Asia Malaysia FBI testimony and Najib's upcoming court appeal

FBI testimony and Najib’s upcoming court appeal

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Despite his party’s victory in the Johor elections, Najib is in even greater jeopardy, it seems. Besides having his final court appeal in the SRC International coming up soon, a FBI testimony in a 1MDB trial in New York is not helping him.

In Tuesday’s (March 15) hearings, the Pekan MP is challenging the Court of Appeal’s denial of his effort to introduce fresh evidence in his SRC International appeal.

On December 1, last year, Najib filed an application with the Court of Appeal requesting that the viva voce (oral evidence) of Malaysian Anti-Corruption Commission (MACC) chief commissioner Datuk Seri Azam Baki be taken for the purpose of his SRC International appeal at the appellate court.

Najib wanted the court to admit a news statement issued by the MACC on November 19, 2021, on the recovery of 1MDB fund assets from Singapore, where US$15.4 million (RM64.83 million) had been repatriated linked to an account of Cutting Edge Industries Ltd.

Datuk Dr Tawfiq Ayman, the spouse of former Bank Negara governor Tan Sri Zeti Akhtar Aziz, was reported to own the firm.

Najib’s motion was denied by the appellate court on December 7. The court said Najib had failed to show highly unusual circumstances for the evidence to be adduced.

The former Prime Minister’s main appeal is against his conviction and punishment for stealing RM42 million from SRC International Sdn Bhd.

Nonetheless, an FBI agent testified in a US court that Najib Razak received USD756 million from 1MDB (about RM3.18 billion presently).

According to Bloomberg, agent Eric Van Dorn made the disclosure yesterday, 14 March, during a trial in federal court in Brooklyn, New York, against former Goldman Sachs banker Roger Ng.

Aside from Najib, Van Dorn told the jury that fugitive financier Low Taek Jho, also known as Jho Low, misappropriated USD1.42 billion (about RM5.97 billion) from 1MDB.

The massive cash was stolen through bond transactions facilitated for the Malaysian wealth fund by Goldman Sachs Group Inc.

Meanwhile, the court heard that Khadem al-Qubaisi, the former managing director of Abu Dhabi’s state-owned International Petroleum Investment Co, got USD472.8 million (about RM1.99 billion) from the agreement.

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