Najib reportedly prepares to pay RM50mil fine for house arrest


KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak is expected to pay the RM50mil fine imposed on him, which would allow him to serve the remainder of his prison time under house arrest.

Unnamed sources have said that the payment would be made by representatives of the former Pekan MP.

When met by reporters at the court complex, one of Najib's lawyers Muhammad Farhan Muhammad Shafee however said that the defence has no instructions on the matter thus far.

"I am unsure of the current status. I haven't received any instructions with regards to the fine," he said.

Najib was sentenced by the High Court in July 2020 to 12 years’ jail and fined RM210mil after being convicted on seven charges involving RM42mil in SRC International funds.

ALSO READ: House Arrest: Najib yet to pay RM50mil fine, no payment deadline set, says AG

The conviction and sentence were upheld by the Court of Appeal in December 2021 and the Federal Court in August 2022.

At its 61st meeting on Jan 29, 2024, the Pardons Board reduced Najib’s prison term from 12 years to six and his fine from RM210mil to RM50mil.

On Sept 18, it was reported that Yang di-Pertuan Agong Sultan Ibrahim had granted Najib a conditional pardon allowing him to serve the remainder of his prison sentence under house arrest until Aug 23, 2028.

The order, however, was conditional upon Najib paying the RM50mil fine.

Shortly after, UMNO launched the "Najib Razak Solidarity Fund" to crowdfund the RM50mil amount as Najib's personal and family assets remain frozen.

On Sept 25, his lawyer Tan Sri Muhammad Shafee Abdullah told the press that Najib did not have the RM50mil to secure his house arrest.

 

 

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