Deutsche Bank Was Pressed To Speed Up Us 1bil Transfer Najib S Trial Told


 
1MDB’s former executive director Casey Tang Keng Chee had requested Deutsche Bank (M) Bhd to execute the funds transfer as soon as possible. (AP pic)KUALA LUMPUR: The High Court here was told that Deutsche Bank (M) Bhd (DBMB) was persistently pressed to speed up the transfer of US$1 billion from 1MDB as the then prime minister, Najib Razak, wanted to make a press statement on the joint-venture project with PetroSaudi International Ltd (PSI).
DBMB’s former managing director Jacqueline Ho Yek Wan, 51, said 1MDB’s former executive director Casey Tang Keng Chee had requested DBMB to execute the funds transfer as soon as possible.
“The US$1 billion was transferred in two transactions. The first transaction involved a sum of US$300 million to JP Morgan SA, for account number 7619400, and the second transaction involving US$700 million was to RBS Coutts Bank Ltd, for account number 11116073.
“Both transactions took place on Sept 30, 2009, at 3.14pm and 3.21pm,” Ho, the 30th prosecution witness, said when reading out her witness statement at Najib’s trial on the misappropriation of RM2.3 billion in funds from 1MDB.
-ADVERTISEMENT-Ads by 
Ho told the court that the account number 7619400 belonged to 1MDB-Petrosaudi while account number 11116073 belonged to Good Star Ltd, owned by fugitive businessman Low Taek Jho, or Jho Low.
The witness added that it was only a couple of days after the US$1 billion was sent out that Deutsche Bank discovered that the account which received US$700 million was actually Good Star, instead of PSI as claimed by 1MDB on the day of the transactions.
At the time, the bank queried 1MDB, but its chief executive officer, Shahrol Azral Ibrahim Halmi, said that Good Star was a subsidiary of 1MDB’s joint-venture partner PSI.
Asked by Najib’s counsel Wan Aizuddin Wan Mohammed about the press statement, the witness said Tang had come to Deutsche Bank’s office, which is in the same building as 1MDB’s office, and asked for the transactions to be carried out quickly before 4pm as Najib wanted to announce the matter.
Wan Aizuddin: This purported representation by Tang motivated you to undertake this transaction as soon as you could?
Ho: I guess yes and no, in the sense that we would have done it on that day anyway. It would go through a queue and we would probably complete it by around five or six something in the evening, but because he wanted it done before 4pm, I had to ask my operations to prioritise the remittance before those of other clients.
Asked if the bank would have delayed the US$1 billion transactions until the next day if Tang had not mentioned that the prime minister wanted to make a media announcement, the witness said the bank would not have delayed the transactions as Tang had given strict instructions to do it on Sept 30.
Asked if she now knew whether the US$1 billion was a true investment based on what she had read in the news about 1MDB and what the authorities had hinted or told her during the investigation, Ho said: “I guess based on what was hinted or implied, it was fraud essentially.”
Asked if she knew how Najib fit into the entire 1MDB matter then, Ho said: “At that point in time, we were told this was an important G2G (government to government) transaction. The bank was under the impression that 1MDB would be like Khazanah Nasional in the sense that it would be a government investment vehicle.
“So, obviously, since it was owned by the finance ministry and Datuk Seri Najib was finance minister, it’s only natural that he would want to give a press statement about a large investment,” she said.
Najib is on trial for 25 charges of abuse of power and money laundering over funds amounting to RM2.28 billion that were deposited into his AmBank accounts between February 2011 and December 2014.
The trial before judge Collin Lawrence Sequerah continues tomorrow. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2022/06/deutsche-bank-was-pressed-to-speed-up.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
1mdb Trial Funds Transfer Would Worry Me If I Was Pm Husni

1mdb Trial Funds Transfer Would Worry Me If I Was Pm Husni

papar berkaitan - pada 23/6/2022 - jumlah : 138 hits
Ex finance minister II Ahmad Husni Mohamad Hanadzlah testified that he would have been shocked by the diverting of US 700 million of 1MDB funds if he was Malaysia s top leader His oral evidence came during this afternoon s RM2 28 billion 1M...
Akaun Bank Najib Terima Wang Hampir As 670 Juta Saksi

Akaun Bank Najib Terima Wang Hampir As 670 Juta Saksi

papar berkaitan - pada 17/6/2022 - jumlah : 230 hits
malaysiakini comKES 1MDB Akaun AmBank Najib Razak menerima hampir AS 20 juta daripada Putera Arab Saudi Faisal Turki Bandar Al Saud pada 2011 menurut keterangan pengurus Unit Swift bank perdagangan itu Wedani Senen memberitahu Mahkamah Ting...
Najib S Account Received Nearly Us 670m Bank Officer

