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Monday, August 5, 2019

NAJIB TRIAL - Day 48: Trial to begin later due to bid to postpone 1MDB hearing


The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters its 47th 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.

The 48th day of Najib Abdul Razak's RM42 million SRC International trial will begin later today at 2pm rather than the customary 9am.
Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali set this schedule in order to allow the prosecution and the former prime minister's defence team to attend a crucial Court of Appeal hearing regarding their appeal to postpone another trial involving Najib.
The trial concerns the alleged misappropriation of RM2.28 billion from state fund 1MDB, and is set to be heard before Kuala Lumpur High Court judge Collin Lawrence Sequerah on Aug 19. 
With only two weeks left before Najib's 1MDB hearing begins, parties had been worried about the risk of the ongoing SRC trial clashing with the 1MDB hearing.
54th prosecution witness and former AmBank relationship manager Joanna Yu is set to take the stand again this afternoon for cross-examination, and further witnesses may be called.
As such, there had been concern over whether the prosecution stage of the SRC trial will be completed by Aug 19.
However, it was reported earlier today that the Court of Appeal had rejected the prosecution and defence's bid to postpone the 1MDB trial.  - Mkini

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