KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
Malaysian ex-PM sentenced to 12 years in jail
KUALA LUMPUR: A court in Malaysia has sentenced former PM Najib Razak to twelve years in jail after finding him guilty on all seven counts in the first of several multi-million dollar corruption trials.
Judge Mohamad Nazlan Mohamad Ghazali told the Kuala Lumpur High Court that after considering all evidence in this trial, I find the prosecution has successfully proven its case beyond a reasonable doubt.
Najib had pleaded not guilty to the charges of criminal breach of trust, money laundering and abuse of power.
The case against him is seen as a test of Malaysia's anti-corruption efforts.
Meanwhile, in a statement, a head of the hearing, Najib said he would fight on until the end, vowing to appeal against any guilty verdicts against him.
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