KUALA LUMPUR - Malaysia's former prime minister Najib Razak's biggest corruption trial involving the illegal transfers of RM2.28 billion into his personal bank accounts kicked off on Wednesday , with the prosecution claiming that he had played a crucial role in amending the articles of 1Malaysia Development Berhad to place himself in"sole control of important matters" concerning the business and affairs of the company in a bid to"enrich himself".
"In short, he was its plenipotentiary," he said, adding that there were four phases to the transaction that resulted in the amount ending up in the former leader's personal bank accounts. Following Pakatan Harapan's victory in May last year, Malaysia reopened the investigations into 1MDB and Najib's involvement in its operations.Prosecution also named fugitive financier Low Taek Jho, better known as Jho Low, as"an important character" in the case, saying that he was involved in 1MDB, which was formerly known as Terengganu Investment Authority .
"The prosecution will establish facts which will give rise to an irresistible inference that Jho Low and the accused acted as one at all material times," he added.
Source: Law Daily Report (lawdailyreport.net)
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