KWAP funds stolen, but no police report made Lawyer 08 Apr 2021 / 22:00 H. Pix for representational purpose only.
PUTRAJAYA: The Court of Appeal today was told that a major portion of the RM4 billion loan to SRC International Sdn Bhd by Retirement Fund Incorporated (KWAP) could have been stolen but yet no police report was made.
Datuk Seri Najib Tun Razak’s lawyer, Harvinderjit Singh submitted that the theft could have happened outside the corporate structure of SRC which was once a subsidiary of 1Malaysia Development Berhad (1MDB) and subsequently placed under the Finance Ministry Incorporated.
He said Najib was not an agent nor entrusted with RM42 million, which was said to be part of the RM4 billion, to dishonestly commit criminal breach of trust.
Only Jho Low could answer why funds went into Najib s accounts | Daily Express Online dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.
07 Apr 2021 / 16:14 H. Bernama
PUTRAJAYA: The Court of Appeal was told today that only fugitive businessman Low Taek Jho or Jho Low could answer why SRC International Sdn Bhd’s funds ended up in Datuk Seri Najib Tun Razak’s (pix) bank accounts.
The former premier’s counsel, Harvinderjit Singh, said this when he was queried by Judge Datuk Abdul Karim Abdul Jalil on why millions of money was transferred into Najib’s accounts.
Abdul Karim: Why was the RM5 million and RM27 million deposited into Najib’s accounts?
Harvinderjit: Only Jho Low could answer it. But we can tell you that the RM27 million was put into Najib’s account because (former AmBank relationship manager) Joana Yu Ging Ping said the account balance was low.
Najib s trial judge inexperienced, Court of Appeal told | Daily Express Online dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.