KUALA LUMPUR, June 20 — Datuk Seri Najib Razak’s two AmIslamic bank accounts that were under the codename of “AmPrivateBanking-MR” and “AmPrivateBanking-1MY” had...
KUALA LUMPUR, June 20 — Datuk Seri Najib Razak’s two AmIslamic bank accounts that were under the codename of “AmPrivateBanking-MR” and “AmPrivateBanking-1MY” had received a total of US$731 million and £9.45 million in 12 transactions from overseas account from 2011 to 2014, the High Court has heard.
Today, Wedani verified the remaining seven of 12 transactions where money had flowed into Najib’s accounts from 2013 to 2014, including a US$61 million sum from Tanore’s Falcon Private Banking account via the Wells Fargo Bank’s New York branch to Najib’s “AmPrivateBanking-MR” on March 25, 2013 . Today, Wedani also confirmed an August 21, 2013 letter from Najib to AmIslamic Bank’s Jalan Raja Chulan branch manager, instructing for money to be transferred out from his “AmPrivateBanking-MR” account to Tanore’s Falcon Private Bank account in Singapore with the number “8550299001”.
AmBank Remittance Centre manager Wedani Senen is seen at the Kuala Lumpur High Court April 30, 2019. — Picture by Ahmad Zamzahuri Confirming that this account was known as “AmPrivateBanking-MR” after 2011, she confirmed however that any staff in the crediting department would know Najib received the money if money goes into this account as the thermal slip would carry Najib’s name.
On the first day of trial, the prosecution had said it would show that 1MDB funds had been transferred in multiple transactions to Najib’s accounts, namely US$20 million equivalent to RM60,629,839.43 or over RM60 million from the first phase of the 1MDB scheme, US$30 million equivalent to RM90,899,927.28 or over RM90 million , US$681 million equivalent to RM2,081,476,926 or over RM2 billion , and transactions in pounds sterling that were equivalent to RM4,093,500 and RM45,837,485.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US$61 million and £9.46 million flowed into Najib’s private account, banker says | The Malaysian InsightWedani Senen says all funds were channelled through seven different transactions.
Read more »
US$61 million and £9.46 million flowed into Najib’s private account, banker says | The Malaysian InsightWedani Senen says all funds were channelled through seven different transactions.
Read more »
Bank officer: US$61m, £9.4 million went into Najib’s accountsMoney transferred from Jho Low-linked companies in British Virgin Islands.
Read more »
1MDB trial: Court hears of large foreign currency deposits in Najib's accountsKUALA LUMPUR: Former prime minister Datuk Seri Najib Razak received US$61mil and £9.46mil in his personal bank accounts in 2013 and 2014 through overseas transactions from a company linked to fugitive businessman Low Taek Jho or Jho Low, the High Court here heard.
Read more »
Roger Ng's 1MDB trial in Malaysia postponed pending US sentencingKUALA LUMPUR, June 20 — The case of former Goldman Sachs banker Roger Ng Chong Hwa Kes involving the sale of security notes and bonds valued at US$6.5 billion belonging to a...
Read more »
Pengerang Energy Complex to receive US$2.4b funding by year-end, says ChemOneKUALA LUMPUR, June 20 — ChemOne Group has announced that the Pengerang Energy Complex (PEC) project is on track to receive export guarantee facilities of around US$2.4 billion...
Read more »