Najib receives RM2.08b in illicit funds from Tanore

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Najib receives RM2.08b in illicit funds from Tanore
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KUALA LUMPUR: A senior police officer told the High Court here today that Datuk Seri Najib Abdul Razak’s (pix) Ambank account had received US$681 mill...

: A senior police officer told the High Court here today that Datuk Seri Najib Abdul Razak’sAmbank account had received US$681 million or RM2.08 billion in illicit funds from Tanore Finance Corporation .

“Through this method of investigation, receipt of Tanore’s illicit money of US$681,000,000 or RM2,081,476,926 into AmBank Account 694 can be separated with money from other sources as well as money already in the account Foo said this when reading out his witness statement during the examination in chief by deputy public prosecutor Kamal Baharin Omar in Najib’s trial involving the alleged misappropriation of RM2.3 billion of 1MDB funds.

“The principle of the benefit of the doubt has been given to bank account holders with this FIFO method because every transaction that is identified as illicit money is illicit fund.

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