Najib’s RM27mil SRC money laundering case set for July 2021


Datuk Seri Najib Razak. - Filepic

KUALA LUMPUR: Another 1Malaysia Development Bhd-linked corruption case of former prime minister Datuk Seri Najib Razak related to the alleged money laundering of RM27mil from SRC International Sdn Bhd coffers will commence on July 5 next year.

High Court judge Justice Mohamed Zaini Mazlan fixed the dates July 5-8, July 12-15 and July 26-29 for the hearing during case management here yesterday.

He also fixed Aug 11 for further case management.

Deputy Public Prosecutor Ahmad Akram Gharib from the Malaysian Anti-Corruption Commission (MACC) appeared for the prosecution while lawyer Nur Syahirah Hanapiah appeared for the Pekan MP.

On Feb 3 last year, Najib claimed trial at the Sessions Court to three counts of money laundering where he allegedly received a total of RM27mil in three bank accounts belonging to him.

The monies were allegedly proceeds from unlawful activities.

He allegedly committed the offences at AmIslamic Bank Bhd, Bangunan Ambank Group, No. 55, Jalan Raja Chulan, on July 8,2014.

The charge under Section 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 provides for a fine of up to RM5mil or imprisonment not exceeding five years or both, upon conviction.

The case was later transferred to the High Court on March 13 last year.

Another case involving SRC International and Najib will conclude today as High Court judge Justice Mohd Nazlan Mohd Ghazali is expected to deliver his decision at 10am.

In this case, Najib is on trial for three charges of criminal breach of trust, one charge of abuse of position, and three charges of money laundering involving RM42mil from SRC International funds.

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Najib; 1MDB; SRC

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