The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters its 49th day today at the High Court in Kuala Lumpur.
Malaysiakini brings you live reports of the proceedings.
KEY HIGHLIGHTS
- Court erupts into laughter when Husni says Najib is 'always smiling'
- Husni says he was like an 'office boy' in SRC loan decision
- Najib told me not to interfere in 1MDB - Husni
- Husni says he was not allowed to check on SRC investments
- SRC loan from KWAP: I raised my concerns with Najib, says Husni
- Former minister Husni Hanadzlah to take the stand
- Najib referred to as Optimus Prime, says witness
- Witness could not confirm validity of BBM chat logs
- 'Najib never lodged complaint on massive transfers into accounts'
- Jho Low was in contact with Najib over banking operations - witness
- Witness took AmBank to Industrial Court over 2015 dismissal
- No suspicions raised over Najib's AmBank accounts, says witness
- Defence told to address legal issues before securing file as evidence
- AmBank ex-manager denies covering up for Jho Low
- Witness disagrees Jho Low kept Najib in the dark over transfers
- Counsels request tomorrow's hearing to start after lunch
Husni says he was like an 'office boy' in SRC loan decision
2.45pm - Former second finance minister Ahmad Husni Hanadzlah likened himself to an "office boy" in the decision to grant the government guarantee for the first RM2 billion loan to SRC International.
Husni says this during examination-in-chief by deputy public prosecutor Muhammad Izzat Fauzan.
"In regards to the first loan (guarantee) of RM2 billion, why was it not run by me? Why not?
"That is why I say that I was like a mere office boy when the decision was made," Husni says.
A government guarantee was issued for the first RM2 billion tranche of the loan from Retirement Fund Inc (Kwap) to SRC International in late 2014.
Najib told me not to interfere in 1MDB - Husni
2.35pm - Former second finance minister Ahmad Husni Hanadzlah testifies that he was told by then-prime minister Najib Abdul Razak not to interfere in 1MDB.
Husni says this in reference to the 1MDB-PetroSaudi International Ltd joint venture, which he only heard about in late 2009.
He says he then made his way to Najib's office in Putrajaya to raise concerns about the matter.
"I told him that we cannot invest in the Petro Saudi-1MDB (joint venture) as the company (1MDB) was still new at oil exploration. If no oil is found, the investment money would be finished.
"I said that 1MDB staff has no experience in the field of oil and gas, with me saying that Petronas has (experience in) oil and gas.
"Najib told me that 'From today onwards, I do not want you to interfere in 1MDB,'" he says.
Husni says he was not allowed to check on SRC investments
2.25pm - The court hears from former second finance minister Ahmad Husni Hanadzlah that Najib Abdul Razak did not approve his request to take Finance Ministry, Bank Negara and Retirement Fund Inc (KWAP) officers to Switzerland.
The trip was aimed at proving that SRC International funds frozen in the country belonged to KWAP.
Husni says his attempts to get documents related to SRC International investments in Java, Mongolia, Switzerland and Hong Kong were also unsuccessful, despite a request made by his officer.
"I learnt from Finance Ministry officers that a sum of RM4 billion, which is the total amount of loan from KWAP, was used in, among others, investment in the coal business in Java, investment in natural resources in Mongolia, and savings in banks in Switzerland and Hong Kong.
"At that time, I was not referred to and was not given documents regarding SRC International and the investments, despite having through my officer requested for them from SRC.
"I asked Mohd Isa Hussain, who was then the Investment Division secretary, to make a visit to Java to make sure the investment does exist there, but Isa did not go.
SRC loan from KWAP: I raised my concerns with Najib, says Husni
2.20pm - The court hears from former second finance minister Ahmad Husni Hanadzlah that he had raised his concerns over SRC International's application for a large loan from the Retirement Fund Inc (KWAP).
Husni says he then went to meet then-prime minister Najib Abdul Razak after a cabinet meeting, where ministers were briefed by then-minister in the Prime Minister's Department Nor Mohamad Yakcop (photo) about SRC International's RM2 billion application.
Husni did not specify whether the cabinet meeting was in 2011 or 2012, but it is believed this was in 2011 when SRC International first acquired its the first RM2 billion tranche of the loan from KWAP.
