Najib returned RM2bil to Tanore before closing bank account, says witness

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Najib returned RM2bil to Tanore before closing bank account, says witness
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SINGAPORE (The Straits Times/Asia News Network): The only woman accused in the S$2.8 billion money laundering case is said to have lived on Sentosa while her 15-year-old daughter lived with a maid in Beach Road.

KUALA LUMPUR: The High Court here heard from a witness that Datuk Seri Najib Tun Razak closed his Ambank account ending with"-694" after transferring more than RM162mil to his new account at the same bank.

Assistant Director of the Money Laundering Criminal Investigation Division ACP Foo Wei Min, 47, said on Thursday that the funds were transferred to Najib’s new Ambank account ending with the number"-880" through two transactions, each amounting to RM150,000,000 and RM12,436,711.87, on Aug 27 and 30, 2013.

The 48th prosecution witness 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 RM2.3bil of 1MDB funds. "Based on my ‘First In, First Out’ investigation, and supporting documents, there were overseas transfers of illicit funds from 1MDB at Tanore level, which were received by Datuk Seri Najib, through five transactions.

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