Leaders | Impunity at bay

A brazen kleptocrat has gone to jail in Malaysia. He must stay there

Najib Razak’s comeuppance strengthens the rule of law, but could still be undone

Mandatory Credit: Photo by AHMAD LUQMAN ISMAIL/EPA-EFE/Shutterstock (13150157v)Malaysia's former prime minister Najib Razak (C) speaks to his supporters during a break in his final appeal trial outside the Federal Court in Putrajaya, Malaysia, 23 August 2022. The Malaysia highest court has scheduled hearings through 26 August 2022 to hear Najib's appeal of his convictions for criminal breach of trust, abuse of power and money laundering over the alleged theft of 4.4 billion Euro from 1Malaysia Development Berhad (1MDB), a state fund he co-founded as premier in 2009.Former Malaysian prime minister Najib Razak final appeal, Putrajaya, Malaysia - 23 Aug 2022

It was a case to make kleptocrats blush. Some $4.5bn of public funds were stolen—more than the entire annual revenue of almost half the world’s governments. Much of the money was squandered on high living: a superyacht, gambling sprees, a $23m diamond necklace. Some was even spent making a film about financial fraud, “The Wolf of Wall Street”, as if to taunt the investigators trying to track the stolen funds around the world.

This article appeared in the Leaders section of the print edition under the headline “Impunity at bay”

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