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Tuesday, December 10, 2019

Day 62: Najib on witness stand, defence to begin examination-in-chief



The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters day 61 today at the High Court in Kuala Lumpur.
Malaysiakini brings you live reports of the proceedings.

Summary of Najib’s SRC RM42 million case

Najib is facing 7 charges relating to RM42m involving SRC International, a former 1MDB subsidiary.

All eyes today will be on the questions by the defence team to their client, Najib Abdul Razak, after he had completed reading out his 243-page prepared witness statement yesterday in the defence stage of his RM42 million SRC International trial.
As the 62nd day of hearing resumes before Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali this morning, the Muhammad Shafee Abdullah-led defence team is expected to conduct its examination-in-chief of the former prime minister.
The lawyers will ask Najib for further clarifications on points raised in the witness statement to strengthen the former finance minister’s defence and try to raise doubt in the prosecution’s case involving seven charges against him for abuse of power, criminal breach of trust and money laundering.
SRC International was a former subsidiary of troubled sovereign wealth fund 1MDB, before the company's ownership was transferred to the Minister of Finance Incorporated in 2012.
Najib spent three days of proceedings reading out from his witness statement, whereby yesterday alone saw the former SRC International advisor emeritus testified that his credit card spending at luxury stores in Hawaii and Italy were for his wife Rosmah Mansor and diplomacy, respectively.
Yesterday also saw Najib telling the court he did not know millions of ringgit of funds from SRC International entered his bank accounts and that it would be insane for him to endorse the transactions.
There were at least 46 instances in his witness statement where the former finance minister said he didn't know or had no knowledge in matters pertaining to the SRC International case.
[More to follow] - Mkini

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