Najib settles RM3.5 million bail

Najib settles RM3.5 million bail

The former prime minister paid RM1 million on Sept 21 with the rest paid in daily tranches of RM500,000.

KUALA LUMPUR: Former prime minister Najib Razak has settled the balance of the RM3.5 million bail imposed by the Sessions Court after he claimed trial on Sept 20 to 25 charges related to 1MDB funds.

This was confirmed in a check at the bail payment counter at the Jalan Duta Court Complex here at 9am today.

On Sept 20, Sessions Court judge Azura Alwi granted Najib bail of RM3.5 million in two sureties and set Nov 16 for case mention.

The judge allowed an application by Najib, through his lawyer Muhammad Shafee Abdullah, to pay RM1 million on Sept 21 and RM500,000 daily by today.

Najib faces four charges of corruption over RM2.282 billion involving 1MDB funds deposited into his personal account and 21 charges of money laundering involving the same amount.

He also faces three counts of criminal breach of trust and one charge of abuse of power involving RM42 million belonging to SRC International, and three counts of money laundering involving the same amount.

 

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