Najib S Account Received Nearly Us 670m Bank Officer

papar berkaitan - pada 17/6/2022 - jumlah : 244 hits
1MDB TRIAL Najib Abdul Razak s AmBank account received nearly US 20 million from Saudi Arabia s Prince Turki Faisal Al Saud in 2011 testified the commercial bank s Swift unit manager Wedani Senen told the Kuala Lumpur High Court this aftern...
Muhyiddin 2 Ex Ministers Received Uksb Funds Zahid Trial Told

Muhyiddin 2 Ex Ministers Received Uksb Funds Zahid Trial Told

papar berkaitan - pada 17/6/2022 - jumlah : 263 hits
During the material time Muhyiddin Yassin was home minister in the Pakatan Harapan administration SHAH ALAM A former Ultra Kirana Sdn Bhd administrative manager told the High Court in Ahmad Zahid Hamidi s corruption trial that Muhyiddin Yas...
Guan Eng Trial Najib S Close Friend Delivered Bribes Zarul

Guan Eng Trial Najib S Close Friend Delivered Bribes Zarul

papar berkaitan - pada 25/6/2022 - jumlah : 181 hits
Businessperson G Gnanaraja was identified as a middleman for allegedly delivering bribes to former Penang chief minister Lim Guan Eng based on his supposed closeness with former prime minister Najib Abdul Razak Consortium Zenith Constructio...
Najib Kept Quiet About Us 700mil Paid To Firm With No 1mdb Ties Court Told

Najib Kept Quiet About Us 700mil Paid To Firm With No 1mdb Ties Court Told

papar berkaitan - pada 23/6/2022 - jumlah : 201 hits
Former second finance minister Ahmad Husni Hanadzlah said he had asked Najib Razak why the money was paid to Good Star and not to PetroSaudi International Ltd but no action was taken KUALA LUMPUR Former second finance minister Ahmad Husni H...
1mdb Officials Reported Directly To Najib Not Mof Court Told

1mdb Officials Reported Directly To Najib Not Mof Court Told

papar berkaitan - pada 15/6/2022 - jumlah : 437 hits
1MDB s memorandum and articles of association gave the prime minister ultimate power to approve such matters as appointments and investments says Siti Zauyah Mohd Desa KUALA LUMPUR A former senior Treasury officer told the High Court in Naj...
Pegawai Bank Sahkan Lebih Rm45 Juta Dipindahkan Ke Akaun Najib

Pegawai Bank Sahkan Lebih Rm45 Juta Dipindahkan Ke Akaun Najib

papar berkaitan - pada 14/6/2022 - jumlah : 287 hits
malaysiakini comDiterbitkan Jun 13 2022 5 49 PMMahkamah Tinggi di Kuala Lumpur hari ini diberitahu bahawa sejumlah RM45 8 juta telah dipindahkan ke dalam akaun peribadi AmBank Datuk Seri Najib Tun Razak melalui Vista Equity International Pa...
Foreign Visa Trial Zahid Called Monster In Ultra Kirana S Cash Payment Log High Court Told

Foreign Visa Trial Zahid Called Monster In Ultra Kirana S Cash Payment Log High Court Told

papar berkaitan - pada 16/6/2022 - jumlah : 221 hits
Datuk Seri Ahmad Zahid Hamidi arrives at the Shah Alam Hight Court June 16 2022 Picture by Yusof Mat IsaBy Kenneth TeeThursday 16 Jun 2022 11 35 AM MYTSHAH ALAM June 16 Ultra Kirana Sdn Bhd had referred to Datuk Seri Ahmad Zahid Hamidi as M...
Beli Rumah Lebih Jimat Dengan Kempen Hartanah Bumiputera Matrix

Natural Gas Fuel Not A Hazard

How Car Centric Planning Is Killing Malaysians

Masjid Lapangan Terbang Sultan Abdul Aziz Shah

Khutbah Jumat Jumadil Awal Tangis Ibnu Rawahah Jelang Perang Mu Tah

Tattoos Raised And Itchy

Bersatu Man Demands Dnb Exit Strategy For U Mobile

15 Playful Midcentury Kids Room Ideas For A Retro Vibe


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Kelas Tauhid Bersama Sofea

Flexibility In Business Operations

Semua Ni Sebab Chagee

Takwim Persekolahan Sesi 2025 2026

Buat Sendiri Roti Arab Lembut Gebu Sekali Hadap Boleh Habis 3 Keping

Sihir Ep1