subpath:

In SRC conviction appeal, prosecution says Najib’s refusal to allow govt to check company’s Swiss funds implies ‘personal interest’ | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 86%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

In SRC conviction appeal, prosecution says Najib’s refusal to allow govt to check company’s Swiss funds implies ‘personal interest’

In the RM42 million SRC International case, Datuk Seri Najib Razak was sentenced to 10 years’ jail on each of the three counts of CBT and each of the three counts of money laundering, and 12 years’ jail and a RM210 million fine, in default five years’ jail, in the case of abuse of position on July 28 last year. — Picture by Miera ZulyanaPUTRAJAYA, April 14 — Former prime minister Datuk Seri Najib Razak’s refusal to allow a government delegation to verify the status of some RM3.

Ahmad Husni previously testified that he met with Najib and sought the latter’s permission to bring a delegation comprised of the Finance Ministry, Bank Negara Malaysia and the Retirement Fund Incorporated to clarify the matter with the Swiss authorities between 2015 and 2016. “In fact that is the only inference that can be drawn. All these lame excuses implies he has personal interest,” he added.

“The reasoning stated by the appellant for the above is that PW56 had apparently failed to prepare a formal plan to be discussed by the Cabinet. “Even though the appellant did agree that a government to government forum would be ideal, there is no evidence of this being undertaken during his tenure as the prime minister.

Sithambaram further submitted that Najib’s wish of wanting a proper plan but not even suggesting one to Ahmad Husni seemed absurd since it was Najib himself who was instrumental in securing the RM4 billion loan to SRC International and the Government Guarantees which resulted in RM3.6 billion funds ending up in Switzerland.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines