Agreement is no carte blanche says Najib
Testifying in his defence, Najib said there were instances where he wrote ‘bersetuju” (agree) but the officers did not support his decision.
Testifying in his defence, Najib said there were instances where he wrote ‘bersetuju” (agree) but the officers did not support his decision.
Verokey and Tower Ray inked a non-binding heads of terms agreement today with Hero Inc Ltd, Staycity Ltd and BSW Land and Property Ltd, who want to buy their entire stakes in Black Pearl.
In his opening speech outlining the defence case today, Shafee said his team will also prove that the surrounding circumstances has led Najib to believe that fugitive businessman Low Taek Jho, or Jho Low, was a close associate to the royal family of Saudi Arabia.
Najib said this on his first day of giving testimony in his SRC trial at the High Court.
His lead counsel Tan Sri Muhammad Shafee Abdullah told a press conference that two of these unnamed individuals were from Saudi Arabia while the other two were from Abu Dhabi.
"I understand that Jho Low was chosen as the advisor to the chairman of TIA board of advisors, who was Sultan Mizan himself," he said.
Ambank's senior vice president of credit card authorization and fraud control said the couple never disputed any of the transactions recorded under these cards.
The following is Tan Sri Muhamad Shafee Abdullah's opening statement in the defence case of Najib's SRC trial, reproduced in full.
This means that Najib is liable to be cross-examined by the prosecution -- led by Attorney General Tan Sri Tommy Thomas -- that comprise appointed prosecutor Datuk V Sithambaram and other deputy public prosecutors.
Crest Builder said the preliminary plans for the land is a mixed-development of three blocks of residential serviced apartments and retail shop lots with the gross development value estimated to be above RM500 million.