He says that he queried Najib, who was also finance minister at the time, on the huge sum to be loaned on government guarantee to the then 1MDB subsidiary.
Husni says he was informed by Najib that the company was needed to empower the country's electricity industry through government ownership of a company that invests in coal mining.
"I then told Najib that coal mining should be left to the private sector instead of involvement by a government-owned company.
"Najib then told me that only with government involvement that the electricity sector can be empowered through coal mining," he added.
Husni Hanadzlah takes the stand
2.12pm - As proceedings resume, 56th witness and former second finance minister Ahmad Husni Hanadzlah takes the stand for examination-in-chief by the prosecution.
Court breaks for lunch
12.30pm - Court breaks for lunch. Proceedings to resume at 2pm.
Former minister Husni Hanadzlah to take the stand
12.15pm - The prosecution requests for an early lunch break after deputy public prosecutor V Sithambaram finishes his re-examination of witness Joanna Yu.
Sithambaram tells the court that their next witness has gone to have lunch.
He suggests for the court to resume at 2pm instead of the usual 2.30pm due to the early lunch.
Sithambaram also tells the court that they will call former second finance minister Ahmad Husni Hanadzlah (photo) as their next witness as well as recall a previous witness.
Najib referred to as Optimus Prime, says witness
12.12pm - Low Taek Jho referred to then-prime minister Najib Abdul Razak as 'Optimus Prime'.
Former AmBank relationship manager Joanna Yu confirms this to deputy public prosecutor V Sithambaram during re-examination.
Sithambaram is referring to BlackBerry Messenger chat logs between her and the fugitive businessperson.
"I asked and was told it was the name of Optimus Prime, it meant (then) prime minister Najib," Yu says.
The whole crowd breaks into laughter when Sithambaram remarks that as far as he knows, Optimus Prime is the supreme leader in the Transformers cartoon.
Witness could not confirm validity of BBM chat logs
11.45am - Former AmBank customer relationship manager Joanna Yu cannot confirm with 100 percent certainty the accuracy of Blackberry Messenger chat logs, including with fugitive businessperson Low Taek Jho.
She admits this during re-examination by deputy public prosecutor V Sithambaram.
Sithambaram: Can you confirm 100 percent the correctness of all the chats?
Yu: No.
'Najib never lodged complaint on massive transfers into accounts'
11.24am - Witness Joanna Yu agrees with deputy public prosecutor V Sithambaram that Najib Abdul Razak never lodged any complaints with AmBank on the massive transfers into his accounts.
Sithambaram: These accounts involve large sums of money. Has there been any time any query from Najib on the conduct of the accounts?
Yu: No, there never were ever any queries or complaints made.
Sithambaram: When the accounts were closed, was there any lawsuit against the bank for wrongful utilisation of funds in the accounts?
Yu: None.
Jho Low was in contact with Najib over banking operations - witness
11am - Former AmBank customer relationship manager Joanna Yu believes that 1MDB-linked businessperson Low Taek Jho was in contact with former prime minister Najib Abdul Razak on the latter's bank accounts operations.
Yu says that Najib should know the amounts transacted in his accounts as he kept issuing cheques.
She adds that to the best of her knowledge, there were no complaints that the cheques from Najib's accounts were not issued by him.
There were also no queries from Najib on the source of funds in the accounts as he kept issuing cheques, the witness says.
Witness took AmBank to Industrial Court over 2015 dismissal
10.40am - Former AmBank customer relationship manager Joanna Yu hauled her former employer to the Industrial Court over her dismissal in 2015.
She reveals this when deputy public prosecutor V Sithambaram (photo) questions her during re-examination.
Sithambaram: When AmBank asked you to leave, did you take the bank to the Industrial Court?
Yu: I filed a complaint with the Industrial Court.
Sithambaram: The case was called up there?
Yu: There was a case mention.
Sithambaram: Before the matter came up, there was a confidential agreement with no admission of liability between you and the bank, and this was recorded in (Industrial) Court?
Yu: Yes.
No suspicions raised over Najib's AmBank accounts, says witness
10.38am - Former AmBank relationship manager Joanna Yu testifies that she was not suspicious about the way Najib Abdul Razak's accounts were operated.
Under cross-examination by lead defence counsel Muhammad Shafee Abdullah, she says that she was also not suspicious about where the funds remitted into Najib's accounts came from.
