World · Malaysia Bureau
Najib's son says RM50 million fine far exceeds frozen assets
Nizar Najib has acknowledged that even freezing all available assets would fall short of covering the RM50 million penalty imposed on his father. The family has received public donations totalling over RM36,000 as they seek alternative means to meet the substantial fine.
LSN Malaysia ·
Nizar Najib, son of former Prime Minister Najib Razak, said Friday that significantly more effort would be required to accumulate the full amount needed to settle the RM50 million fine handed down against his father. Speaking on the matter, Nizar noted that the current frozen assets would prove insufficient to cover the penalty in full. The family has begun exploring ways to bridge the substantial financial gap, with public donations to date totalling more than RM36,000. Nizar expressed gratitude to members of the public who have contributed to the fundraising effort. The acknowledgement underscores the magnitude of the financial burden facing the family as they work toward compliance with the court-imposed penalty.