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BackMalaysia’s Najib closer to house arrest as Umno pays US$12.3 million fine
Malaysia’s Najib closer to house arrest as Umno pays US$12.3 million fine
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SCMP Economy26 minutes agoPolitics1 min readChina

Malaysia’s Najib closer to house arrest as Umno pays US$12.3 million fine

najib razakumno1mdb

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Malaysia's Umno party says it paid Najib Razak's 50 million ringgit fine through a public fundraising campaign, enabling his house arrest under a September royal pardon after more than four years in prison for a 1MDB-linked corruption case.

AI-generated summary

Why It Matters

Najib Razak was granted a royal pardon in September allowing him to serve the remainder of his sentence at home until August 2028, after more than four years behind bars, in a corruption case linked to sovereign wealth fund 1Malaysia Development Berhad (1MDB). The 50 million ringgit fine was a condition of the pardon.

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Malaysia's Umno said on Friday it had settled the court payment needed to move disgraced former prime minister Najib Razak to house arrest, after a public fundraising campaign reached its target to cover his 50 million ringgit (US$12.3 million) fine.

The penalty was a condition of a royal pardon granted in September allowing Najib to serve the remainder of his sentence in a corruption case linked to sovereign wealth fund 1Malaysia Development Berhad (1MDB) at home until August 2028, after more than four years behind bars.

Umno secretary general Asyraf Wajdi Dusuki said the Najib Razak Solidarity Fund, launched on September 18, had raised sufficient money and the party had completed the payment process at the Kuala Lumpur High Court on Friday morning.

Open Questions

  • How much was raised through the Najib Razak Solidarity Fund
  • How many donors contributed to the fund
  • Whether the fine payment fully satisfies all conditions of the royal pardon

Related Topics

najib razak
PeopleNajib RazakAsyraf Wajdi Dusuki
OrganizationsUmnoKuala Lumpur High Court
PlacesKuala LumpurMalaysia
Topicsumno1mdbhouse arrestroyal pardonfundraisingmalaysia
This article was originally published by SCMP Economy.

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