Najib 1MDB trial: Malaysia’s former PM sentenced to 12 years in jail and fined US$49 million, crushing comeback hopes
- ‘This is definitely not the end of the world,’ Najib said after judge granted him bail pending an appeal
- The charges related to Najib’s role in some US$4.5 billion being looted from a state investment fund and siphoned through his personal accounts
Ousted South Korean president Park Geun-hye given 24yrs in jail over corruption
10 Jul, 2020
Former South Korean president jailed for 15 years for corruption
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Lee Myung-bak becomes fourth former leader to be convicted of bribery
The former South Korean president Lee Myung-bak has been sentenced to 15 years in prison, becoming the country’s fourth ex-leader convicted of corruption.
He was also fined 13bn won (£8.8m) after Seoul Central district court found him guilty of bribery and embezzlement.
Lee served as president from 2008-13 and his conviction follows the jailing in April of his successor, Park Geun-hye, dealing a serious blow to conservatives in South Korea. Park is serving a 33-year sentence for corruption and was forced from office amid large-scale protest