International Desk: The former Prime Minister of Malaysia Najib Razak has been acquitted of the case related to the embezzlement and money laundering of the state fund One MDB. Treasury Secretary General Irwan Seriger Abdullah was also acquitted in the same case.

The Kuala Lumpur High Court on Wednesday (Nov 27) acquitted them of the case.

Their lawyers said the Kuala Lumpur High Court made the ruling due to procedural delays and the prosecution's failure to disclose key documents.

Najib's lawyer Muhammad Farhan Muhammad Shafi said in a text message that the court complied with the law. The court gave this verdict because the charges against my client were not proved.

This state fund, called One Malaysia Development Berhad or One MDB, was formed in 2009. The then Prime Minister Najib Razak was instrumental in setting up the fund.

In 2018, Najib was charged as number one and Irwan Seriger Abdullah as number two in the country's lower court on charges of embezzlement and laundering of 6.6 billion ringgit ($1.48 billion). The court announced the judgment of the case in 2020.

Najib was sentenced to 12 years in prison and fined 21 crore ringgit (447 crore 72 lakh taka). Irwan was also given the same sentence.

Note that Najib Razak served as the Prime Minister of Malaysia from 2009 to 2018.