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Monday, February 10, 2020

Day 77: Former Saudi ambassador may be next witness



The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters day 77 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.

Najib enters the High Court
9am - Former prime minister Najib Abdul Razak enters the Kuala Lumpur High Court and takes a seat at the front row of the public gallery.
Also in court awaiting proceedings to begin is Attorney-General Tommy Thomas, DPP V Sithambaram and other DPPs, as well as members of Najib's defence team.

A former ambassador of Malaysia to Saudi Arabia may be set to testify on the 77th day of Najib Abdul Razak’s RM42 million SRC International trial today.
The former dignitary is understood to be the potential fourth witness in the defence stage of former prime minister Najib’s hearing of seven counts of abuse of power, criminal breach of trust and money laundering involving RM42 million from SRC.
At the end of previous proceedings on Wednesday last week, the accused’s defence counsel Harvinderjit Singh informed the Kuala Lumpur High Court that they would be interviewing the fourth witness to prepare for today’s trial.
During Wednesday’s proceedings, the court among others heard from the third witness, former Treasury secretary-general Mohd Irwan Serigar Abdullah, that it usually takes over a month for the process to apply for a government guarantee for loans.
During the prosecution stage of the trial last year, prosecution witness Maliami Hamad, who was a former senior finance ministry officer, testified that orders came from then finance minister Najib through intermediaries to rush the processing of SRC's application for a government guarantee for the billions of ringgit in loans from Retirement Fund Inc (KWAP) to SRC.
The cabinet approved a government guarantee for a RM2 billion loan from KWAP to SRC in late 2011 and a second government guarantee for another RM2 billion loan from the pensioners' fund to the company in early 2012.
Formerly under troubled sovereign wealth fund 1MDB, SRC later came under the full ownership of the Minister of Finance Incorporated (MoF Inc) in early 2012.
This morning’s proceedings before Justice Mohd Nazlan Mohd Ghazali is expected to resume around 9am. - Mkini

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