Former Malaysian leader sentenced to 15 years over multibillion-dollar 1MDB scandal

Wall Street Journal: On Friday the court rejected a key contention of the defense—that the money Najib handled was sent from Saudi Arabia’s royal family, not from the sovereign-wealth fund. The presiding judge called the argument “a tale that surpasses those of the Arabian Nights, lacking credibility,” according to Bernama, Malaysia’s state media outlet, which said the charges involved some $570 million of misappropriated assets…