She tells the court that although large amounts of funds were credited into these accounts, AmBank's Remittance Department informed her that all of the transactions had gone through the reporting system required by Bank Negara.
Yu also admits that to the best of her knowledge as liaison for the accounts, the only time the accounts were flagged by Bank Negara was when they were overdrawn, which resulted in AmBank wanting to close the accounts.
The defence then finishes their cross-examination of Yu.
Deputy public prosecutor V Sithambaram then starts re-examining the witness.
10.20am - Proceedings resume.
Defence told to address legal issues before securing file as evidence
9.40am - Telling the court that he is reaching the end of his cross-examination of witness Joanna Yu, lawyer Harvinderjit Singh (photo) then requests for a financial document to be marked as evidence.
It is learned that the document is a financial statement from Putra Perdana Bhd, which the defence used in their questioning of Yu yesterday regarding the 'reversal' of fund transfers from two of Najib Abdul Razak's accounts in 2014.
The prosecution objects to the request, citing issues regarding fulfilment of clauses under the Evidence Act 1950.
Justice Mohd Nazlan Mohd Ghazali tells the defence to address the legal issues first before securing permission to tender the documents as evidence.
The court then takes a short break following requests by both the defence and prosecution to go through some documents and prepare for re-examination respectively.
AmBank ex-manager denies covering up for Jho Low
9.32am - Former AmBank customer relationship manager Joanna Yu (photo) denies covering up for fugitive financier Low Taek Jho.
She also rejects lawyer Harvinderjit Singh's claim that she was contacted by the wanted businessperson over the last few days.
Harvinderjit: You are trying to cover up for Low?
Yu: No.
Harvinderjit: You have been in communication with him over the past few days?
Yu: No.
Witness disagrees Jho Low kept Najib in the dark over transfers
9.18am - Former AmBank customer relationship manager Joanna Yu disagrees that Low Taek Jho (photo) had kept Najib Abdul Razak in the dark over fund transfers to and from his bank accounts.
She tells lawyer Harvinderjit Singh this when he cross-examines her over the fugitive businessperson's various actions related to Najib's AmBank accounts between 2011 and 2015.
Harvinderjit: The various actions of Low were all designed to ensure Najib was never told of the accurate balance in the accounts?
Yu: I disagree, but I do not know.
Harvinderjit: Low's actions in regard to the accounts were designed to make Najib believe that there were sufficient funds in the accounts to issue checks?
Yu: There may have been discussions, but I do not know (for sure).
Counsels request tomorrow's hearing to start after lunch
9.11am - The hearing starts with defence counsel Harvinderjit Singh telling the court that the accused, Najib Abdul Razak, has to appear before the Court of Appeal in Putrajaya tomorrow morning.
This is in relation to the former premier's bid to recuse Gopal Sri Ram from leading the prosecution in the 1MDB trial.
This is supported by Attorney-General Tommy Thomas, who tells the court that it would be convenient if the proceedings tomorrow began at 2pm.
Harvinderjit then proceeds with his cross-examination of former AmBank customer relationship manager Joanna Yu.
9.09am - Former prime minister Najib Abdul Razak enters the dock as proceedings begin.
9.01am - Najib (photo) enters the court and takes a seat in the front row of the public gallery.
Also seen in court awaiting the beginning of proceedings are Attorney-General Tommy Thomas and deputy public prosecutors, as well as the accused's lawyer Harvinderjit Singh and other members of the defence team.
A sense of urgency may inform the 49th day of Najib Abdul Razak’s RM42 million SRC International trial, following the Court of Appeal throwing out an appeal to postpone the RM2.28 billion 1MDB hearing yesterday.
Prosecutors and defence lawyers now have only eight days to wrap up the SRC International trial before Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali.
The 1MDB hearing before a separate high court will begin on Aug 19.
Even though lead defence counsel Muhammad Shafee Abdullah announced yesterday that the appeal will be taken to the Federal Court, all eyes will remain on the pace of the testimony of former AmBank customer relationship manager Joanna Yu, who has been in the stand since July 22.
With defence counsel Harvinderjit Singh informing Nazlan yesterday that he has around an hour's worth of questions for Yu, it is possible that the prosecution may yet have the opportunity to re-examine the 54th witness today.
- Mkini
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