The High Court was told on Monday (Aug 18) that a raid at AmBank (M) Bhd in Jalan Raja Chulan on July 6, 2015, had revealed that some RM3.2bil went into the private bank accounts of former prime minister Datuk Seri Najib Razak, which was far more than what was mentioned by the Pekan MP before.
Former Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, who was testifying in Najib's trial involving RM2.28bil of 1Malaysia Development Bhd (1MDB) funds, said that from the raid, the central bank found out that AmBank had omitted important information relating to Najib's accounts' transactions.
Read more at https://tinyurl.com/4xwwcvzc
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
Former Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, who was testifying in Najib's trial involving RM2.28bil of 1Malaysia Development Bhd (1MDB) funds, said that from the raid, the central bank found out that AmBank had omitted important information relating to Najib's accounts' transactions.
Read more at https://tinyurl.com/4xwwcvzc
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
Category
🗞
NewsTranscript
00:00 The High Court was told that a raid at M-Bank Malaysia Berhad in Jalan Raju Chulan on July
00:07 6, 2015 had revealed that some RM3.2 billion went into the private bank accounts of former
00:14 Prime Minister Tatoo Sri Najib Razak.
00:18 Former Bank Negara Governor, Tan Sri Dr Zaty Akhtar Aziz said this amount was far more
00:23 than what was mentioned by the Pekan MP before this.
00:27 Zaty, who was testifying in Najib's trial involving RM2.28 billion of one Malaysia development
00:34 Berhad 1MDB funds on Monday, said that from the raid, the central bank found out that
00:39 M-Bank had omitted important information relating to Najib's accounts transactions.
00:45 She added that M-Bank had also omitted several changes from the international transactions
00:51 system, ITIS, which showed funds were going into M-Bank accounts, but not Najib's accounts.
00:59 Zaty also said that up until her retirement on April 30, 2016, Najib had never asked about
01:07 the transactions in his accounts.
01:10 The witness, who was questioned during an examination in chief by Deputy Public Prosecutor
01:16 Karma Baharin Omar, was referred to a news article by a news portal dated July 2, 2018,
01:23 where Najib claimed that Zaty knew about the RM2.6 billion that went into his M-Islamic
01:28 account, but no issues were raised.
01:32 According to Zaty, at that time, Bank Negara was informed that there was only one account
01:37 that was fixed as "MY" in the Ringgit Operations Monitoring System (ROMS), but after
01:44 the raid on the bank was conducted, the Central Bank found out that Najib had opened three
01:49 more accounts in 2013.
01:52 She said Bank Negara would only take action against any account if it received reports
01:57 from the commercial bank that managed the said account.
02:01 If there was any irregularity or suspicion, Bank Negara would then inform enforcement
02:07 agencies such as the Malaysian Anti-Corruption Commission (MACC) or the police.
02:13 Zaty had previously denied knowing the deposits of RM2.6 billion into Najib's accounts as
02:20 claimed by Najib.
02:22 68-year-old Najib is charged with 25 counts of abuse of power and money laundering, involving
02:29 RM2.28 billion of 1MDB funds.
02:33 The trial continues before Justice Colin Lawrence-Sekirah.
02:37 For more information visit www.fema.gov