RM1M Golden Handshake in Final Month as PM for Najib

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Najib drew more than RM78,000 in government salaries and allowances.

Parliament paid Datuk Seri Najib Razak a total of RM1.27 million to be the prime minister and MP for Pekan between January 2011 and March last year, the High Court heard today.

This was revealed by the 26th witness in Najib’s SRC International Sdn Bhd money-laundering and criminal breach of trust trial,

Seth Akmal/TMI

The Head of Members of Parliament Affair Division with the Secretariat of Parliament of Malaysia, Farah Nurdiana Azhar, read out her witness statement in court today detailing Najib’s monthly lawmaker’s salary as RM10,355.18 from January 2011 to December 2014, excluding special payments.

Najib was paid an additional RM3,846.59 for being the head of the Dewan Rakyat as the prime minister.

Like other MPs who were part of the ruling administration, he was paid a permanent allowance of RM6,508.59.

The permanent allowance for MPs within the ruling administration was raised from RM6,508.59 to RM16,000 effective 2015.

Deputy chief accountant in the Prime Minister’s Department, Zarinah Yusuf, said Najib received RM1,017,014.39 following his fall from power in May last year. This was special payment from the government made to all outgoing prime ministers.

Seth Akmal/TMI

For his last nine days in office, he was paid a pro-rated sum of RM6,627.09 as salary.

His last-drawn administrative salary as prime minister was RM22,826.65, in addition to RM3,846 as leader of the Dewan Rakyat and RM16,000 as the Pekan MP.

His total monthly salary was RM58,604, inclusive of allowances comprising cabinet minister’s allowance of RM8,500, housing allowance of RM4,000, entertainment allowance of RM16,978, housing upkeep and maid allowance of RM4,800 and an additional RM1,500 in federal administration salary.

In other words, Najib earned a pre-tax monthly salary of RM78,450 from his government positions and Parliament before he stepped down after being defeated in GE14.

For his prime minister’s income, Najib was taxed RM6,417.95, resulting in a post-tax salary of RM52,187.20.

The salary and allowance were remitted into Najib’s account in Affin Bank.