A KEY prosecution witness in the RM42 million SRC International case against Najib Razak has come home from Bangkok after three months on the run, The Sun Daily reported.
A Malaysian Anti-Corruption Commission task force had persuaded the man, who operates a currency exchange business, to return home last week, the daily reported, citing unnamed sources.
The paper reported that the man was remanded for a week and had since then agreed to be the prosecution’s key witness.
The man, in his fifties, was reported to have aided transfers of millions of ringgit in funds linked to 1Malaysia Development Bhd and its former subsidiary, SRC International Sdn Bhd.
He was also suspected to have been engaged by Penang-born businessman Low Taek Jho for his services.
The daily reported that the man fled Malaysia in mid-May after enforcement authorities announced they would begin investigations into misappropriation of the state wealth fund.
Najib is facing multiple counts of money-laundering and criminal breach of trust.
Prosecutors accused Najib of misusing his position as a government official to accept a bribe as an inducement to provide a sovereign guarantee on behalf of the Malaysian government for a RM4 billion loan from Retirement Fund Inc to SRC International.
He was charged in July and August for criminal offences that could see him face a jail sentence of up to 125 years if found guilty on all seven charges, and if his sentences are to run consecutively.
The previous attorney-general, Apandi Ali, cleared Najib of wrongdoing in relation to 1MDB in 2015. – September 6, 2018.
Comments
Posted 5 years ago by Richard L · Reply