno said he met the conditions for house arrest

Former Malaysian Prime Minister Najib Razak, who was imprisoned for his involvement in the sovereign wealth fund 1Malaysia Development Berhad (1MDB), paid a fine of 50 million ringgit (approximately US$12 million) today. Najib's political party Umno said that the relevant money has been paid, which meets the conditions for him to serve the remaining sentence of his sentence under house arrest.

Agence France-Presse reported that 73-year-old Najib Razak was sentenced to jail for his involvement in the 1MDB scandal. This case is regarded as one of the largest sovereign wealth fund fraud cases in the world.

"UMNO has completed the process of paying all monies to the Kuala Lumpur High Court this morning," Umno said in a statement, referring to the RM50 million fine.

"Umno hereby officially closes the Najib Special Solidarity Fund account established to receive donations from the public as it is no longer necessary to raise funds from the public," Umno said.

Najib's aide Ahmad Lutfi Azhar also confirmed that the money had been paid. Najib's lawyer Farhan Shafee said that the legal team has obtained the transfer documents.

"We have obtained the order (of house arrest) and now we will send it to Kajang Prison," Farhan told reporters.

Asked whether Najib would be transferred to his home today, Farhan replied: "If the whole process goes according to plan."

Malaysian Head of State Sultan Ibrahim approved Najib's conditional pardon in September this year, provided that he paid the fine and allowed him to serve the remainder of his sentence under house arrest.

An AFP reporter observed that as of noon, yellow police cordons had been put up on the road leading to Najib's home, and traffic cones were set up to control access.

The police parked patrol cars and mobile police vehicles near the road entrance and set up two tents in preparation for crowd control.