The first of Datuk Seri Najib Razak’s trials in relation to scandal-ridden fund 1Malaysia Development Bhd began last Wednesday (April 3), despite efforts to delay the trial.
The ex-Prime Minister has gone to court to face seven charges over the misappropriation of RM42 million from SRC International Sdn Bhd, a former subsidiary of 1MDB.
With around 7,000 pages of documents, possibly up to 60 witnesses, 26 lawyers and seven charges, it may be challenging to follow the case.
Here’s who and what you need to know to follow Najib’s SRC trial.
High Court Judge:
Mohd Nazlan Mohd Ghazali
Datuk Seri Najib Razak
Charges and punishment if convicted:
A) One charge under Section 23 of the MACC Act 2009 for abuse of position;
Being a public official — the Prime Minister and Minister of Finance — Najib was charged with using his position to commit bribery involving RM42 million when he participated in or was involved in a decision on behalf of the Malaysian Government to provide Government guarantees for loans from the Retirement Fund Incorporated to SRC International amounting to RM4 billion
He is alleged to have committed the crime at the Prime Minister’s Office, Precinct 1, Putrajaya, Federal Territory of Putrajaya, between Aug 17, 2011, and Feb 8, 2012.
Law: Section 23(1) of the MACC Act 2009, punishable under Section 24 of the same Act
Punishment if convicted: Jail term of up to 20 years and a fine of not less than five times the amount or value of the bribe or RM10,000, whichever is higher.
B) Three charges under Section 409 of the Penal Code for criminal breach of trust;
On the first count, Najib was accused of, as a public servant and agent, namely the Prime Minister and Finance Minister and adviser emeritus to SRC, and in those capacities entrusted with the control of funds belonging to SRC totalling RM4 billion, having committed CBT involving a sum of RM27 million.
On the second count, Najib was charged with, as the Prime Minister and Finance Minister with control over SRC funds totalling RM4 billion, committed CBT involving RM5 million at the same place and during the same time frame.
On the third count, Najib was charged with, being the Prime Minister and Finance Minister entrusted with SRC-owned funds of RM4 billion, committed CBT involving RM10 million at the same place between Feb 10, 2015 and March 2, 2015.
He is alleged to have commited the offence at AmIslamic Bank Bhd, Ambank Group Building, 55 Jalan Raja Chulan, Kuala Lumpur, between Dec 24, 2014, and Dec 29, 2014.
Law: Section 409 of the Penal Code
Punishment if convicted: Maximum jail term of up to 20 years, whipping and a fine
C) Three charges under Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 for money laundering
Najib is alleged to have received RM27 million, RM5 million and RM10 million, which were proceeds from unlawful activities, via Real Time Electronic Transfer of Funds and Securities (Rentas) into two AmIslamic Bank Bhd acconts of his bearing the numbers 2112022011880 and 21122022011906.
He is alleged to have committed the offences at AmIslamic Bank Bhd, 55 Jalan Raja Chulan, Kuala Lumpur, between Dec 26, 2014, and Feb 10, 2015.
Law: Section 4(1)(b) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001 which provides for the penalty under Secton 4(1) of the same Act.
Punishment if convicted: Maximum 15 years’ jail, and fine up to RM5 million or five times the amount, whichever is higher, for each charge.
1. Tommy Thomas
2. Datuk Sulaiman Abdullah
3. Datuk V SithambarAM
4. Manoj Kurup
5. Datuk Suhaimi Ibrahim
6. Datuk Ishak Yusoff
7. Donald Joseph Franklin
8. Sulaiman Kho Kheng Fuei
9. Muhammad Saifuddin
10. Hashim Musaimi
11. Muhammad Izzat Fauzan
12. Budiman Lutfi Mohamed
13. Mohd Ashraf Adrin Kamaril
1. Tan Sri Muhammad Shafee Abdullah
2. Datuk Mohd Yusof Zainal Abiden
3. Datuk Kamarul Hisham Kamaruddin
4. Datuk Chong Loong Men
5. Harvinderjit Singh
6. Devanandan S Subramaniam
7. Farhan Read
8. Wan Aizuddin Wan Mohammed
9. Rahmat Hazlan
10. Muhammad Farhan Shafee
11. Tiara Katrina Fuad
12. Nur Syahirah Hanapiah
13. Zahria Eleena Redza
Najib’s next court hearing is fixed for April 15. You can follow our live coverage here.
Source : TheEdgeMarkets