Najib to know fate on Monday in RM42 mil SRC International case

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High Court judge to decide if former prime minister and finance minister has to enter his defence. FMTNews NajibRazak SRC

Najib Razak is accused of abusing his power as PM, three money laundering charges and three CBT charges in the transfer of RM42 million from SRC International into his private bank accounts.

“It is up to the judge to decide how much weight to be assigned to the witnesses and the documents tendered. He then, on the totality of the evidence, has to decide whether the prosecution has made out a prima facie case,” Srimurugan told FMT. He is charged with committing the offences at AmIslamic Bank Bhd on Jalan Raja Chulan and the Prime Minister’s Office in Putrajaya between Aug 17, 2011, and Feb 10, 2015.

He said Najib benefited as RM42 million of SRC money, which was part of the RM4 billion loans obtained from KWAP, went into his private accounts.Thomas said Najib amended the SRC constitution to wield absolute power and caused the company to borrow money where the government had to issue guarantee letters.

Lawyer Muhammad Shafee Abdullah said there was no case of abuse of power as his client had no interest in SRC, which was a government-linked company. He said Najib’s money laundering charges also crumbled when the prosecution failed to prove the predicate offences of abuse of power and CBT.

Source: News Formal (newsformal.com)

 

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