Najib Slapped with Three Money Laundering Charges over RM42M from SRC

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Former prime minister Datuk Seri Najib Razak was charged in the Sessions Court today with three counts of having received RM42 million in proceeds from unlawful activities into two of his accounts four years ago, with the money belonging to SRC International Sdn Bhd.

However, no plea was recorded from Najib, 65, after the three charges were read out to him before Judge Azura Alwi.

On the three charges, Najib was alleged to have received RM27 million, RM5 million and RM10 million, respectively, which were proceeds from unlawful activities, via Real Time Electronic Transfer of Funds and Securities (Rentas) into two AmIslamic Bank Berhad accounts of his bearing the numbers 2112022011880 and 2112022011906.

He is alleged to have committed the offences at AmIslamic Bank Berhad, AmBank Group Building, 55 Jalan Raja Chulan, Kuala Lumpur, between Dec 26, 2014, and Feb 10, 2015.

Najib was charged under Section 4 (1)(b) of Anti-Money Laundering Act, Anti-Terrorism Financing Act and Proceeds of Unlawful Activities Act (Amla) 2001 which carry a maximum jail term of 15 years and fine of not less than five times the proceeds of the unlawful activities, if convicted.

Azneal Ishak

The Sessions Court judge allowed an application by the prosecution to transfer the Amla cases to the High Court.

Najib was represented by an eight-member team of lawyers led by Tan Sri Muhammad Shafee Abdullah while Datuk Mohamad Hanafiah Zakaria led an 11-man prosecution team from the Attorney-General’s Chambers.

Mukhriz Hazim

Shafee also submitted an application to consolidate all the money laundering cases to be heard at the same time.

The money laundering charges come a month after Najib claimed trial to three charges of criminal breach of trust (CBT) and one count of abuse of power at the High Court.

He posted RM1 million bail for the CBT and abuse of power charges.

At the High Court, Justice Mohd Nazlan Mohd Ghazali, who replaced Justice Sophian Abdul Razak, presided.

Escorted by police outriders, Najib entered the court complex at 8.50am this morning in his Toyota Vellfire.

Dressed in a grey-blue suit and a white shirt, he stepped out of the MPV with a smile and waved to the crowd of media practitioners with their flashing cameras.

He was accompanied by youngest son Norashman Najib, daughter Nooryana Najwa Najib and her husband Daniyar Kessibayev.

Najib’s son Mohd Nizar Najib and his wife Nor Sharmila Shaheen were also spotted.

Also present was Najib’s press secretary Tengku Sariffuddin Tengku Ahmad.

Najib’s wife Datin Seri Rosmah Mansor was not sighted inside the courtroom, but her lawyers Datuk K Kumaraendran and Datuk Geethan Ram Vincent are holding a watching brief for her.

A rally which was scheduled to be held in solidarity with Najib did not take place as expected.

A small group of supporters were seen hanging out outside the main entrance but none of them caused a ruckus.

As security was tight with strong police presence, none of the supporters or members of the public was allowed into the court compound.

Only journalists with official media tags from the Information Department were allowed in.

Zulaikha Zulkifli/Malaysiakini

Reporters from the local and international media had begun camping outside the court complex from as early as 6.30 am.

Actress Ellie Suriaty Omar, who created an uproar in the court lobby when Najib was charged last month, was spotted outside the entrance, together with Umno Supreme Council member Datuk Lokman Adam.


Alyaa Alhadjri/Malaysiakini