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Malaysian ex-PM to jail over corruption scandal
Story: Former Malaysian Prime Minister Najib Razak has been ordered by the country’s Supreme Court to begin a 12-year prison sentence. The national fund he called 1Malaysia Development Berhard, or 1MDB. Dismissing Najib’s final appeal, the country’s Supreme Court also denied his request for a stay of sentence. , and money laundering illegally receiving approximately $10 million from SRC International, a former unit of 1MDB. He was out on bail and pending appeal. This was Najib Tuesday, hours before the verdict. He also faces fines of more than $46.8 million.The court had previously dismissed Najib’s attempts to postpone a final sentence, and prosecutors ruled that Najib was first elected as prime minister in 2009. He said about $4.5 billion was stolen from 1MDB, which he co-founded in 2018. .