Najib received nearly RM400 million from Saudi prince, says MACC officer 

Bede Hong Timothy Achariam Bede Hong, Timothy Achariam Updated 6 years ago · Published on 22 Aug 2019 2:06PM · 6 Comments

The court hears today that Najib Razak received nearly RM650 million from Saudi authorities when he was the prime minister. – The Malaysian Insight pic by Afif Abd Halim, August 22, 2019.

FORMER prime minister Najib Razak received close to RM400 million from a Saudi prince in 2011, an anti-graft investigating officer told the Kuala Lumpur High Court today. 

Malaysian Anti-Corruption Commission assistant commissioner (special operations) Rosli Husain said investigations showed that RM396 million was transferred into Najib’s private AmBank account ending “694” and that the money originated from Prince Faisal Turki Al Faisal Al Saud. 

During cross-examination by defence counsel Harvinderjit Singh, Rosli also confirmed that the Saudi Finance Ministry transferred RM243 million more into Najib’s accounts. 

In September last year, Najib posted on Facebook a purported letter from Saudi Prince Saud Abdulaziz Al-Saud dated February 1, 2011 acknowledging that the former prime minister was gifted with US$100 million (RM400 million) in recognition of his “contribution to the Islamic world”.

Prince Faisal was formerly reported to have been connected to Blackstone Asia Real Estate Partners, a 1MDB-linked company mentioned in court.

Najib, in another Facebook post later that month, said the late King Abdullah of Saudi Arabia had given him the donation to combat an uprising in Malaysia similar to the Arab Spring, which saw several leaders of Arab-Muslim countries toppled in the Middle East.

Najib posted three documents allegedly from King Abdullah, one bearing the words “Recognition of Contribution to the Islamic World” and dated February 1, 2011.

“The king was concerned after knowing there was the possibility of a Malaysian Spring, as Malaysia was also a Muslim country although it was not in the Middle East or Africa,” Najib said last year. 

“Due to these concerns as well as our close relationship, in early 2011, the king promised to prepare funds for me and the party to be used in Malaysia,” he said.

Najib’s seven criminal charges are linked to RM4 billion in loans issued to the entity in 2011 and 2012, for which he is accused of receiving RM42 million in his accounts in 2014 and 2015. – August 22, 2019.

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Comments

  • The explanation of accepting foreign funds to influence the political situation in Malaysia does not exonerate Najib but rather condemns him. The Arab Spring was a movement to bring democracy to countries under dictatorship. And generally it was dictators at risk. Did Najib think he qualified?

    Posted 6 years ago by Malaysia New hope · Reply

  • Nobody will give anybody RM400million in this world. As a PM it's totally wrong to receive such a big sum of money in his personal account in any form of purpose. This is totally unethical and can be deemed as corrupt practices. To avoid this form of corrupt practices, decentralize the PM absolute authority to a team decision process like most MNC has incorporated with their tiger team decision making process. No single individual with whatever top position has no authority to overthrow or over rule a team decision. The team members would have all stakeholders relevant to the decision to be made, so practically there is no oversight of interest of related departments.

    Posted 6 years ago by James Wong · Reply

  • Prince Faizal the crrook

    Posted 6 years ago by Kalai Chelven · Reply

  • This 400million is a red herring. It has nothing to do with the 42m from SRC International. Is Najib's contention that he receives so much money in his account he cannot be expected to know the details of who transferred what, when and how much into his account. Was he not the finance minister? if he cannot manage his own accounts to ensure that the proprietoriness of source of funds, how was he managing the treasurey and the public monies.

    Posted 6 years ago by Michael Raj · Reply

  • The king must be fooled to believe that an uprising is possible in Malaysia. Such thing never crossed the mind of anyone of us, why of a KING?

    Posted 6 years ago by Tanahair Ku · Reply

  • Is this an admission that Najib acted as a foreign agent? In his role then, was he a traitor to the nation and deserves the death penalty?

    Posted 6 years ago by Yoon Kok · Reply