A TOTAL of RM42 million flowed from SRC International subsidiary, Gandingan Mentari into Najib Razak’s accounts between late 2014 and early 2015, a bank manager told the Kuala Lumpur High Court today. 

Noorhayati Mohd Yunus, who is Affin Bank branch manager (services) at The Curve, Petaling Jaya, testified that a total of RM50 million was transferred from Gandingan Mentari to SRC International’s corporate responsibility arm Ihsan Perdana during the same period. 

The balance of RM8 million that did not go into Najib’s accounts was credited to Mail Global Resources Sdn Bhd on December 29, 2014, Noorhayati said, corroborating the testimony of Affin Bank processing officer Rosaiah Mohamed Rosli last week.
  
Noorhayati said RM40 million was transferred from Gandingan Menteri into Ihsan Perdana’s current account No. 106180001108, on December 24, 2014.

Two days later, on December 26, RM27 million was transfered from Ihsan Perdana into Najib’s personal AmBank account, No. 2112022011880, Noorhayati testified, referring to a credit confirmation advice printout as evidence. 

On the same day, RM5 million was transferred from Ihsan Perdana into another personal Ambank account of Najib,  No. 2112022011906.

On February 5 and 6, 2015, two transactions of RM5 million each were made from Gandingan Mentari into Ihsan Perdana’s current account with a number ending in 108.

Days later, a total of RM10 million was transferred from Ihsan Perdana to Najib’s personal account with a number ending in 880.

Noorhayati testified that each transaction was prepared and verified by a teller, the customer support office and herself as the bank manager. 

She told the court that Ihsan Perdana used to be known as Gem Horizon Sdn Bhd (911851-M). Gem Horizon’s current account with Affin Bank, No. 101180011300, was opened on August 5, 2011.

That account is still active, Noorhayati told the court.

Ihsan Perdana’s other current account, No. 106180001001 was opened on January 5, 2012 while the account ending in 108 that was used for the RM50 million in transactions, was opened on June 1, 2012. These accounts are also still active, Noorhayati said.

During cross-examination by defence lawyer Farhan Read, Noorhayati said she has no knowledge of whether the source of the RM50 million in transfers was SRC International, which owned Gandingan Mentari.

Noorhayati did not indicate whether she knew Gandingan Mentari was a subsidiary of SRC International.

Noorhayati confirmed that Ihsan Perdana had issued 10 cheques to Mail Global Resources, which were cleared on February 17, 2015. She also confirmed that a Dennis See from the company signed a receipt letter the previous day.

Najib faces three counts of criminal breach of trust, three counts of money-laundering and one count of abuse of power over the RM42 million he allegedly received into his personal accounts. 

The money, witnesses testified, came from a RM4 billion loan funnelled to SRC International from Retirement Fund Inc (KWAP). 

Najib is represented by a dozen lawyers led by Muhammad Shafee Abdullah.

Attorney-General Tommy Thomas is leading the prosecution while Justice Mohd Nazlan Mohd Ghazali is presiding.

The trial continues tomorrow. – May 6, 2019.