The first of many trials facing former Malaysian
Prime Minister Najib Razak started on Wednesday after weeks of delay —
but analysts say the ex-leader’s defense team is likely to try to
postpone the proceedings further.
Najib — unexpectedly ousted in the general election last May — faces more than 40 charges linked to the disappearance of billions of dollars from Malaysian state investment firm 1MDB.
The current trial involves seven charges related to an alleged transfer of 42 million Malaysian ringgit ($10.3 million) from a former 1MDB unit to Najib’s personal bank account. He has pleaded not guilty to all charges.
Wednesday’s trial began after a two-month delay and is set to recommence on April 15. Earlier postponements followed appeals over procedural matters.
Analysts said there are political incentives for Najib if his trial is delayed, and they expect more attempts by the defense to push back proceedings.
Read more on CNBC
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Najib — unexpectedly ousted in the general election last May — faces more than 40 charges linked to the disappearance of billions of dollars from Malaysian state investment firm 1MDB.
The current trial involves seven charges related to an alleged transfer of 42 million Malaysian ringgit ($10.3 million) from a former 1MDB unit to Najib’s personal bank account. He has pleaded not guilty to all charges.
Wednesday’s trial began after a two-month delay and is set to recommence on April 15. Earlier postponements followed appeals over procedural matters.
Analysts said there are political incentives for Najib if his trial is delayed, and they expect more attempts by the defense to push back proceedings.
Read more on CNBC
Recent news :
Malaysia's former PM Najib on corruption trial
Najib on Trial: Hearing finishes for the day (April 3)
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