1MDB audit: Najib, ex-CEO acquitted of power abuse

Former prime minister Najib Abdul Razak and 1MDB’s former CEO Arul Kanda Kandasamy have been acquitted of abuse of power involving the audit of the sovereign wealth fund.

The Kuala Lumpur High Court this morning ruled that the prosecution failed to establish a prima facie (answerable) case against the duo.

Najib, also a former finance minister, was charged with...