News by Emir Zainul

"I cannot explain this. I am utterly shocked that the bank deals with Jho Low although the power was only given to [former SRC International Sdn Bhd managing director] Nik Faisal Ariff Kamil. I have never allowed Jho Low to deal with the bank over my banking accounts and I was not informed [about] this," said Najib.

Najib said he believes that Azlin may have been told about the additional monies from fugitive financier Low Taek Jho, who is better known as Jho Low.

He was reading out his witness statement in the High Court yesterday, where he also refuted earlier testimonies saying that he would give directions to the board through SRC’s former chief executive officer and managing director Nik Faisal Ariff Kamil, who was the sole link between the two parties.

During his examination-in-chief by defence lawyer Rahmat Hazlan today, Najib testified that King Abdullah had donated US$800 million through a series of transactions from Tanore Finance Corp into his AmBank account in early 2013, as a "gift that I can spend at my absolute discretion".

"I found that Jho Low was successful in collaborating with the Arabs and Khazanah Nasional Bhd in the Iskandar Development," said Najib. 

Najib said this when testifying on the witness stand in his SRC International Sdn Bhd trial to questions from his lawyer Wan Aizuddin Wan Mohammed.

"I never directed the board of directors on the same matter. I was not in any position to micro-manage any MoF Inc company, including SRC. Furthermore, SRC was not the only MoF Inc company that [was] involved in national interest at that time. There was no reason for me to direct the SRC board of director through Nik Faisal," he said.

The original copies of these documents were, however, not tendered as evidence before High Court judge Mohd Nazlan Mohd Ghazali.

“My only interest in the SRC is that it is in the national interest,” he told the High Court here today, as he took the witness stand to make a sworn statement after Justice Mohd Nazlan Mohd Ghazali ruled a prima facie case was established by the prosecution in the trial for alleged misappropriation of RM42 million in SRC.

Testifying in his defence, Najib said there were instances where he wrote ‘bersetuju” (agree) but the officers did not support his decision.