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Home/World/Asia/Najib Razak pays fine, meeting condition for house arrest
Najib Razak pays fine, meeting condition for house arrest
AsiaWorld

Najib Razak pays fine, meeting condition for house arrest

By Desk Report
6 November 2026 1 min read
0

Photo: Collected

Malaysia’s jailed former prime minister Najib Razak has met a condition required to serve the rest of his sentence under house arrest in line with the terms of a royal pardon. His political party said he paid the fine on Friday.

In a statement on Friday, the United Malays National Organisation (UMNO) said all procedures for paying the fine were completed at the Kuala Lumpur High Court that morning. The news agency AFP reported this.

The party added that a special fund set up to raise money from the public for Najib Razak has also been formally closed, so there is no longer any need to raise money from the public for this purpose.

The former Malaysian prime minister is serving a prison sentence in a corruption case. Paying the fine was one of the conditions for being allowed to serve the rest of his sentence under house arrest.

Background

According to a Malay Mail report of 18 September 2026, Malaysia’s King Sultan Ibrahim granted Najib a conditional pardon that day, allowing him to serve the rest of his sentence under house arrest until 23 August 2028, subject to payment of a fine of 5 crore ringgit.

By the numbers

According to a Business Today Malaysia report of 18 September 2026, a partial royal pardon in 2024 halved Najib’s 12-year prison sentence and reduced his fine from 21 crore ringgit to 5 crore ringgit.

Sources

Background sources: Malay Mail, 18 September 2026; Business Today Malaysia, 18 September 2026

Author

Desk Report

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    Stock Market

    Market Closed 6 November 2026, 8:32 PM
    Source: Dhaka Stock Exchange and Chittagong Stock Exchange

    Gold Price

    BAJUS 6 November 2026, 7:31 PM
    TypeMarket priceper VoriOld gold saleper Vori
    22 Karat৳2,26,923$1821.21৳1,88,346$1511.61
    21 Karat৳2,16,717$1739.30৳1,79,875$1443.62
    18 Karat৳1,86,099$1493.57৳1,54,462$1239.66
    Traditional৳1,52,040$1220.22৳1,26,193$1012.78
    TypeMarket priceper GramOld gold saleper Gram
    22 Karat৳19,455$156.14৳16,148$129.60
    21 Karat৳18,580$149.12৳15,421$123.76
    18 Karat৳15,955$128.05৳13,243$106.28
    Traditional৳13,035$104.61৳10,819$86.83
    TypeMarket priceper AnaOld gold saleper Ana
    22 Karat৳14,183$113.83৳11,772$94.48
    21 Karat৳13,545$108.71৳11,242$90.22
    18 Karat৳11,631$93.35৳9,654$77.48
    Traditional৳9,503$76.27৳7,887$63.30
    TypeMarket priceper RatiOld gold saleper Rati
    22 Karat৳2,364$18.97৳1,962$15.75
    21 Karat৳2,257$18.11৳1,873$15.03
    18 Karat৳1,939$15.56৳1,609$12.91
    Traditional৳1,584$12.71৳1,315$10.55

    Source: Bangladesh Jewellers Association (BAJUS), hallmarked gold. Old gold sale = market price less 17%. US$1 = ৳124.60.

    Exchange Rate

    Bangladesh Bank Effective: 5 November 2026
    1 US dollar
    ৳124.34 ▼
    Weighted average rate · Buying ৳124.32 · Selling ৳124.35
    CurrencyBuying (৳)Selling (৳)
    EUREuro139.57139.65 ▲
    GBPBritish pound167.47167.52 ▲
    AUDAustralian dollar87.0787.13 ▲
    JPYJapanese yen0.78450.7849 ▲
    CADCanadian dollar88.9388.97 ▲
    SEKSwedish krona12.7712.78 ▲
    SGDSingapore dollar97.1797.27 ▲
    CNHChinese yuan18.6218.63 ▼
    INRIndian rupee1.31431.3153 ▲
    LKRSri Lankan rupee2.67552.6770 ▲

    Source: Bangladesh Bank, interbank rates in taka. On weekends and holidays the last working day's rates are shown.

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