Malaysia

Najib seemed relaxed about US$700 mil being transferred: Husni

Former finance minister II claims he would take action if he was PM

Updated 4 years ago · Published on 22 Jun 2022 8:06PM

Najib seemed relaxed about US$700 mil being transferred: Husni
Datuk Seri Ahmad Husni Mohamad Hanadzlah also testified that Najib had the power to decide on everything related to 1MDB, including the approval of investments. – Bernama pic, June 22, 2022

KUALA LUMPUR – Former finance minister II Datuk Seri Ahmad Husni Mohamad Hanadzlah told the high court here today that if he was the prime minister, he would have taken action after US$700 million (RM3.08 billion) belonging to 1Malaysia Development Berhad (1MDB) was transferred into Good Star Limited, owned by fugitive businessman Low Taek Jho or Jho Low.

Husni, 70, said he would have taken immediate action, claiming it would have affected the financial position of the government.

The 20th prosecution witness said when he got to know that the money was transferred out to Good Star Limited and not directly to PetroSaudi International (PSI), he had asked Datuk Seri Najib Razak, but the former prime minister kept quiet and he did not react or take any action over the matter.

“If I were the top leader, I would have been shocked and I would have taken action. But he seemed relaxed,” said the witness when cross-examined by Najib’s lead counsel Tan Sri Muhammad Shafee Abdullah at Najib’s trial on the misappropriation of RM2.3 billion in funds from 1MDB. 

Previously, the court was told that the US$700 million was transferred on Sept 30, 2009 into Good Star Limited.

“Datuk Seri Najib never worried about that matter. I met him several times, but no action was taken by him,” said Husni.

Shafee: “As a PM, without the engagement of the company, how could he have taken action?”

Husni: “He can call the management, can remove them (management). But, no action also. Tapi dia relax je (but he seemed relaxed).”

Apart from that, the witness also testified that Najib had the power to decide on everything related to 1MDB, including the approval of investments.

Najib, 68, is facing four charges of using his position to obtain bribes totalling RM2.3 billion from 1MDB funds and 21 charges of money laundering involving the same amount.

The trial before Judge Datuk Collin Lawrence Sequerah continues tomorrow. – Bernama, June 22, 2022

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