in a nutsell

Summary of Najib’s SRC RM42 million case
Najib is facing 7 charges relating to RM42m involving SRC International, a former 1MDB subsidiary.

1 abuse of power charge
Received RM42m in exchange for gov’t guarantees on SRC’s RM4b loan from the Retirement Fund Inc
Section 23(1) of the MACC Act 2009
Punishment: Maximum 20 years in jail and a fine of 5 times the value of the gratification or RM10,000, whichever is higher

3 criminal breach of trust (CBT) charges
1st charge: CBT of RM27m
2nd charge: CBT of RM5m
3rd charge: CBT of RM10m
Section 409 of the Penal Code
Punishment: Jail term of 2-20 years and/or fine

3 money laundering charges
Deposited RM42m into his bank account
Section 4(1)(b) of Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001
Punishment: Maximum 15 years jail, and fine up to RM5m or 5 times the amount, whichever is higher, for each charge

Despite still missing, 1MDB-linked Low Taek Jho (above) may loom large on the 40th day of Najib Abdul Razak’s RM42 million SRC International trial.

This is due to former AmBank managing director Cheah Tek Kuang testifying during the examination-in-chief yesterday that he was ushered in by the wanted individual, known also as Jho Low, into then-premier Najib’s residence at Jalan Langgak Duta in mid-January, 2011.

The defence’s cross-examination by lawyer Harvinderjit Singh, and in likelihood later by lead lawyer Muhammad Shafee Abdullah, may seek to peel away at the 50th witness’ testimony over the presence, role, and link of the fugitive financier with the accused.

This is one of the likely thrusts of Najib’s defence team questioning in light of recent cross-examination trend that focused on the extent of Jho Low’s involvement in the transfer of the RM42 million into Najib’s AmBank accounts, among others.

Additionally, proceedings before Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali will begin later this morning because Najib and his lawyers need to attend the hearing of a separate matter before another High Court judge, Collin Lawrence Sequerah.

The matter before Sequerah is the prosecution’s application to vacate Najib’s RM2.28 billion 1MDB trial, which is set to begin on Aug 19, in order to avoid it clashing with the SRC trial, which has a high likelihood of not being wrapped up by that date.





This post has been edited by TheLegend27: Jul 18 2019, 03:16 PM

LGE is right, this is perompak.

Najib OK what, pretty confident he won't be jailed. Go late to court, selfie in courtroom what else?

breakfast eat bubur ikan bilis @ hotel sg buloh

10.16am - Proceedings begin.

Najib enters court

9.47am - Accused Najib Abdul Razak enters court and takes a seat at the front row of the public gallery to begin proceedings.

Earlier, the former prime minister and his defence team were attending a separate hearing, before Kuala Lumpur High Court judge Collin Lawrence Sequerah, about the prosecution's application to vacate Najib's RM2.28 billion 1MDB trial.

Prosecution seeks apology from Najib over Facebook post

10.20am - Attorney-General Tommy Thomas makes an application for Najib Abdul Razak to issue a full and unconditional apology over the accused's Facebook post regarding his credit card spending.

On July 15, AmBank employee Yeoh Eng Leong testified that two credit cards in the former premier's name had been charged RM3.36 million in 10 transactions on the same day at an Italian outlet of jeweller De Grisogono in 2014.

Najib had subsequently written a Facebook post defending the credit card spending, saying the funds were used to purchase “gifts” for the royalty of another country.

Thomas tells Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali that the accused's action amounts to committing sub judice, and that he should be treated like any other accused in this matter.

"We seek a full and unconditional apology from the accused and on what he had done, as well as an undertaking from the accused not to repeat what he had done," Thomas says.

Najib's counsel Harvinderjit Singh then requests a brief adjournment to seek instruction from his client, which is granted by the judge.

Defence wants more time to seek instruction over apology

10.29am - Upon proceedings resuming, Najib Abdul Razak's lawyer Harvinderjit Singh requests more time to consult lead counsel Muhammad Shafee Abdullah over the prosecution's bid to seek an apology from the former prime minister over a Facebook post defending his credit card spending.

Harvinderjit says that this is because Shafee is occupied with another matter in a separate court.

High Court judge Mohd Nazlan Mohd Ghazali allows Harvinderjit more time to seek instruction later, and permits cross-examination of former AmBank managing director Cheah Tek Kuang to resume.

AmBank ex-director says he knew about Najib's return of US$620m donation

10.50am - Cheah Tek Kuang, a former AmBank non-executive director, tells the court that he knew about Najib Abdul Razak returning a donation amounting to US$620 million to its sender in 2013.

He says that he knew this from then AmBank relationship manager Joanna Yu, who contacted him for assistance to get quick approval from the central bank.

Cheah, who is testifying under cross-examination by defence counsel Harvinderjit Singh, however denies that he had received a letter from the former premier stating his intention to return the sum.

I merely accompanied AmBank’s new MD to visit Zeti, says witness

11am - Former AmBank Group managing director Cheah Tek Kuang tells the court that he accompanied his successor Ashok Ramamurthy on a visit to discuss Najib Abdul Razak’s bank accounts with then Bank Negara governor Zeti Akhtar Aziz sometime in 2013 or 2014.

