office,” was the opening statement of Malaysia’s Attorney General, Tommy Thomas, on the first day of Najib Razak’s 1MDB trial on Wednesday, April 3.
1Malaysia Development Berhad the state-owned investment fund that Mr Najib himself founded, ended up losing S$6 billion that may have ended up among his cronies, an amount that includes nearly S$1 billion that prosecutors believe went to his own accounts.The Attorney General told the High Court that Mr Najib spent half a million ringgit from the laundered 1MDB funds buying luxury items at an American boutique in 2015.
Additionally, Mr Thomas says that the prosecution will also show cheques issued to different Barisan Nasional parties. The proceedings went on for three hours, the former Prime Minister will report back in court on April 15. But yesterday’s appearance will have only been the first among many since Mr Najib is facing multiple charges of graft in connection to the 1MDB scandal.
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