After Malaysia's political turmoil, questions over trials in 1MDB scandal

Reuters
Kuala Lumpur, Malaysia Published: Mar 03, 2020, 02:07 PM(IST)

File photo of Najib Razak. Photograph:( Reuters )

Story highlights

Mahathir Mohamad, who was ousted as prime minister in last week's realignments, accused Najib and his party of engineering last week's political crisis to help them avoid conviction.

Hours after Malaysia's change of leadership at the weekend, former prime minister Najib Razak posted a picture of himself smiling and giving a thumbs up on social media.

It was tagged as a gesture of satisfaction with a restaurant meal, but many Malaysians saw it as a bigger sign of happiness from a man who was driven from office in 2018 and is now on trial for corruption over the multi-billion 1MDB fund scandal.

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With the return of Najib's party to power after a week of political turmoil, and therefore being in a position to influence policy, some Malaysians were questioning whether it will affect the handling of the high profile trials.

Mahathir Mohamad, who was ousted as prime minister in last week's realignments, accused Najib and his party of engineering last week's political crisis to help them avoid conviction.

"If Najib can be part of the government now, he can do all sorts of things to free himself," the 94-year-old told a meeting with his party’s youth members on Sunday.

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Cynthia Gabriel, director of the Kuala Lumpur-based anti-corruption watchdog C4 Center, said: "The worst case scenario is that these grand corruption trials will be dropped through judicial interference and more."

Najib has said he hopes to continue to fight his case in court.

In his first message, new Prime Minister Muhyiddin Yassin said fighting corruption would be a priority for his government, whose biggest backer in parliament is Najib's United Malays National Organisation (UMNO).

The prime minister made no specific mention of the trials.

Muhyiddin took over on Sunday from Mahathir, who had ousted UMNO in 2018 amid anger over the 1MDB scandal that stretched from Malaysia to the Middle East to Hollywood. Najib, his wife, UMNO's leader and others were quickly put on trial for corruption.

The US Department of Justice estimates $4.5 billion was misappropriated from Malaysia's 1MDB sovereign fund between 2009 and 2014 US and Malaysian authorities say over $1 billion stolen from 1MDB flowed into Najib's personal banks accounts.

The case has also led to scrutiny of Goldman Sachs, which Malaysia has accused of misleading investors over bond sales totalling $6.5 billion that the bank helped raise for 1MDB. Three units of the bank have pleaded not guilty.

Najib is facing five trials, the first of which - involving seven charges linked to $10 million misappropriated from a 1MDB unit - is expected to reach a verdict within months.

He has consistently denied wrongdoing, saying he was misled by Malaysian financier Jho Low and other 1MDB officials.

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