Former Malaysian PM Najib Razak convicted in 1MDB graft trial
• Court dismisses ‘Saudi donation’ defence as implausible; convicts Najib Razak on 25 counts of abuse of power, money laundering • Prosecutors say funds were used to buy yachts, real estate, films; judgement strains PM Anwar’s coalition PUTRAJAYA: Jailed former Malaysian prime minister Najib Razak was convicted on Friday on all charges of abuse of power and money laundering, in the biggest trial yet tied to the multibillion-dollar 1MDB scandal, a ruling with political repercussions for both him and the current government. Judge Collin Lawrence Sequerah found Najib, 72, guilty on all four counts of abuse of power and 21 charges of money laundering. The verdict addresses the alleged embezzlement of massive sums from 1Malaysia Development Berhad (1MDB) while Najib served as prime minister, with the court ruling that the evidence overwhelmingly pointed to his culpability. “The contention by the accused that the charges against him were a witch hunt and politically motivated were...