Najib Razak, Malaysia's former prime minister, gestures as he leaves the Kuala Lumpur Courts Complex in Malaysia, on Thursday, Sept. 20, 2018.
The board, chaired by Malaysia's king, did not give a reason for halving Najib's sentence.
It said if Najib failed to pay the fine given, an additional year would be imposed on his jail term.
Malaysia's king plays a largely ceremonial role but can pardon convicted people among discretionary powers granted by the federal constitution.
The pardons board, which advises the king, includes the attorney-general and government officials.
Persons:
Najib Razak, Anwar Ibrahim's, Anwar, Najib, Malaysia's, Jho Low, Al, Sultan Abdullah Ahmad Shah, Sultan Abdullah, Sultan Ibrahim Sultan Iskandar
Organizations:
United National Malays Organisation, 1Malaysia Development, Saudi
Locations:
Kuala Lumpur, Malaysia, Johor .