Bank manager tells all on Najib’s multimillion fund transactions

by RAHIMI YUNUS / pic by MUHD AMIN NAHARUL

A BANK manager told the Kuala Lumpur High Court yesterday that former Prime Minister Datuk Seri Mohd Najib Razak had multimillion fund transfers to and from his accounts in an extensive money trail.

On the eighth day of Najib’s trial in relations to SRC International Sdn Bhd, the prosecution’s 21st witness R Uma Devi, a manager at Ambank Group’s branch in Jalan Raja Chulan, testified that Najib had five accounts with the bank between 2011 and 2015.

She said Najib had four current accounts and a savings account with the bank. On Najib’s accounts, Uma told the court that three tranches of RM27 million, RM27 million and RM10 million were credited into one of the accounts between July 8, 2014, and Feb 10, 2015.

The final two tranches amounting RM27 million and RM10 million were from Ihsan Perdana Sdn Bhd, while the source of the first RM27 million credit was not identified in the proceedings yesterday.

Uma also verified funds were transferred out of the account between July 8, 2014, and Feb 10, 2015, to another account owned by Najib himself at the same bank and an account belonging to Permai Binaraya Sdn Bhd.

One of the transactions was an amount of more than RM3.28 million, executed on Aug 13, 2014, meant for debit instructions of Visa and Mastercard credit cards.

Uma said AmBank (M) Bhd received the debit instructions from Nik Faisal Ariff Kamil, the authorised personnel appointed by Najib for the account.

Permai Binaraya received a RM27 million payment on Dec 29, 2014. Uma also testified on transactions in and out of another of Najib’s account at AmBank.

For that particular account, Uma verified six transfers, ranging from RM1 million to RM10 million, between July 8, 2014, and Feb 10, 2015, involving Najib’s other account and Ihsan Perdana.

Najib issued 14 cheques from this account to beneficiaries such as legal firm Hafarizam Wan & Aisha Mubarak (RM3.5 million), Penang Umno liaison (RM1 million), Johor Baru Umno (RM300,000), Asmadi Abu Talib (RM50,000), trustees of Rumah Penyayang Tun Abdul Razak (RM400,000) and Lim Soon Peng (RM238,914).

Uma read a written testimony of 45 pages comprising more than 100 paragraphs. The lead defence counsel Tan Sri Muhammad Shafee Abdullah requested for a break due to the lengthy testimonial.

Earlier in the proceedings, Uma testified on two tranches of RM2 billion each credited into SRC International’s accounts in 2011 and 2012.

She also testified on three transfers of RM40 million (Dec 24, 2014), RM5 million (Feb 5, 2015) and RM5 million (Feb 6, 2015) from SRC International to Gandingan Mentari Sdn Bhd’s account, on instructions by Nik Faisal and Datuk Suboh Md Yasin.

The same amounts were transferred out — on the same respective dates — from Gandingan Mentari to Ihsan Perdana’s Affin Bank Bhd’s accounts.

The transfers were earlier testified by the prosecutor’s 20th witness Rosaiah Mohamed Rosli, an Affin Bank processing officer.

The transfers were executed via RENTAS (Real-time Electronic Transfer of Funds and Securities System).

During the cross-examination, the defence highlighted another RM53 million was credited to Ihsan Perdana’s Affin Bank account in three tranches of RM40 million, RM10 million and RM3 million, whereby portions of the amount were debited via unidentified cheque issuances. Earlier, the prosecution’s 18th witness Ashraf Abdul Razak, a former partner at Zulqarnain & Co, testified that the legal firm received RM2.5 million in 2015.

At the material time, Ashraf said he was instructed by his client, Habibul Rahman Kadir Shah to manage the RM2.5 million cheque that was said to have been received for a defence contract.

Ashraf said parts of the monies were disbursed in stages to various parties including the legal firm, Habibul Rahman’s wife and kids, and Ashraf himself to expedite the process.

Ashraf said he did not question the source of the cheque due to his client’s corporate stature who held several directorships in government-linked companies.

Ashraf said Habibul was involved with his company, Fuel Subs House Sdn Bhd, for a tender to manage fuel subsidy.