Malaysia’s Najib closer to house arrest as Umno pays US$12.3 million fine

Malaysia’s Umno said on Friday it had settled the court payment needed to move disgraced former prime minister Najib Razak to house arrest, after a public fundraising campaign reached its target to cover his 50 million ringgit (US$12.3 million) fine. The penalty was a condition of a royal pardon granted in September allowing Najib to serve the remainder of his sentence in a corruption case linked to sovereign wealth fund 1Malaysia Development Berhad (1MDB) at home until August 2028, after more..

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