Former Malaysia PM Najib sentenced to 15 more years in landmark corruption case

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00:00A hefty boost of jail time for former Malaysian Prime Minister Najib Razak

00:04as a court finds him guilty of abuse of power and money laundering,

00:08finding him the equivalent of $3.3 billion as well.

00:12While we are disappointed, we are more agitated, not in a bad way,

00:20but agitated to do better in the appeal because by Monday we will file the appeal.

00:26With the greatest respect to the judge, we think that he has made so many blunders in this judgment.

00:34Najib was already serving a six-year sentence for a conviction in a related case

00:39over the now-defunct One Malaysia Development Bahad, or 1MDB,

00:43a state investment fund whose creation he oversaw in 2009

00:47and from which billions were embezzled over the next few years.

00:51The corruption scandal led to Najib's downfall in 2018

00:55as an investigation turned up evidence that over $4.5 billion had been stolen from 1MDB,

01:01with a billion allegedly finding its way into accounts linked to the then Malaysian leader.

01:07Funds were traced back to high-end real estate, a luxury superyacht and private jet,

01:12classical artwork and even a Hollywood movie production.

01:16Najib always maintained he'd been misled over where the funding came from,

01:21insisting a now-on-the-run financier who helped set up 1MDB

01:25told him it was a matter of donations from the Saudi royal family.

01:29For a judge, that simply wasn't believable,

01:32and Najib has now been found guilty on four counts of abuse of power

01:36and 21 charges of money laundering,

01:38which come with 15 years and five years for each count respectively.

01:43While he's to appeal, Najib will serve each sentence consecutively.

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