KUALA LUMPUR – Another case involving former prime minister Datuk Seri Najib Razak over SRC International Sdn Bhd funds has been set for case management on May 3 at the high court here.
For this case, the former prime minister is facing three money-laundering charges involving RM27 million worth of SRC funds.
His lawyer, Muhammad Farhan Muhammad Shafee, said the defence has received part of the documents related to the trial from the prosecution.
“So far, the trial dates previously set by judge Mohamed Zaini Mazlan on July 5 to 8, July 12 to 15 and July 26 to 29 are maintained.”
On February 3, 2019, Najib pleaded not guilty to the three charges of money laundering, whereby he is alleged to have received money totalling RM27 million, allegedly proceeds from unlawful activity, in three AmPrivate Banking accounts belonging to him.
Najib is alleged to have committed the offences at AmIslamic Bank Berhad, Bangunan Ambank Group, 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, which provides for a maximum fine of RM5 million, or jail not exceeding five years, or both, if convicted.
He was earlier charged in the sessions court, but the case was transferred to the high court on March 13, 2019 on an application by the prosecution.
On July 28 last year, High Court judge Mohd Nazlan Mohd Ghazali sentenced Najib to 12 years’ jail and a fine of RM210 million after finding him guilty on seven charges of criminal breach of trust, money laundering and abuse of position, involving RM42 million worth of SRC funds.
Najib filed an appeal against the ruling, and the Court of Appeal has set a 12-day hearing starting April 5 to hear the appeal. – Bernama, February 11, 2021