Najib didn't know balance but had a sense there's money in his account
Najib told the court today he had next to no knowledge of the funds in his account when issuing cheques amounting to millions of ringgit.
Najib ordered appointment of SRC directors, transfer of RM1.8b even before 1MDB’s board approval secured
A directors’ circular resolution (DCR) from 1MDB’s board dated Oct 11, 2011 that bore the signatures of 1MDB directors Tan Sri Lodin Wok Kamaruddin, Tan Sri Ismee Ismail, Datuk Shahrol Azral Ibrahim Halmi, Tan Sri Ong Gim Huat and Ashvin Jethanand Valiram was attached with a special rights redeemable preference shareholder’s resolution in writing dated Sept 15, 2011 that bore Najib’s signature.
Najib unsure of his own signatures in SRC documents
He maintained that there is a need for a writing expert to verify the authenticity of the documents and the signatures.
Goldman-1MDB case transferred to High Court
Deputy Public Prosecutor Norinna Bahadun had applied to have the case against Goldman Sachs International and Goldman Sachs (Asia) LLC tried at the High Court.
Najib allowed access to 17,000 'Justo documents' by High Court
In hearing the application put forth by Najib's lawyers, Justice Collin Lawrence Sequerah ruled that the defence be given access to the documents, which are currently being held by the Malaysian Anti-Corruption Commission (MACC).
Najib: SRC should have brought money back to Malaysia, not me
He said this in reply to Thomas' retort during the cross-examination, as the latter accused Najib of doing nothing when the funds were revealed to be transferred overseas.
Najib 'didn't know' where SRC funds went
Najib said the movement of the money was an operational matter, and that as the Finance Minister and advisor emeritus of SRC, he was only concerned with policy matters.
Decisions to seek initial RM3.95b KWAP loan made before SRC directors formally appointed
As such, Thomas alleged that the decisions were made solely on Najib's directives without going through any board of directors.
Najib insists its up to KWAP to give RM2b loan to SRC
This is despite attorney-general Tan Sri Tommy Thomas bringing out the KWAP investment paper to the board that initially recommended a RM1 billion cap, followed by minutes of the second meeting by the fund’s investment panel where its chairman Tan Sri Wan Abdul Aziz Wan Abdullah said Najib had told him that “RM2 billion was sufficient”.
Najib: We need an expert witness because my signature was forged
He questioned the authenticity of some 15 documents that had been tendered in court, which he initially agreed contain his signature, but now questioned their authenticity.
