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Najib's First 1MDB Trial Starts in Key Test for Malaysia

  • Malaysia’s former leader to face seven charges linked to 1MDB
  • Trial begins after delays due to procedures, lawyer injury
Bloomberg business news
Malaysia Puts Ex-PM Najib Razak on Trial for 1MDB-Linked Charges
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The first of many trials for Malaysia’s former premier Najib Razak will serve as a key test of the nation’s readiness to get to the bottom of the 1MDB scandal.

Najib appeared in court on Wednesday to face seven of 42 corruption and money-laundering charges linked to his role in 1MDB, the state fund at the center of a global heist that allegedly saw $4.5 billion embezzled. Najib, who has denied any wrongdoing, stopped to greet a group of his supporters before entering the courthouse.