‘RM3.3mil spent in a day’

  • Nation
  • Tuesday, 16 Jul 2019

KUALA LUMPUR: Two credit cards belonging to Datuk Seri Najib Razak were used to spend RM3.3mil in one day at De Grisogono, a Swiss luxury jeweller, in Italy in 2014, the High Court heard.

This was revealed by senior vice-president of Ambank in charge of credit card authorisation and fraud management Yeoh Eng Leong on the 37th day of the former premier’s trial in relation to the misappropriation of RM42mil of SRC International Sdn Bhd’s funds.

The 47th prosecution witness said RM456,360.51 was spent using a Visa platinum credit card and RM2,864,309.54 using a Master platinum credit card.

The witness said that the shopping spree took place on Aug 8, 2014.

Yeoh, 58, said this during examination-in-chief by deputy public prosecutor Budiman Lufti Moha­med.

Budiman Lutfi: How much is the limitation of both cards?

Yeoh: The combined limit was RM3mil.

Budiman Lutfi: Any payment made for the amount?

Yeoh: Yes. For the Visa card, RM449,586.95 was made while for the Master card RM2,833,147.21.

The witness also said that in early January 2015, another RM466,330.11 was spent in Chanel, an exclusive boutique in Honolulu, the United States, using the cards.

He said that the cards were

also used to pay an amount of RM127,017.46 at Shangri-La Hotel in Bangkok, the Thai capital.

When cross-examined by Najib’s lawyer Harvinderjit Singh, the witness agreed that according to the credit card statement dated April 2015, the last payment was made by a person named Nik Faisal Ariff Kamil (former CEO of SRC).

During re-examination by Budiman Lutfi, Yeoh said that all the payments came from Najib’s Ambank current account ending with the number 880.

He also pointed out that Najib did not take any action regarding the credit card statements.

Najib, 66, is facing three counts of criminal breach of trust, one count of abusing his position and three counts of money laundering involving SRC International funds, amoun­t­ing to RM42mil.

The hearing before Justice Mohd Nazlan Mohd Ghazali continues. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 7
Cxense type: free
User access status: 3

Across The Star Online