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Friday
December 2018
11:32 PM IST
News Headlines
Diving legend says HIV-contracted friend inspired him to Olympic gold        India beat Pakistan to reach final of Emerging Teams Asia Cup        Boosting exports key to make India $5-tn economy by 2025: Kant        Prabhu, US Commerce Secretary to discuss trade issues on Feb 14        Ceasefire for key Yemen port agreed at peace talks: UN        Britain's May sees no 'immediate breakthrough' at EU        Poll results prove Ram Temple or communal polarisation doesn't cut ice with people: Sinha        Ashok Gehlot appeals to Cong workers in Raj to maintain peace        Rahul tweets pic with Kamal Nath, Scindia as race for CM moves to Bhopal        Aussies will fight back, but India has upper hand: Ghavri        World Tour Finals: Tough road ahead for Sindhu; Sameer too eyes knockout berth        Govt should consider 100% FDI in multi-brand retail trade: CII report        Shaktikanta Das named new RBI Governor        Khashoggi, other journalists named Time 'Person of the Year'        May tours Europe in desperate bid to save Brexit deal        Three policemen killed in Shopian by terrorists; weapons snatched        13 of 19 Rajasthan ministers lose elections; CM Vasundhara Raje retains her seat        Clear message to Modi that People are unhappy and it is time for change: Rahul on poll results        Cong leads in R'than, Chhattisgarh and MP; TRS races ahead in Telangana, MNF in Mizoram        Shakhtar prepare for home match 700 kilometres from home        
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International News
Malaysia ex-PM Najib to face corruption trial in February
 
Kuala Lumpur, Aug 10 (AFP) Former Malaysian prime minister Najib Razak's trial on corruption charges related to a massive financial scandal that led to his shock election defeat will start in February, a court said today.

Najib, 65, will stand trial for criminal breach of trust, money laundering and power abuse linked to billions of dollars allegedly looted from sovereign wealth fund 1MDB.

The former leader, who is free on bail, has been hit with seven charges so far, including three for money laundering lodged on Wednesday over claims he pocketed 42 million ringgit (USD 10.3 million) from a former unit of 1MDB.

These are in addition to the charges he faced last month after he was first arrested -- three for criminal breach of trust and a separate count that he abused his position to take the money.

Najib has denied all the charges.

Malaysia's new government, under Najib's 93-year-old former mentor Mahathir Mohamad, is probing the corruption allegations involving 1MDB -- which was set up and overseen by Najib -- in an audacious fraud that spanned the globe.

High Court Judge Mohamad Nazlan Mohamad Ghazali set the trial dates from February 12-28 and from March 4-29.

State prosecutors said they expect to call around 50 witnesses.

Najib is facing a long time behind bars if found guilty -- the money-laundering charges carry maximum jail terms of 15 years each, while the other four charges carry sentences of 20 years each.

The money-laundering charges allege 42 million ringgit stemming from illegal activities was transferred to Najib's bank accounts between December 2014 and February 2015.

All the charges relate to fund transfers from SRC International, an energy company that was originally a subsidiary of 1MDB.

The sums involved are just a fraction of the USD 681 million that was mysteriously transferred to Najib's personal bank accounts several years ago, sparking uproar in Malaysia.

Najib, who has consistently denied any wrongdoing, and his allies are accused of using the plundered money to buy everything from US real estate to artworks and a luxury yacht that was recently handed over to Malaysia.

Najib's lawyer Muhammad Shafee Abdullah said Wednesday that the toppled leader believed the case was driven by politics.

"I am confident of a fair trial for my client, but my client thinks this is a political prosecution," Muhammad Shafee told reporters.

The US Department of Justice, which is seeking to recover items allegedly bought with stolen 1MDB cash in America, estimates that 4.5 billion in total was looted from the fund.

Following Najib's election loss in May, police seized a vast trove of items -- including expensive handbags and jewellery -- from properties linked to him with an estimated value of up to USD 273 million.


Ceasefire for key Yemen port agreed at peace talks: UN
Britain's May sees no 'immediate breakthrough' at EU
Khashoggi, other journalists named Time 'Person of the Year'
May tours Europe in desperate bid to save Brexit deal
Trump's potential next chief of staff pick leaving White House
UK PM faces fight for her political life in Brexit deal
Iran arrests 10 over suicide attack on police
Trump chooses new Joint Chiefs of Staff chairman, against Mattis wishes
Merkel gets boost with ally's party win
Rouhani warns weakened Iran less able to fight trafficking
Trump may nominate Heather Nauert as UN Ambassador: Reports
Qatar injects more cash into Gaza for Hamas employees
Singer Mika Singh Detained in Dubai for Sending Obscene Messages to 17-year-old: Reports
Conditions Met for Assange to Leave Embassy in London, Says Ecuador President
Pakistan slashes non-salary budget by 10%
Moscow dismisses 'groundless' US claim Russia breaching arms treaty
AgustaWestland deal 'middleman' Christian Michel brought to India
Don't be like Hitler: sacked Lankan PM tells President Sirisena
Sri Lanka court suspends Mahinda Rajapakse's powers as PM
Nigerian President denies death, body double rumours
ENTERTAINMENT NEWS
Vaikom Vijayalekshmi ties knot with Anoop
 Vaikom: Playback singer Vaikom Vijayalekshmi has tied knot with Anoop N. at Vaikom Mahadeva temple.  
Mohanlal's Odiyan: Official trailer launched
Mammootty narrates Odiyan's intro?
Sradha Kapoor as Saina Nehwal: First look poster is out.
KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
NATIONAL NEWS
Poll results prove Ram Temple or communal polarisation doesn't cut ice with people: Sinha
 New Delhi, Dec 13 (PTI) Former Union minister Yashwant Sinha on Thursday said there is a "great deal
Ashok Gehlot appeals to Cong workers in Raj to maintain peace
Three policemen killed in Shopian by terrorists; weapons snatched
13 of 19 Rajasthan ministers lose elections; CM Vasundhara Raje retains her seat
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