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Najib abused position as PM to approve loans worth RM4bil for SRC Int'l, court told - Vimarsana News

Najib abused position as PM to approve loans worth RM4bil for SRC Int'l, court told

PUTRAJAYA: The Court of Appeal was told that Datuk Seri Najib Razak had abused his position when he sat in Cabinet meetings to approve two government guarantees for loans amounting to RM4bil for SRC International Sdn Bhd, a company he had a personal interest in. Ad hoc prosecutor Datuk V. Sithambaram said in his submissions at the hearing of an appeal filed by Najib that the offence under Section 23 of the Malaysian Anti-Corruption Commission Act, which the former prime minister was convicted with, did not depend on the receipt of the gratification but the use of position in obtaining the gra...

Najib failed to protect pensioners' savings, court hears - Vimarsana News

Najib failed to protect pensioners' savings, court hears

PUTRAJAYA: Datuk Seri Najib Razak had failed to protect pensioners' funds when a RM4bil loan from the Retirement Fund Inc (KWAP) was given to SRC International Sdn Bhd, a company he is said to have a personal interest in, the Court of Appeal heard. Ad hoc prosecutor Datuk V. Sithambaram told the three-man bench that SRC International, a subsidiary of troubled sovereign wealth fund 1Malaysia Development Bhd (1MDB), was established with the support of Najib. He said this during submissions at the appeal hearing for Najib against his conviction and sentence in the SRC International case here on ...

SRC appeal: Defence wraps up case after six days - Vimarsana News

SRC appeal: Defence wraps up case after six days

PUTRAJAYA (Bernama): After six days, Datuk Seri Najib Razak’s (pic) legal team on Tuesday (April 13) finally wrapped up its submissions on why the former prime minister should be freed from the 12-year jail sentence and RM210mil fine imposed on him by the Kuala Lumpur High Court last year. They were supposed to have closed their arguments in the SRC International Sdn Bhd appeal last Thursday but requested for an extension to finish their case. The hearing was initially fixed for 12 days from April 5 to 22, with four days each allotted to the defence and prosecution. Both parties are also g...

Najib did not know RM42mil was from SRC, lawyer tells Appeals Court - Vimarsana News

Najib did not know RM42mil was from SRC, lawyer tells Appeals Court

A file picture of Datuk Seri Najib Razak arriving for his appeal hearing against his conviction and jail sentence for misappropriation of RM42mil in the SRC International case at the Court of Appeal in Putrajaya on April 6, 2021. – AZHAR MAHFOF/The Star PUTRAJAYA (Bernama): The Court of Appeal heard that Datuk Seri Najib Razak did not know that the money in his bank accounts was transferred from SRC International Sdn Bhd. This was because the former premier always believed that the money in his AmBank accounts was the remainder of donations from the Saudi royal family. Najib's counsel Harv...

Judge reminds Najib's lawyer not to repeat points | Daily Express Online - Vimarsana News

Judge reminds Najib's lawyer not to repeat points | Daily Express Online

Published on: Friday, April 09, 2021 By: Bernama Text Size: Najib arrives at the court for his appeal in the RM42 million SRC International Sdn Bhd’s case yesterday. (Bernamapic) PUTRAJAYA: Court of Appeal Judge Datuk Abdul Karim Abdul Jalil reminded Datuk Seri Najib Tun Razak’s lawyer against repeating the same points in the hearing of the former premier’s appeal in the RM42 million SRC International Sdn Bhd’s case. In asking the counsel, Harvinderjit Singh, to summarise his submissions, Judge Abdul Karim said many of the points had been dealt with by the lead defence counsel Tan Sri...