The fourth day of the criminal trial of former premier Najib Abdul Razak involving RM42 million of SRC International Sdn Bhd’s funds started at the Kuala Lumpur High Court at 9am today.Najib is facing a trial into three counts of criminal breach of trust and one count of abuse of his position as then-prime minister in relation to funds amounting to RM42 million linked to SRC International, a former 1MDB subsidiary.
The 65-year-old politician, who was also finance minister and adviser emeritus of SRC International, is also facing three money laundering charges over the funds.The three CBT charges are laid under Section 409 of the Penal Code, the abuse of position charge is under Section 23 of the MACC Act 2009, and the three money laundering counts are per Section 4 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Source: Law Daily Report (lawdailyreport.net)
kinitv With Jho Low coming into the picture now, Najib Razak needs more than a prayer to escape prison.
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