The Kuala Lumpur High Court heard that Datuk Seri Najib Razak's conduct and actions in multiple instances related to 1Malaysia Development Berhad (1MDB) clearly demonstrated his vested interest in the sovereign wealth fund.
DPP Ahmad Akram Gharib said on Wednesday it is the prosecution's duty to prove Najib’s involvement and personal interest in 1MDB to obtain illicit gains, on the four charges of abuse of power.
He was submitting at the close of the prosecution's case in the trial of the former prime minister, who is accused of misappropriating RM2.3bil in 1MDB funds.
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DPP Ahmad Akram Gharib said on Wednesday it is the prosecution's duty to prove Najib’s involvement and personal interest in 1MDB to obtain illicit gains, on the four charges of abuse of power.
He was submitting at the close of the prosecution's case in the trial of the former prime minister, who is accused of misappropriating RM2.3bil in 1MDB funds.
Read more at https://bit.ly/4dt4A2v
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00Datuk Shri Najib Razak's conduct and actions in multiple instances related to 1MDB clearly
00:07demonstrated his vested interest in the Sovereign Wealth Fund, the KL High Court heard on Wednesday.
00:13DPP Ahmad Akram Garib said it is the prosecution's duty to prove Najib's involvement and personal
00:19interest in 1MDB to obtain illicit gains on the four charges of abuse of power.
00:25He was submitting at the close of the prosecution's case in the trial of the former Prime Minister,
00:30who is accused of misappropriating 2.3 billion ringgit in 1MDB funds.
00:36He added that evidence shows that the accused caused amendments to be made to Articles 117,
00:4268 and 93 of the 1MDB Memorandum and Articles of Association to place himself in sole control
00:50of important matters concerning the business and affairs of the company.
00:55He said Najib also systematically stopped the then Second Finance Minister, Datuk Shri
01:00Ahmad Hosni Hanadzla, from handling 1MDB matters.
01:04Ahmad Akram said this conduct clearly demonstrated that Najib had a vested interest in 1MDB when
01:10he excluded Ahmad Hosni as the only other person within the Finance Ministry who had
01:15any form of influence over the company.
01:18This is a submission before Justice Datuk Colin Lawrence Sequeira continues.