World · Singapore Bureau
Malaysia's Najib prepares to pay fine via UMNO crowdfunding initiative
Former Prime Minister Najib Razak is reportedly moving to settle a 50 million ringgit fine through a solidarity fund launched by his party UMNO. The payment would allow him to serve his remaining sentence under house arrest instead of in prison.
LSN Singapore ·
Malaysia's opposition-aligned UMNO party has established a "Najib Razak Solidarity Fund" to crowdfund the 50 million ringgit fine, equivalent to approximately $15.7 million, according to reports. The move aims to enable the former premier to avoid completing his custodial sentence in a correctional facility.
Najib's legal team has reportedly indicated willingness to settle the substantial penalty, which would convert his remaining jail time into home confinement. The crowdfunding approach through the party structure represents an unusual method of addressing the financial obligation stemming from his legal cases.
The initiative underscores the continued political mobilization around Najib's legal situation within UMNO circles, despite his conviction and imprisonment. His case remains a focal point in Malaysian politics, reflecting broader divisions within the ruling coalition.
Details regarding the timeline for payment and the specific terms of the house arrest arrangement have not been fully clarified. The fine settlement would mark a significant development in one of Malaysia's most high-profile corruption cases.