Najib’s RM27 mln money laundering case transferred to High Court

KUALA LUMPUR: The Sessions Court was yesterday told that the case of former Prime Minister Datuk Seri Najib Tun Razak involving three addit ional charges of money laundering amounting RM27 million of SRC International funds, has been transferred to the High Court.

Deputy public prosecutor Manoj Kurup informed Sessions Court judge Azura Alwi of the matter in the presence of lawyer Tan Sri Muhammad Shafee Abdullah, representing Najib.

Manoj said on Feb 11, High Cour t Judge Mohd Nazlan Mohd Ghazali had allowed the prosecution’s application to have the case transferred from the Sessions Court to the High Court.

However, mention date at the High Court has yet to be fixed.

Judge Azura then transferred the case to the High Court.

On Feb 8, Najib, 66, was charged again in the Sessions Court here with three additional counts of money laundering involving RM27 million five years ago.

On all the three charges, Najib, was alleged to have been involved in money laundering by accepting RM27 million, RM10 million and RM10 million which were proceeds from illegal activities, at his three AmPrivate Banking accounts.

The Pekan MP a l legedly commit ted al l the of fences at AmIslamic Bank Berhad, Ambank Group Building, No. 55, Jalan Raja Chulan on July 8 2014 under Section 4 (1) ( a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

He faces a maximum fine of RM5 million or imprisonment of up to five years, or both, if found guilty.