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Tuesday, May 14, 2019

NAJIB TRIAL - Day 17: Dates for Najib and Irwan Serigar's CBT trial fixed



The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters its 15th day 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.

KEY HIGHLIGHTS
  • Dates for Najib and Irwan Serigar's CBT trial fixed
  • Shafee's case mention ends, trial awaits judge
  • Delay due to Shafee mention

Dates for Najib and Irwan Serigar's CBT trial fixed
10.40am - Judge Mohd Nazlan Mohd Ghazali fixes Jan 6 next year for the first day of Najib Abdul Razak and former Treasury secretary-general Mohd Irwan Serigar Abdullah's (below) criminal breach of trust trial involving RM6.64 billion.
He sets the dates during mention of the case before him today.
The other dates set are Jan 7-9, 20-23, 27-30, then Feb 3-6, 10-13,17-20, 24-27, and March 2-5, 9-12, to April 6-9, 13-16, 20-23, 27-30.
Irwan is not present as he is allowed to be exempted from today's proceedings.
After this proceeding, Najib's SRC International trial begins.

Shafee's case mention ends, trial awaits judge
10.30am - Accused Najib Abdul Razak and his lead counsel Muhammad Shafee Abdullah enter the court again.
Shafee has just wrapped up his separate money laundering case mention before Kuala Lumpur High Court judge Collin Lawrence Sequerah.
Shafee and other members of the defence team are seen preparing at the front of the court for the proceedings to commence.
Attorney-General Tommy Thomas is also seen in court with other members of the prosecution.
However, it is understood that judge Mohd Nazlan Mohd Ghazali will first attend to a separate unrelated case mention, before proceeding with Najib's SRC International trial.
The former premier enters the dock to await proceedings.

Najib steps out of court
10.04am - Proceedings for the day have yet to start so accused Najib Abdul Razak steps out of court.
Najib's lead defence lawyer Muhammad Shafee Abdullah is not seen in court as he is still attending to his separate money laundering case at another High Court.

Delay due to Shafee mention
9.02am - Clad in a black suit and blue tie, accused Najib Abdul Razak enters court and takes a seat at the front row of the public gallery.
However, his lead counsel Muhammad Shafee Abdullah (above) is first attending mention of his (Shafee) money laundering case before another Kuala Lumpur High Court.
Once the case mention is done before judge Collin Lawrence Sequerah, Shafee will proceed to the SRC International trial.

All eyes will be on the line of questioning that Najib Abdul Razak’s defence team has prepared for the cross-examination of Azlida Mazni Arshad in the former prime minister’s SRC International trial at the Kuala Lumpur High Court at 9am this morning.
This is due to Azlida's testimony during the prosecution’s examination-in-chief on Thursday last week.
She is the 35th witness and Retirement Fund Incorporated (KWAP) vice-president of legal and secretarial affairs.
Azlida (below) testified as to how the then premier Najib had urged the retirement fund for public servants to expedite the approval of a RM2 billion loan to SRC International.
Azlida had told the hearing before judge Mohd Nazlan Mohd Ghazali that the accused made the request through then KWAP chairperson Wan Abdul Aziz Wan Abdullah.
She said this was followed by KWAP's then CEO Azian Mohd Noh briefing the fund's special investment panel in a July 19, 2011 meeting. The witness had minuted the meeting.
In 2011, Najib was then also finance minister and chairpersonn of 1Malaysia Development Bhd’s board of advisors. 
SRC International was then a subsidiary of 1MDB, but later in Feb 2012 the former (SRC International) had its ownership transferred from 1MDB to Minister of Finance Incorporated (MOF Inc).
Past testimonies pointed to SRC International receiving a total RM4 billion in loans from KWAP in two main tranches - first RM2 billion in Aug 2011 and the second RM2 billion in March 2012.
The witness had also given oral evidence on how, during the same July 19, 2011 meeting, the special investment panel agreed that RM2 billion loan was too high due to concern on SRC International’s RM2 paid-up capital, and had initially only agreed to grant an RM1 billion loan.
-Mkini

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