Malaysian Court Convicts Najib Razak of Embezzling RM2.3 Billion from 1MDB and Abusing Power to Launder Funds

A Malaysian High Court in Putrajaya on 26 December found former prime minister Najib Razak guilty on all 25 counts in the second major trial tied to the 1Malaysia Development Berhad (1MDB) scandal.

“Former Malaysian Prime Minister Najib Razak has been convicted in a corruption trial tied to a multibillion-dollar looting of the 1MDB state investment fund PUTRAJAYA, Malaysia --Imprisoned former Malaysian Prime Minister Najib Razak was convicted Friday following a corruption trial tied to multibillion-dollar looting ofthe 1MDB state investment fund”

ABC News

The charges included four counts of abuse of power and 21 counts of money‑laundering.

ABC News

Judges and prosecutors said the prosecution proved the case beyond reasonable doubt and linked about RM2.2–2.3 billion (roughly $539–$569 million) in transfers to Najib’s personal accounts.

Sentencing had not yet been announced as mitigation was to follow.

The verdict was read after a trial that spanned years and heard dozens of witnesses.

It marks another high‑profile conviction in a scandal U.S. and Malaysian authorities say involved roughly $4.5 billion in looted funds.

The judge explicitly rejected Najib's defence that large transfers into his accounts were a Saudi political donation, repeatedly citing forged supporting documents and Najib's failure to verify the funds' origin.

Justice Collin Lawrence Sequerah said the prosecution had proven the money clearly came from 1MDB and pointed to an unmistakable bond with fugitive financier Low Taek Jho (Jho Low), who prosecutors say acted as an intermediary in siphoning funds.

Al Jazeera

Several reports noted the judge's finding that Najib took steps that shielded him or obstructed inquiries into the transfers.

Reporting on the scale of the 1MDB looting and the portion tied specifically to Najib varies between outlets and between ringgit and U.S. dollar-based summaries.

“The judge is yet to deliver the complete verdict, but Najib has been found guilty of abuse of power and money laundering”

Al Jazeera

Multiple outlets repeat investigators' estimates that roughly $4.5 billion was siphoned from 1MDB overall, while the sums attributed to Najib's accounts are reported as approximately RM2.2-2.3 billion (about $539-$569 million), 'more than $700 million,' or as 'more than $1 billion' in some accounts.

U.S. filings and investigative pieces add further detail, with some filings cited in reporting alleging specific transfers of about $681 million into accounts linked to Najib ahead of Malaysia's 2013 election.

Najib's legal and custodial status was a focus of media coverage.

He is already serving a sentence from a 2020 SRC International conviction and began serving that sentence in August 2022.

Anadolu Ajansı

Many outlets noted that Najib's lawyers planned to appeal the new convictions and that mitigation submissions were expected ahead of sentencing.

Earlier this week the High Court refused his bid to serve the remainder of his sentence under house arrest.

Reporting varied on the current length of his incarceration because of differences in how earlier sentences were reported and later altered by Malaysia's Pardons Board.

Observers and media outlets examined the wider political and international fallout.

“PUBLISHED : 26 Dec 2025 at 16:45 WRITER:AFP PUTRAJAYA (MALAYSIA) - Former Malaysian prime minister Najib Razak was found guilty on Friday of abusing his power in the 1MDB graft scandal, which saw billions plundered from the now-defunct sovereign wealth fund”

Bangkok Post

Coverage highlighted 1MDB's role in toppling Najib's government in 2018.

Bangkok Post

It noted global probes that led to prosecutions and fines, including penalties tied to banks such as Goldman Sachs.

Coverage also pointed to potential domestic political strain for Prime Minister Anwar Ibrahim's coalition now that Najib's UMNO remains politically influential.

Some outlets framed the verdict as a legal milestone and an affirmation of accountability.

Others highlighted unanswered questions, including that fugitive financier Jho Low remains at large.

They noted Najib's supporters insist he was treated unfairly.

Observers warned that appeals and mitigation could prolong the legal process.