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Wednesday, March 4, 2020

Day 87: Najib's SRC trial reaching final stages

Malaysiakini

DAY 87 | The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters day 87 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.

The 87th day of Najib Abdul Razak's RM42 million SRC International trial inches closer to completion, with the coming Monday targeted for the defence to wrap up its case.
Yesterday, before the Kuala Lumpur High Court, lead defence counsel Muhammad Shafee Abdullah indicated that the defence has a good prospect of completing all defence witnesses testifying in proceedings on Monday.
As Shafee has to attend to a separate matter at the Court of Appeal in Putrajaya this morning, the RM42 million SRC trial before Justice Mohd Nazlan Mohd Ghazali is set to resume around 2.30pm instead of the usual 9am.
Today's SRC trial is expected to see former MIC legal advisor Selva Mookiah take the witness stand.
He was alleged to have accompanied a MACC investigative team to Riyadh, Saudi Arabia in late November 2015 as part of an investigation into the RM2.6 billion donation issue involving then prime minister Najib Abdul Razak.
Yesterday, the defence team also tendered three MACC statements, one by 1MDB-linked businessperson Jho Low claiming that he did not control Najib's bank accounts and had no authority to decide in troubled sovereign wealth fund 1MDB and its former subsidiary SRC International.
Another MACC statement by Tan Kim Loong, who is the purported beneficiary owner of several companies that sent millions of ringgit to Najib, has him (Tan) claiming that he did not know who received the money.
[More to follow] - Mkini

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