Najib Trial Day 20 Former Kwap Ceo Expected To Testify Further Over Approval Of Rm4b Loan




The criminal trial of former prime minister Najib Abdul Razak involving the alleged misappropriation of funds from SRC International Sdn Bhd enters its 19th day today at the High Court in Kuala Lumpur
Malaysiakini brings you live reports of the proceedings
Summary of Najib’s SRC RM42 million caseNajib is facing 7 charges relating to RM42m involving SRC International, a former 1MDB subsidiary
1 abuse of power charge3 criminal breach of trust (CBT) charges3 money laundering chargesClick to view infomation on judge, prosecution and defence team9.10am - Wearing a light grey suit, accused Najib Abdul Razak enters the dock as proceedings begin
Seen in the witness stand is 37th witness Ihsan Perdana managing director Shamsul Anwar Sulaiman, who will continue his cross-examination by Najib's defence
It is understood that examination in chief of former Retirement Fund Incorporated (KWAP) CEO and 38th witness Azian Mohd Noh will resume after Shamsul's testimony is done
Former Retirement Fund Incorporated (KWAP) chief executive officer Azian Mohd Noh will resume her testimony on the 20th day of Najib Abdul Razak's RM42 million SRC International trial today
The 38th witness is expected to give further oral evidence over her role in the fund's greenlighting of the total RM4 billion loan to 1MDB's then subsidiary, SRC International
Her testimony will be given during examination-in-chief by the prosecution when proceedings before Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali begins around 9am this morning
Yesterday, Azian told the court how she was handed SRC International's initial loan application by Najib's then special officer Azlin Alias, now deceased, at a hotel at KL Sentral in June 2011
The witness recounted how she felt the letter did not fulfil the basic requirements for a loan application to KWAP despite the letter being addressed to then-premier Najib
She noted that KWAP chairperson Dr Wan Abdul Aziz Wan Abdullah had made her follow him to the Prime Minister's Office in June 2011 to inform Najib that the KWAP investment panel had made an initial decision to only approve a RM1 billion loan compared to SRC's application for an RM3.95 billion loan
Azian recalled how despite all this, the KWAP investment panel later unanimously decided to approve a RM2 billion loan following Najib's urging for the expediting of the loan application
She also testified that as then-finance minister, Najib advised SRC International to seek an additional loan from KWAP as it was already granted an initial RM2 billion loan by the fund in late 2011. SRC International obtained another RM2 billion loan from KWAP in early 2012.  -Mkini

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