Najib found guilty of power abuse, CBT and money laundering in misappropriating RM42m from SRC


FORMER Prime Minister Datuk Seri Mohd Najib Razak (picture) has been found guilty of all charges on power abuse, criminal breach of trust (CBT) and money laundering involving RM42 million funds misappropriated from SRC International Sdn Bhd.

Kuala Lumpur High Court Judge Mohd Nazlan Mohd Ghazali delivered his verdict that the prosecution has successfully proven its case beyond reasonable doubts and the defence failed to raise reasonable doubts on all the charges

Najib had been slapped with three counts of criminal breach of trust, three counts of money laundering and one count of abuse of position to the SRC International funds totalling RM42 million entered his accounts.

Mohd Nazlan dismantled every arguments made by the defence, including the RM4 billion loaned to SRC International, Arab donations, the role of fugitive businessman Low Taek Jho, or Jho Low, and the utilisation of the proceeds purported for corporate social responsibilities.

At least 500 supporters of Najib gathered in front of the court’s gate as they were not allowed to enter the ground.

The mass gathering had raised alerts on the lack of social distancing seen among the supporters amid the Covid-19 outbreak.

The police then dispersed the crowd.

The court has not meted out sentences yet as Najib’s defence is applying for a plea in mitigation.