Malaysia court orders ex-PM Najib to pay $1.3 billion to 1MDB unit, state media reports
Published on March 31, 2026.
A Malaysian court has ordered ex-Prime Minister Najib to pay $1.3 billion to 1Malaysia Development Bhd (1MDB), a property-to-energy fund chaired by Najib Razak. The Kuala Lumpur High Court ruled that Najib was liable for losses incurred by SRC International, a former subsidiary of sovereign wealth fund 1MDB. The judge ruled that he had breached his fiduciary duties and misappropriated SRC funds for personal gain. In December, Najib received a 15-year prison sentence and $2.8 billion in a separate case for corruption and money laundering.
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