“Former Malaysia PM Najib Razak's US$12.3 million fine paid by UMNO, paving way for house arrest”
“The “solidarity fund” set up for former Malaysian Prime Minister Najib Razak had reached the target amount, UMNO said.”
Key points from Channel News Asia
- UMNO said it financed Najib Razak's RM50 million fine through the Solidarity Fund.
- Payment completed with Kuala Lumpur High Court, closing the fund account.
- Najib Razak may begin serving remainder of sentence under house arrest.
- Conditional royal pardon allows home confinement until Aug 23, 2028.
- Fundraising initially aimed to raise funds publicly, with diverse donations received.