Former prime minister Datuk Seri Najib Razak acknowledged in the High Court today that his Cabinet only"had an inkling" that the company needed extra money to the tune of RM600 million, to service its debt or risk going into default mode.
"They had an inkling but they were not told about the second and third additional loans as it was under my purview," he said, when pushed by lead prosecutor Datuk V Sithambaram. Najib, 66, is facing seven criminal breach of trust, abuse of power and money laundering charges involving RM42 million of SRC International funds.Today's hearing saw Najib being questioned again on his credit card spending during his Italian holiday in September 2014 when he spent about RM3.2 million buying various items, including a piece of jewellery for the wife of Qatari prime minister, Sheikh Hamad Jassim Jaber Mohammed Al Thani."She picked it...
He asked the former Finance Minister whether the defence planned to call anyone to testify to confirm that the jewellery had indeed been given to the Qatar prime minister's wife.The senior criminal lawyer then suggested that there was no such gift given to anyone but Najib disagreed. The former Umno president has all this while maintained that he received RM2.6 billion donation from the late Saudi Ruler, King Abdullah Abdul Aziz Al Saud.