Malaysia’s former PM Ismail Sabri charged with concealing assets
Summary
Former Malaysian Prime Minister Ismail Sabri Yaakob has been charged with hiding about $40 million in assets from the country’s anti-corruption agency. He pleaded not guilty and faces up to five years in prison if convicted.Key Facts
- Ismail Sabri was Malaysia’s prime minister from August 2021 to November 2022.
- He is accused of not fully declaring assets worth about $40 million, including money in nine currencies and gold and silver bars.
- The charge alleges he did not comply with a notice to declare certain assets.
- The court set bail at 300,000 ringgit (about $74,500) and allowed him to keep his passport.
- Ismail Sabri is the third Malaysian former prime minister to face criminal charges related to corruption.
- Najib Razak, another former PM, is serving a prison term related to the 1MDB financial scandal.
- Muhyiddin Yassin, also a former PM, is currently on trial for corruption and money laundering.
- Ismail Sabri’s next court date is set for September 29.
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