Datuk Seri Najib Razak is accountable for his every action as the prime minister, finance minister and chairman of the board of advisors of 1Malaysia Development Bhd (1MDB), the High Court was told on Friday (Jan 26).
Malaysian Anti-Corruption Commission (MACC) senior officer Nur Aida Arifin testified that Najib, or the 1MDB management, had never made a complaint to the police or the MACC to investigate the misappropriation of 1MDB funds, and that 1MDB funds had been swindled since 2009, yet no legal action was taken against fugitive businessman Low Taek Jho, better known as Jho Low, or any other parties over the crime.
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Malaysian Anti-Corruption Commission (MACC) senior officer Nur Aida Arifin testified that Najib, or the 1MDB management, had never made a complaint to the police or the MACC to investigate the misappropriation of 1MDB funds, and that 1MDB funds had been swindled since 2009, yet no legal action was taken against fugitive businessman Low Taek Jho, better known as Jho Low, or any other parties over the crime.
Read more at http://tinyurl.com/mrx6sue2
WATCH MORE: https://thestartv.com/c/news
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NewsTranscript
00:00 The High Court was told on Friday that Datuk Srinajeeb Razak is accountable for his every
00:07 action as the Prime Minister, Finance Minister and Chairman of the Board of Advisers of One
00:12 Malaysia Development Berhad.
00:15 Malaysian Anti-Corruption Commission Senior Officer Noaida Arifin testified that Najib
00:20 or the 1MDB management had never made a complaint to the police or MACC to investigate the misappropriation
00:26 of 1MDB funds.
00:29 She said 1MDB funds had been swindled since 2009 yet no legal action was taken against
00:35 fugitive businessman Low Tek Jo, better known as Jo Low, or any other parties over the crime.
00:41 Noaida said Low was not officially appointed with a position in the government of 1MDB
00:47 but he played an active role in 1MDB's operations.
00:51 The 49th Prosecution Witness was reading the conclusion section of a witness statement
00:56 at Najib's RM2.28 billion 1MDB corruption trial on Friday.
01:02 Based on her investigation, Noaida said Low participated in Najib's family holidays, including
01:08 two that he himself had arranged.
01:10 Noaida said Low was on the RM Elegance Yacht in southern France in 2009 where he arranged
01:16 a meeting between Najib, Prince Turki of Saudi Arabia, and Petro Saudi International Ltd
01:22 CEO Tarek Obeid.
01:24 He was also on the Golden Odyssey Yacht in the Greek and Italian waters in 2010 and on
01:30 the Taupez Yacht at the southern waters of France in 2013, which were arranged by Low
01:35 and Eric Tan.
01:37 According to Noaida, former Second Finance Minister Datuk Sri Husni Hanadzla was instructed
01:42 by Najib at that time to not interfere in 1MDB affairs.
01:47 She also said that 1MDB did not make any profits for the country yet no action was taken to
01:53 remedy the situation.
01:55 Seventy-year-old Najib is on trial for 25 charges in total, four for abuse of power
02:00 that allegedly brought him the financial benefit to the tune of RM2.28 billion and 21 for money
02:07 laundering involving the same amount of money.
02:10 The hearing continues before Justice Colin Lawrence-Sekura on January 29.
02:15 For more information visit www.fema.gov.au/data-reporting/justice-colin-lawrence-sekura.html
02:17 For more information visit www.fema.gov.au/data-reporting/justice-colin-lawrence-sekura.html
02:19 For more information visit www.fema.gov.au/data-reporting/justice-colin-lawrence-sekura.html
02:21 [BLANK_AUDIO]