The Federal Court of Malaysia has dismissed the prosecution's appeal against former minister and Muar Member of Parliament Syed Saddiq Syed Abdul Rahman, upholding his full acquittal in a 2-1 majority ruling.
The decision, delivered on Monday, marks the final judicial word on the case, effectively ending the legal proceedings against the politician.
The split verdict underscores the contentious nature of the case, which has been closely watched by political observers and market participants monitoring domestic stability.
The ruling follows a period of procedural uncertainty, including a previous postponement of the hearing that Saddiq's legal team had characterized as irregular.
The court's decision to dismiss the appeal in favor of the lower court's acquittal provides a definitive resolution to the matter.
For investors, the conclusion of this high-profile legal case removes a lingering source of political uncertainty surrounding Saddiq, a prominent figure in Malaysian politics.