Palace of Justice rules that prosecution has successfully proven all seven charges of abuse of power, criminal breach of trust and money laundering against former Prime Minister Najib Razak.
Judge Karim Jalil rules that the bench upholds the trial judge's conviction, RM210 million fine and 12-year jail term against Najib. The bench dismisses Najib's appeal, added Judge Karim.
Lead defence counsel Shafee informs the Court of Appeal that they will be appealing against today's verdict to uphold Najib's conviction and sentence in the RM42 million SRC International case.
The lawyer is now applying for a stay of execution of the sentencing, pending appeal to the Federal Court.
Najib, whose term as prime minister ended with defeat at the 2018 elections, was found guilty of diverting an estimated 42 million ringgit ($9.88m) from SRC International, a division of 1MDB, into his personal bank accounts in July last year and sentenced to 12 years in prison.
More to come.