KUALA LUMPUR: Datuk Seri Najib Razak's Ambank account received US$681mil (RM2.08bil) in illicit funds from Tanore Finance Corporation (Tanore), a senior police officer told the High Court here Thursday (Oct 12).
Anti-Money Laundering Criminal Investigation Division assistant director Asst Comm Foo Wei Min said he applied the "first in, first out" (Fifo) investigative method to determine whether or not the money going into the Ambank account ending with the number 694, belonging to the former prime minister, was illicit or clean money.
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