Cheah testifies that his presence at the meeting was only due to his familiarity with the governor, compared to Ashok.

"The story behind it is, there was a special request for me to go with Ashok, because Ashok was new to the (Bank Negara) governor.

"I had nothing to do with it," the witness says under cross-examination by defence lawyer Harvinderjit Singh.

more this drag the obvious winner is all those lawyers la

Jho Low a liar who was never punctual, says AmBank ex-MD

11.10am - The court hears from Cheah Tek Kuang, former AmBank Group managing director, that he had never trusted fugitive businessperson Low Taek Jho.

Testifying under cross-examination by defence lawyer Harvinderjit Singh, Cheah says that he "detests" Low.

The former managing director also agrees with Harvinderjit that the businessperson, better known as Jho Low, could be described as a liar.



The witness' line of remarks come as he is being queried about a series of BlackBerry Messenger conversations between former AmBank relationship manager Joanna Yu and a person believed to be Low.

Harvinderjit asks Cheah about one of the conversations, in which Low purportedly told Yu that he had spoken to Cheah about a certain matter and that the latter would be relaying it to then AmBank Group chairperson Azman Hashim.

"What she (Joanna Yu) said to Jho Low, I don’t know. I don't talk to Jho Low.

"And I can tell you what kind of a person he is. He is a person who was never punctual.

"If an appointment was at 1pm, he would come at 1.30pm," Cheah testifies.

Harvinderjit then asks: "Would you call him a liar?"

Cheah replies, "A liar lah. I don’t like it. I detest him. Cannot get close to that kind of person."

Court permits the prosecution to tender document from Najib's suit against Ling Liong Sik

12.43pm - The Kuala Lumpur High Court is permitting the prosecution to tender court documents related to Najib Abdul Razak's defamation suit against former MCA president Ling Liong Sik.

Judge Mohd Nazlan Mohd Ghazali allows the application by DPP Muhammad Izzat Fauzan, overruling objections by the accused's lawyer Harvinderjit Singh, who argues that the cause paper is not relevant to the present criminal trial.

DPP V Sithambaram counters that it is relevant as the court document is related to the current charges.

It was reported in May last year, that Najib had retracted his suit against Lim over an allegation that the former prime minister had misused government funds.

Parties to hear decision on postponement of 1MDB trial at 2pm

12.55pm - DPP Izzat Fauzan tells the court that parties in the hearing have to appear before Justice Collin Lawrence Sequerah at 2pm for a decision on an application to postpone the 1MDB trial.

Defence lawyer Harvinderjit Singh then asked if the court can allow the lunch break to be extended to 2.45pm.

Judge Mohd Nazlan Mohd Ghazali allows the request.

The trial is adjourned.

malu apaaaaaa bosssko

"still not in jail"

so the death of AM Bank CEO in 2013 got anything link to this now ?

2.42pm - Proceedings resume.

the bank founder, not ceo

Any further public posts risk contempt, Judge tells Najib

3.02pm - "Any further public posting risks contempt", High Court judge Mohd Nazan sternly reminds accused Najib Abdul Razak.

The judge gives the warning after having fixed Monday next week to hear submissions from all parties over Attorney-General Tommy Thomas' application for a full and unconditional apology from the former prime minister.

The prosecution is seeking a ruling against Najib over his Facebook posting regarding the testimony on the alleged RM3 million spent on two credit cards linked to the former prime minister.

Lead counsel Muhammad Shafee Abdullah was seeking the Monday hearing date as he tells Nazlan that he needed to discuss with his client Najib on how to prepare a full submission to counter the prosecution's bid.

MOF not clear on SRC International's area of business

3.15pm - The court hears from former Treasury deputy secretary-general (investment) Fauziah Yaakob that the Finance Ministry had wanted to appoint a representative on SRC International's board of directors in 2015.

She tells the court that the plan was made as MOF was not clear on the company's area of business.

Additionally, the 51st witness says SRC International was among the government companies that were always late in submitting its financial report to MOF.

She says these reasons were stated in a memorandum supported by then Finance Minister 2 Husni Hanadzlah, which also contained the nomination of her then-deputy Mohd Isa Hussain on the company's board.

Fauziah retired from the civil service on July 29, 2015.

3.20pm - Former Treasury secretary-general (investment) Fauziah Yaakob testifies that a division which supervises government companies under Minister of Finance Incorporated (MOF Inc) had tried to set up meetings and discussions with the management of SRC International but did not receive any positive response.



Fauzaiah (drawing) said this happened from the time since was promoted to her position in Nov 2012 until her retirement in July 2015.

"My officers informed that they had sent emails (to SRC International) to set up meetings, but there was no positive response from the company," she testifies under cross-examination by defence lawyer Harvinderjit Singh.

Fauziah says that she is not sure to whom the emails were addressed to but believe that it should be to the company's CEO.

The whole trial half way through d baru u open thread