SRC appeal: Najib's deferred gratification is irrelevant, says prosecution
The prosecution asserted that the evidence of his conduct had established the former prime minister's clear initial plan to swindle money from the company.
The prosecution asserted that the evidence of his conduct had established the former prime minister's clear initial plan to swindle money from the company.
Prosecutor Datuk V Sithambaram said the fact that Najib chaired the Cabinet meetings showed that he was indeed personally involved in the decisions to grant the GGs for KWAP’s loan to 1Malaysia Development Bhd's (1MDB) former subsidiary SRC.
The country has been recording four-digit new cases every day for over four months now.
The health ministry has also identified nine new infection clusters today, with six involving workplaces while three were classified as community clusters.
The Court of Appeal today, led by Justice Datuk Suraya Othman, had given the prosecution three working days to deliver the relevant document to the defence
The CCTV video clips, which had a total run time of about one hour, were shown in court by the prosecution through its eighth witness Malaysian Anti-Corruption Commission (MACC) forensic officer Badri Azni, who confirmed the authenticity of the videos.
The three-member bench led by Chief Judge of Malaya Tan Sri Azahar Mohamed unanimously upheld the ruling made by the Court of Appeal on June 23, 2020, as well as the decision made by Kuala Lumpur High Court judge Justice Collin Lawrence Sequerah on Nov 8, 2019 on this application.
In BNM’s Financial Stability Review for Second Half 2020 report released today, the central bank said that a concern over high household debt is that it may lead to rapid deleveraging by households in the aftermath of a crisis, thus dampening or derailing the economic recovery.
Anina said she did not intend to challenge the injunction order.
Besides bank statements, Najib’s lawyers are also seeking declarations of the identities of the companies’ beneficial owners, registers of members of the companies, registers of directors of the companies, as well as correspondence between the banks and the companies in respect of their transactions, including emails, telegraphic transfers, remittance form, payment advice, transaction report, payment order, credit advice and bank memos.