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Tuesday, July 23, 2019

NAJIB TRIAL - Day 42: Najib's lawyers set to grill ex-AmBank officer on Jho Low



The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters its 42nd 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.

Former AmBank relationship manager Joanna Yu is expected to face a barrage of questions from the defence on the 42nd day of former premier Najib Abdul Razak's RM42 million SRC International trial.
This follows the 54th witness’ series of revelations during yesterday’s hearing.
Yu's testimony revealed the extent of fugitive businessperson Low Taek Jho’s role in the transfer of millions of ringgit into Najib’s AmBank accounts between 2014 and 2015. 
The witness said Low could even nudge Nik Faisal Ariff Kamil, then-SRC International CEO and the mandate holder of Najib's accounts, to attend to issues of overdrawing, among others.
She also testified how it was Low that first contacted her in 2011 over Najib's accounts with AmBank, and who had sought for then-managing director Cheah Tek Kuang to personally facilitate the opening of these accounts.
Previously, the defence zoomed in on the role of purported "rogue bankers" in the transfer of the RM42 million into Najib’s accounts, which form the subject matter of the accused’s seven charges of abuse of power, corruption and money laundering.
Proceedings before Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali are expected to start later than usual – around 10.30am – because Najib needs to attend to a Court of Appeal matter in Putrajaya. 
His team is withdrawing an appeal related to the allegedly defective charges in the SRC International case. - Mkini

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