News by Hafiz Yatim

The forfeiture action is against assets said to be from funds illegally gained from 1MDB. 

This is in relation to jewellery, cash, handbags and luxury vehicles said to have been bought using 1MDB funds.

The 29th and 30th prosecution witness namely former KWAP assistant vice president Amirul Imran Ahmat, and Affin Bank's branch manager Norhayati Mohd Yunus are expected to be cross examined today.

The approved loan was to be used for general investment "without limitations".

The hearing enters its 13th day today, and it is expected that the testimony of former KWAP assistant vice-president for Fixed Income Department Amirul Imran Ahmad over the remaining RM2 billion loan out of the total RM4 billion that KWAP gave to SRC International will be heard.

This followed a letter declaring the government was providing a guarantee for the loan — ex-KWAP official

Testifying before the court for the SRC International Sdn Bhd hearing today, the trial's 27th prosecution witness deputy accountant at the Prime Minister's Department, Putrajaya, Zarina Yusuf said Najib's last drawn salary in May 2018 was RM1,017,014.39.

This is the second time Justice Sequerah vacated fixed hearing date to make way for the hearing of Najib's SRC International Sdn Bhd case.

Najib will appear at the court of High Court judge Justice Collin Lawrence Sequerah as the prosecution has submitted a motion to be heard first today.

An amount totalling US$681 million was allegedly deposited into Najib's accounts.