Najib claims trial to graft, money laundering charges involving RM2.3bil (updated)

  • Nation
  • Thursday, 20 Sep 2018

KUALA LUMPUR: Former prime minister Datuk Seri Najib Tun Razak was hit with another 25 charges over graft and money laundering involving RM2.3bil.

Earlier, Najib, 64, pleaded not guilty to four graft charges while in his position as a civil servant, that is the then prime minister, finance minister and chairman of the 1MDB advisory board before Sessions Court judge Azura Alwi on Thursday (Sept 20).

The offences allegedly occurred at the AmIslamic Bank Berhad branch on Jalan Raja Chulan here.

He is alleged to have over four occasions between Feb 24, 2011 and Dec 19, 2014 received RM60,626,839.43, RM90,899,927.28, RM2,081,476,926 and RM49,930,985.70 in bribes.

Najib also claimed trial to 21 charges under the Anti-Money Laundering Act and Anti-Terrorism Financing Act 2001 (Amlafta).

According to the first nine charges, he had between March 22 and April 10 received a total of RM2.08bil in monies from illegal actives transferred into his account from an account belonging to Tanore Finance Corporation with the Falcon Private Bank, in Singapore.

Five charges stated that he transferred back the monies from illegal activities – amounting to RM2.03bil – to an account belonging to Tanore Finance Corporation.

Two charges stated Najib transferred monies from illegal activities – amounting to RM162mil – to another AmIslamic Bank account belonging to himself.

The other charges stated that he used the money to make various payments including RM20mil to Umno, RM100,000 to Batu Kawan Umno in Penang, RM246,000 to an individual, Lim Soon Peng, RM2mil to ORB Solutions Sdn Bhd, and RM303,000 to Semarak Consortium Satu Sdn Bhd.

Previously Najib was charged with receiving RM42mil bribe as inducement to come to a decision on behalf of the Malaysian Government to provide a sovereign guarantee for a loan of RM4bil from the KWAP to SRC International Sdn Bhd.

He also faces three other charges of criminal breach of trust in his capacity as then prime minister, finance minister and adviser emeritus of SRC International, in which he was entrusted with RM4bil.

He is alleged to have misappropriated funds through various banks here on three occasions between Dec 24, 2014 and March 2, 2015, amounting to RM27mil, RM10mil and RM5mil.

He was later hit with another three counts of money laundering amounting to RM42mil under Section 4(1)(b) of the Act.

The High Court released Najib on bail of RM1mil with two sureties, and the additional condition that Najib surrender both his normal and diplomatic passports.

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