SRC Trial: Former YR1M CEO worked for investment firm controlled by Jho Low | Malay Mail

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SRC Trial: Former YR1M CEO worked for investment firm controlled by Jho Low

Over the course of the cross examination, Ung had also revealed her past positions as detailed by Shafee.

Ung had in the 1990s held positions in PhileoAllied Bank Berhad, the Malaysian Exchange of Securities Dealing and Automated Quotation , now the ACE Market, and then moving on to Lotus Asset Management as a compliance officer until 2002. “I was the personal assistant to Datuk Seri Nazir Razak at that time where primarily I wrote his speeches, and I was given the position of senior manager,” she said when explaining her role there.

Her appointment had raised eyebrows considering her connection with Low, and after reports emerged that accused her of spending millions of Ringgits for political purposes for the benefit of Barisan Nasional, added with the fact she was YR1M’s chief executive.Najib is on trial for seven charges of abuse of position, criminal breach of trust and money-laundering over RM42 million of SRC International Sdn Bhd’s funds.

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