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Wednesday, April 7, 2021

Only Jho Low can answer why SRC funds sent to Najib's account, court hears


Only Low Taek Jho could answer why millions flowed from SRC International funds into former prime minister Najib Abdul Razak's account, said Najib's legal team to the Court of Appeal.

This was told during the appeal hearing to quash Najib's conviction and sentencing over his RM42 million SRC corruption case.

The three-person panel's chairperson, Abdul Karim Abdul Jalil, had asked defence lawyer Harvinderjit Singh about why Low (above), also known as Jho Low, would put RM27 million of SRC's money into Najib's account.

Karim: Why would Jho Low put money in Najib's account?

Harvinderjit: Only Jho Low can answer.

Earlier during proceedings today, Harvinderjit submitted that Low was involved in the convoluted monetary trail involving the accounts of SRC, Gandingan Mentari Sdn Bhd (GMSB), Ihsan Perdana Sdn Bhd (IPSB) and Najib.

The lawyer contended that Low and several others were involved in the monetary transfers involving Najib's account and that the former premier had no knowledge about it.

On July 28 last year, the High Court in Kuala Lumpur convicted Najib on one count of abuse of power, three counts of criminal breach of trust (CBT), and three counts of money laundering in relation to RM42 million of funds from SRC.

The RM42 million, in three tranches of RM27 million, RM5 million, and RM10 million, were alleged to have been transferred from SRC and went through a convoluted trail to end up in Najib's bank account.

[More to follow] - Mkini

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