Kuala Lumpur, Feb 2 (UNI) Former Malaysian Prime Minister Najib Razak who is serving a 12-year sentence in a case related to SRC International, a former unit of state investment fund 1Malaysia Development Berhad (1MDB), has had his sentence reduced.
After considering opinions and advice, Najib will be released early on Aug. 23, 2028, the secretariat of the Federal Territories Pardons Board said in a statement on Friday.
The board also slashed the fine slapped on the former prime minister from 210 million ringgit (44.4 million U.S. dollars) to 50 million ringgit (10.6 million dollars).
Najib had been sentenced in July 2020 to 12 years of jail and a 210 million ringgit fine for abuse of power; 10 years of jail for each of the three criminal breach of trust; and 10 years of jail for each of the three money laundering. All jail sentences run concurrently.
Najib is also currently on trial for other alleged offenses, including abuse of power and money laundering.