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Day 19 of Najib's SRC trial: Cross-examination of Ihsan Perdana MD to continue

 

KUALA LUMPUR (May 28): The Datuk Seri Najib Razak RM42 million SRC International Sdn Bhd trial continues today after a week of non-proceedings with his lawyers to continue cross-examining Datuk Dr Shamsul Anwar Sulaiman.

Dr Shamsul, 58, who is Ihsan Perdana Sdn Bhd managing director, had testified that he was asked by Yayasan Rakyat 1Malaysia (YR1M) chief executive officer Ung Su Ling to transfer sums of RM27 million and RM5 million on Dec 26, 2014 and another RM10 million on Feb 10, 2015, to AmPrivate Banking accounts ending 880 and 906.

Ihsan Perdana is the corporate social responsibility arm of 1Malaysia Development Bhd (1MDB) and later SRC.

The 37th prosecution witness who is also an Umno Youth leader said he initially did not know who owned the accounts, but discovered that they belonged to Najib after he was remanded.

He testified during the trial that had he known the accounts were owned by the former premier, he would not have transferred the money to them.

He also told the High Court, presided by Justice Mohd Nazlan Mohd Ghazali, that before the transfer to Najib's accounts were made, YR1M project director Dennis See Thuan Buan had met him to inform Dr Shamsul that Ihsan Perdana's account would be used to hold some money before the funds were transferred out.

So far it has been established by the prosecution that the money to Ihsan Perdana was transferred from Gandingan Mentari Sdn Bhd, a subsidiary of SRC.

SRC had in turn transferred the funds to Gandingan Mentari.

The witness also told the court during cross-examination by Najib's lead counsel Tan Sri Muhammad Shafee Abdullah that the words used in his witness statement were his own and not written by the Malaysian Anti-Corruption Commission.

Najib is facing seven charges, namely three counts of criminal breach of trust, one count of abuse of power and three counts of money laundering involving SRC funds of RM42 million.

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