<p>Malaysia's Federal Court on Tuesday upheld former prime minister Najib Razak's guilty conviction and a 12-year jail sentence on charges related to a multi-billion dollar corruption scandal at state fund 1Malaysia Development Berhad (1MDB).</p>.<p>Knocking back Najib's final appeal, the country's top court also denied his request for a stay of sentence.</p>.<p>Najib, 69, was found guilty in July 2020 of criminal breach of trust, abuse of power, and money laundering for illegally receiving about $10 million from SRC International, a former unit of 1MDB.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/international/malaysian-court-upholds-ex-premier-najibs-graft-conviction-1058715.html" target="_blank">Malaysian court upholds ex-premier Najib's graft conviction</a></strong></p>.<p>The former premier, who pleaded not guilty, was sentenced to 12 years' jail and a 210 million ringgit ($46.84 million) fine.</p>.<p>Prosecutors have said some $4.5 billion was stolen from 1MDB - co-founded by Najib during his first year as prime minister in 2009. Investigators say they had traced more than $1 billion of 1MDB money to accounts linked to Najib.</p>.<p>The wide-ranging scandal has implicated officials and financial institutions around the world, and prompted the US Department of Justice to open what became its biggest kleptocracy investigation.</p>.<p>Najib, who faces several trials over the allegations, has consistently denied wrongdoing.</p>
<p>Malaysia's Federal Court on Tuesday upheld former prime minister Najib Razak's guilty conviction and a 12-year jail sentence on charges related to a multi-billion dollar corruption scandal at state fund 1Malaysia Development Berhad (1MDB).</p>.<p>Knocking back Najib's final appeal, the country's top court also denied his request for a stay of sentence.</p>.<p>Najib, 69, was found guilty in July 2020 of criminal breach of trust, abuse of power, and money laundering for illegally receiving about $10 million from SRC International, a former unit of 1MDB.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/international/malaysian-court-upholds-ex-premier-najibs-graft-conviction-1058715.html" target="_blank">Malaysian court upholds ex-premier Najib's graft conviction</a></strong></p>.<p>The former premier, who pleaded not guilty, was sentenced to 12 years' jail and a 210 million ringgit ($46.84 million) fine.</p>.<p>Prosecutors have said some $4.5 billion was stolen from 1MDB - co-founded by Najib during his first year as prime minister in 2009. Investigators say they had traced more than $1 billion of 1MDB money to accounts linked to Najib.</p>.<p>The wide-ranging scandal has implicated officials and financial institutions around the world, and prompted the US Department of Justice to open what became its biggest kleptocracy investigation.</p>.<p>Najib, who faces several trials over the allegations, has consistently denied wrongdoing.</p>