Koon Yew Yin's Blog

Malaysia ex-PM Najib to serve 12-year jail sentence - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 23 Aug 2022, 06:48 PM
Koon Yew Yin
0 1,415
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin
Following Message

Malaysia is one of the most corrupted nations in the world. One of the most notorious culprits is our Ex-Prime Minister Najib Razak who is going to jail for 12 years.

 
PUTRAJAYA - Malaysia's former premier Najib Razak on Tuesday (Aug 23) failed in his final appeal against a graft conviction, which is set to see him serve 12 years in jail for misappropriating millions of 1Malaysia Development Berhad (1MDB) funds.

 

Malaysia's highest court, the Federal Court, on Tuesday upheld Najib's conviction on seven counts of abuse of power, money laundering and criminal breach of trust.

 
He was first found guilty at the High Court in July 2020, before the verdict was upheld by a three-member Court of Appeal bench last year.

 
Najib, 69, was also fined RM210 million (S$65 million) by the High Court.

 
The Court of Appeal and the Federal Court upheld the sentence.

The five-member bench led by Chief Justice Tengku Maimun Tuan Mat ruled against Najib after a week in which his defence team - which saw a revolving door of lawyers - refused to make any written or oral submissions in defence of their client.

 
Earlier on Tuesday, Najib failed in a last minute bid to recuse the Chief Justice from chairing the panel hearing the appeal, citing a Facebook post made by her husband Zamani Ibrahim in 2018, in which he criticised Najib's leadership.


More articles on Koon Yew Yin's Blog
Sendai is still up trend - Koon Yew Yin

Created by Koon Yew Yin | Apr 30, 2024

As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.

Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai price trend reversal - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Sendai price chart below is showing its price trend reversal. It is hitting a record high.

How can KSL double its profit? - Koon Yew Yin

Created by Koon Yew Yin | Apr 18, 2024

After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.

Why Sabah will leave Malaysia - Koon Yew Yin

Created by Koon Yew Yin | Mar 29, 2024

Currently Sabah Government does not know that solar panel produces the cheapest electricity???

Malaysia can be one of the richest nations in the world - Koon Yew Yin

Created by Koon Yew Yin | Mar 23, 2024

During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

All property developers have just announced their annual profit for 2023. All of them reported increased profit.

My contribution as an Engineer - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.

What can KSL can do to benefit shareholder? - Koon Yew Yin

Created by Koon Yew Yin | Mar 01, 2024

What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...

All Investors require Anticipation - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.

Discussions
2 people like this. Showing 4 of 4 comments

chinaman

Still got millions big fish uncaught...

2022-08-24 10:08

Callmejholow

some also say that people who scam their followers into buying/selling shares and losing a lot of money should be caught too

2022-08-24 13:39

Tobby

So far Grandpa Koon still walking freely in i3! After scamming so many innocent retail investors!

2022-08-24 15:28

BILLC

Kon you win won’t get his name for nothing,,,

Remember you all have to kita jaga kita,,,,wakakaka,,

2022-08-24 16:26

Post a Comment