THE man who can connect the dots on how some RM42 million ringgit flowed from a state company into Najib Razak’s personal bank accounts was questioned by anti-graft investigators yesterday.

The news of Shamsul Anwar Sulaiman hauled in by the Malaysian Anti-Corruption Commission (MACC) investigators could be bleak for the former prime minister as he prepares to face questioning and possibly even arrest when he reports to the anti-corruption commission office this morning.

Shamsul was the managing director of Insan Perdana, a company that conducted corporate social responsibility programmes for a foundation linked to 1Malaysia Development Berhad (1MDB). 

Investigators believe that SRC International transferred RM42 million into Najib’s bank accounts between December 2014 and February 2015 via its subsidiaries, Ihsan Perdana and Gandingan Mentari. 

Prosecutors are trying to establish how Najib abused his position as finance minister to ensure the SRC obtained loans from another government agency, and ultimately channelled part of those funds to his personal account through a series of financial transactions. 

The Straits Times Singapore reported that building a case against Najib on the 1MDB debacle could take several months, given the complexity of the transactions involved.

However, the case around SRC is easier to make as much of the investigations had been completed in 2015 before the then attorney-general Abdul Gani Patail was removed. 

SRC was established in 2011 as a subsidiary of 1MDB. The seed capital in the form of an RM4 billion loan came from the civil servants’ pension fund KWAP. – May 22, 2018.