Najib's SRC trial: RM4bil credited into SRC's bank account, RM85mil tranferred out

  • Nation
  • Wednesday, 24 Apr 2019

KUALA LUMPUR: A total of RM85mil was transferred out of SRC International Sdn Bhd's bank account from July 2014 and February 2015.

AmBank branch manager R. Uma Devi confirmed that the fund transfers were made after receiving a letter from the company that was signed by its then-managing director Nik Faisal Ariff Kamil and director Datuk Suboh Md Yassin.

Testifying before High Court judge Justice Mohd Nazlan Mohd Ghazali, Uma Devi said RM35mil was transferred out on July 8, 2014; RM40mil on Dec 24, 2014; and another two RM5mil transfers on Feb 2, 2015 and Feb 6, 2015 from SRC's AmBank current account bearing the number 2112022010650.

It has yet to be revealed where the funds were transferred to.

SRC was a former subsidiary of the scandal-riddled 1Malaysia Development Bhd (1MDB).

Najib is facing seven corruption charges involving RM42mil belonging to SRC International Sdn Bhd.

On July 4 last year, he claimed trial to a charge of abuse of power and three counts of criminal breach of trust (CBT) linked to the 1MDB scandal.

He allegedly misappropriated RM42mil in funds belonging to SRC International.

On Aug 8 last year, he appeared in court again and was charged with three counts of money laundering involving the same RM42mil.

Uma Devi also testified that RM4bil was credited into SRC's current account 2112022009736 between August 2011 and March 2012.

RM2bil was credited into the account on Aug 29, 2011 in four tranches of RM500mil each while another RM2bil was credited on March 28, 2012.

The transactions were part of Uma Devi's testimony that she read from a statement.

It is understood that the statement had not been read out fully when court adjourned for lunch.

The trial before Justice Mohd Nazlan will continue after the break.

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