KUALA LUMPUR, Aug 28 — Tan Sri Zeti Akhtar Aziz today stressed that AmBank Group’s managing director did not tell her in 2011 that then prime minister Datuk Seri Najib Razak...
KUALA LUMPUR, Aug 28 — Tan Sri Zeti Akhtar Aziz today stressed that AmBank Group’s managing director did not tell her in 2011 that then prime minister Datuk Seri Najib Razak was expecting a US$100 million donation from Saudi Arabia into his newly-opened AmBank account.
Zeti agreed with Najib’s lead defence lawyer Tan Sri Muhammad Shafee Abdullah’s suggestion that a finance minister or even the prime minister can open a bank account in his personal name, agreeing with Shafee that there is “nothing wrong” with this but that banks have to be alerted as such individuals are politically exposed persons.
Zeti said that Cheah had informed her that Najib’s account would be given a “code” name which captures both overseas transactions of money going in and out of bank accounts, and that Cheah did not mention anything else in that January 2011 meeting. She also said the fact that a code was wanted for Najib’s account “did not seem unusual” as this happened during the time when there were several cases of banking staff having divulged information on personal bank accounts.
When Shafee suggested that Cheah also told Zeti that “Datuk Seri Najib was going to receive initially a US$100 million as donation from Saudi Arabia”, Zeti replied: “He did not.”
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