NAJIB TRIAL | The balance for one of Najib Abdul Razak's several bank accounts with AmIslamic Bank peaked at RM1.9 billion in 2013, the Kuala Lumpur High Court heard today.
This was confirmed by witness R Uma Devi, the bank's Jalan Raja Chulan branch manager while under cross-examination by Najib's counsel, Harvinderjit Singh.
Prior to this, Harvinderjit had walked Uma Devi through several transactions including the procedures required in reporting large transactions to Bank Negara Malaysia (BNM).
It was revealed that the balance of the said bank account had amounted to RM756 million in 2012.
Uma (above) also testified that approximately RM304 million was deposited into the account in 2011 by the Saudi finance ministry.
Harvinderjit: My question is, are these transactions from an account named Ministry of Finance, Riyadh?
Uma Devi: Yes.
Harvinderjit: I don't think any account can have that amount of transactions without compliance from BNM looking?
Uma Devi: Yes.
Harvinderjit: (Your) reporting (obligation is) regardless of the identity of the holder?
Uma Devi: Yes.
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