Putrajaya files forfeiture suit against Najib, Rosmah over items bought with stolen 1MDB funds
This is in relation to jewellery, cash, handbags and luxury vehicles said to have been bought using 1MDB funds.
This is in relation to jewellery, cash, handbags and luxury vehicles said to have been bought using 1MDB funds.
The 29th and 30th prosecution witness namely former KWAP assistant vice president Amirul Imran Ahmat, and Affin Bank's branch manager Norhayati Mohd Yunus are expected to be cross examined today.
The approved loan was to be used for general investment "without limitations".
The hearing enters its 13th day today, and it is expected that the testimony of former KWAP assistant vice-president for Fixed Income Department Amirul Imran Ahmad over the remaining RM2 billion loan out of the total RM4 billion that KWAP gave to SRC International will be heard.
This followed a letter declaring the government was providing a guarantee for the loan — ex-KWAP official
Testifying before the court for the SRC International Sdn Bhd hearing today, the trial's 27th prosecution witness deputy accountant at the Prime Minister's Department, Putrajaya, Zarina Yusuf said Najib's last drawn salary in May 2018 was RM1,017,014.39.
This is the second time Justice Sequerah vacated fixed hearing date to make way for the hearing of Najib's SRC International Sdn Bhd case.
Najib will appear at the court of High Court judge Justice Collin Lawrence Sequerah as the prosecution has submitted a motion to be heard first today.
An amount totalling US$681 million was allegedly deposited into Najib's accounts.
Justice Nazlan said the three criminal breach of trust (CBT) charges faced by Najib are not defective as an offence of money laundering and CBT charge is found to be valid following a Court of Appeal decision where in a similar case, the accused is charged with money laundering and CBT. There is no ambiguity on the positions of Najib being prime minister, finance minister and advisor emeritus of SRC, he added.