Najib charged with receiving RM42 million bribe from pension fund KWAP

Former Malaysian prime minister Najib Razak arrives in court in Kuala Lumpur, Malaysia July 4, 2018.
PHOTO: Reuters

KUALA LUMPUR - Former prime minister Datuk Seri Najib Tun Razak is having his case of corruption and criminal breach of trust, linked to the 1Malaysia Development Berhad (1MDB) scandal, moved to the High Court.

Najib, 64, was charged with receiving a RM42 million (S$14.1 million) bribe as inducement to provide a sovereign guarantee on behalf of the Malaysian Government for a loan of RM4 billion from the pension fund Kumpulan Wang Persaraan (KWAP) to SRC International Sdn Bhd.

He also faces three other charges of criminal breach of trust (CBT) in his capacity as Prime Minister, Finance Minister and Advisor Emeritus of SRC International, in which he was entrusted with the RM4 billion.

He is alleged to have misappropriated funds through various banks in Malaysia on three occasions between Dec 24, 2014 and March 2, 2015; amounting to RM27 million, RM10 millionand RM5 million.

Former Malaysia PM Najib charged with corruption

  • Datuk Seri Najib Tun Razak is expected to face several charges for committing offences under two Acts, sources said.
  • "We believe Najib will be charged under the Anti Money-Laundering Act and the Penal Code," a source told The Star yesterday.
  • Other sources said Najib is expected to face four counts of committing criminal breach of trust and anti-money laundering charges involving a total of RM42mil and believed to be linked to the SRC International Sdn Bhd case.
  • Yesterday, Najib was arrested at his house in Jalan Lang­gak Duta in Kuala Lumpur at about 3pm and was whisked to the MACC headquarters in Putrajaya about an hour later.
  • Supporters of former Malaysian prime minister Najib Razak hold up signs, ahead of his arrival to court in Kuala Lumpur, Malaysia.
  • Rosmah Mansor, wife of Malaysia's former Prime Minister Najib Razak, leaves a courtroom in Kuala Lumpur.
  • Family members of Malaysia's former Prime Minister Najib Razak leave a court in Kuala Lumpur
  • Malaysia's Attorney-General Tommy Thomas speaks during a news conference outside a courtroom in Kuala Lumpur, Malaysia
  • A supporter of Malaysia's former Prime Minister Najib Razak conflicts with a police officer outside a court in Kuala Lumpur, Malaysia.

SRC International was a subsidiary of 1MDB, and was placed under the jurisdiction of the Finance Ministry in 2012.

For the first offence of bribery under Section 24 of the Malaysian Anti-Corruption Commission (MACC) Act, is punishable by up to 20 years' prison and a fine equal to five times the bribe amount.

The other charges under Section 409 of the Penal Code (criminal breach of trust by public servant) are punishable by up to 20 years prison, whipping and a fine.

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Attorney-General Tommy Thomas, who is leading the 12-person prosecution team, requested that the case be conducted in English.

He applied to have the case transferred to the High Court, where Najib's plea would be taken, and in the event Najib pleads not guilty, the trial will be heard.

Though no plea was recorded, Najib nodded to show he understood. He appeared grim, with his jaw drawn tight.

He was arrested by the MACC, at his private home in Jalan Langgak Duta at 2.35pm, yesterday.

He was led to the dock in the Sessions Court here at 9am, dressed in a blue suit and white shirt.

Tan Sri Muhammad Shafee Abdullah is leading Najib's defence team, while lawyer Datuk K Kumaraendran has applied to do a watching brief on behalf of Najib's wife, Datin Seri Rosmah Mansor.  Sessions Court judge Zainal Abidin Kamarudin allowed the case to be transferred to the High Court

On May 22, MACC chief commissioner Datuk Seri Mohd Shukri Abdull said their 2015 probe against Najib involved funds of RM2.6 billion and RM42 million that were believed to have been transferred from SRC International to the his personal bank accounts.