He also has to pay a RM210 million fine.
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Former prime minister Datuk Seri Najib Abdul Razak has been sentenced to a jail term of 12 years by High Court judge Justice Mohd Nazlan Mohd Ghazali in the SRC International trial.
In meting out the sentence, The Edge reports Mohd Nazlan saying that he had taken into consideration mitigating factors from all sides, including Najib’s speech asserting his innocence.
Earlier today, Najib was found guilty on all seven charges involving RM42 million misappropriated from SRC International, which includes one count on abuse of power, three counts of criminal breach of trust (CBT) and three counts of money laundering.
For the abuse of power sentencing under Section 23 of MACC act, the jail term is 12 years and the fine 5 times the value of gratification.
For the three CBT charges, Mohd Nazlan sentenced Najib 10 years jail for each charge.
For the money laundering charge under AMLATFPUAA, the jail term is 10 years for each charge with no fine.
All the sentences are to be served concurrently.
If Najib is unable to pay the RM210 million fine, he will be subject to additional 5 years of jail time.
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