Najib pleads not guilty

Syndicated News
Written by Syndicated News

KUALA LUMPUR, July 4 2018 : Former prime minister Datuk Seri Najib Razak pleaded not guilty today in the High Court to three charges of Criminal Breach of Trust (CBT) and one count of abuse of power over funds totalling RM42 million belonging to SRC International Sdn Bhd.

Judge Datuk Mohd Sofian Abd Razak then set 19 days, from Feb 18 to Feb 28, 2019, from March 4 to March 8, 2019, and from March 11 to March 15, 2019, for the trial.

He allowed Najib bail of RM1 million in two sureties and ordered him to surrender his two travel documents to the court.

The judge set Aug 8 for case management and for the hearing of an official application by Najib for an order to prohibit the media from publishing polemics on the merit and charges faced by him.

Najib, who turns 65 on July 23, was brought to the High Court after the case was transferred from the Sessions Court earlier today. All the four charges were read out to Najib and he pleaded not guilty to all of them.

On the first charge, Najib was accused of, as a public servant and agent, namely the Prime Minister and Finance Minister of Malaysia,  Advisor Emeritus of SRC International Sdn Bhd (SRC) and in those capacities entrusted with control of funds belonging to SRC International totalling RM4 billion, having committed CBT involving a sum of RM27 million.

He was accused of committing the offence at AmIslamic Bank Berhad, Ambank Group Building, No 55, Jalan Raja Chulan, here, between Dec 24, 2014, and Dec 29, 2014, and charged under Section 409 of the Penal Code which provides for a maximum jail term of up to 20 years and whipping and also a fine, if convicted.

On the second count, Najib was charged with, as the Prime Minister and Finance Minister with control over SRC funds totalling RM4 billion, having committed CBT involving RM5 million at the same place and during the same time frame. 

On the third count, Najib was charged with, being the Prime Minister and Finance Minister entrusted with  SRC-owned funds of RM4 billion, having committed CBT involving RM10 million at the same place between Feb 10, 2015, and March 2, 2015, according to the same section of the Penal Code.

On the fourth count, Najib was charged with, being a public official, namely the Prime Minister and Minister of Finance of Malaysia, having used his position to to commit bribery involving RM42 million when he participated or was involved in a decision on behalf of the Malaysian government to provide government guarantees for loans from the Retirement Fund Incorporated to SRC International amounting to RM4 billion.

He is accused of committing the bribery at the Prime Minister’s Office, Precinct 1, Putrajaya, Federal Territory of Putrajaya, between Aug 17, 2011, and Feb 8, 2012.

The charge, framed under Section 23 of the Malaysian Anti-Corruption Commission Act 2009 and punishable under Section 24 of the same Act, provides for a jail term of up to 20 years and a fine of not less than five times the amount or value of the bribe or RM10,000, whichever is higher, if convicted.

Attorney-General Tommy Thomas requested that bail be set at RM4 million cash in two local sureties.

Najib’s counsel, Tan Sri Dr Muhammad Shafee Abdullah, asked for the bail to be set at between RM500,000 and RM800,000 and Najib’s property in Jalan Langgak Duta to be used as collateral in two sureties in view of the freezing of the bank accounts of Najib, his wife and children. – Bernama



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Syndicated News

Syndicated News

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