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| Photo by NST (NSTP/MOHAMAD SHAHRIL BADRI SAALI) |
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak is back in court for the second day of his trial for misappropriation of funds from SRC International Sdn Bhd – a former subsidiary of 1Malaysia Development Berhad (1MDB).
Najib, 66, arrived at the Kuala Lumpur High Court here, at 9am today.
The trial resumed this morning with Najib’s defence team cross-examining the first prosecution witness – deputy registrar at the Registrar of Companies Malaysia (SSM), Muhamad Akmaludin Abdullah, 35.
Mohd Akmaludin previously testified that he had received a request from the Malaysian Anti-Corruption Commission (MACC) to run checks on the records of three companies – SRC International, Gandingan Mentari and Ihsan Perdana.
Najib is facing three counts of CBT and one count of abuse of power over funds amounting to RM42 million linked to SRC International.
He is also facing three money-laundering charges over the same funds.
The three CBT charges were read under Section 409 of the Penal Code, while the power abuse charge was read under Section 23 of the MACC Act 2009.
The Pekan MP is also facing three money-laundering charges under Section 4 (1) (b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFA) 2001.
If convicted, Najib could be sentenced to up to 20 years’ jail, whipping and a fine for the CBT charges; a maximum 20 years’ jail and a fine of not less than five times the amount of bribe involved, or RM10,000, whichever is higher, for the abuse of power charge; and jail time not exceeding 15 years, and a fine of up to RM15 million or five times the amount involved, whichever is higher, for the money laundering charges.
Source from NST
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