SRC appeal: Prosecution begins submissions, says Najib had personal interest in former 1MDB unit

PUTRAJAYA (April 14): The prosecution in the hearing of ex-prime minister Datuk Seri Najib Razak’s appeal here today against his conviction and sentencing with regard to the SRC International Sdn Bhd case, indicated that there is clear evidence Najib had a personal interest in SRC when he chaired two Cabinet meetings that deliberated over and approved the application for government guarantees (GG) linked to Retirement Fund (Incorporated)’s RM4 billion loan to SRC.

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1MDB ex-CEO: Najib pressured me to replace 1MDB auditor

KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had pressured former 1Malaysia Development Bhd (1MDB) chief executive officer Mohd Hazem Abdul Rahman (pictured) to request audit firm KPMG to conclude the audit of the state fund’s financial statements for 2013 despite certain irregularities it found, the High Court heard today.

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1MDB funds were used for Umno's election campaign during GE13, ex-CEO claims

KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had used part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) — initially intended for the development of the Tun Razak Exchange (TRX) — to acquire land in Ayer Itam, Penang as part of Umno’s campaigning leading up to the 2013 General Elections (GE13), the High Court heard today.

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