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Malaysia Fines Ex-PM Najib $2.8 Billion for 1MDB, Adds Jail Time

Former Malaysian Prime Minister Najib Razak, already jailed for his role in the 1MDB scandal, faces another 15 years in prison and a fine of 11.4 billion ringgit ($2.8 billion) after being convicted of abuse of power and money laundering in connection with the failed state-run fund.

NSO Group Founder Sheds Spyware Stigma With New Cyber Startup

“Tell us about a time you almost got into major trouble.” That was the icebreaker at a dinner of Israeli venture capitalists and entrepreneurs at a conference in the city of Eilat last spring. The guests regaled one another with tales of drunken teenage escapades and close encounters with cops. When it was his turn, a man in a black T-shirt tugged at his beaded bracelets and flashed a mischievous grin before mentioning a line on his résumé most people in the room probably already knew. “I’m the founder of NSO,” Shalev Hulio said with a shrug, drawing nervous laughter.

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