Monday, 03 Aug 2020 05:43 AM MYTDatuk Seri Najib Razak leaves Kuala Lumpur High Court after he was found guilty of abuse of power and misappropriating RM42 million from SRC International Sdn Bhd July 28, 2020. — Picture by Ahmad Zamzahuri
Here is a simplified version of High Court judge Mohd Nazlan Mohd Ghazali’s two-hour-long judgment of the seven charges Najib was convicted for that was sighted byIn his judgment, Mohd Nazlan said it was clearly established by evidence that the accused had a personal and private interest in SRC International, a finding which remained unrebutted by the defence.
“And the said decision to approve directly put the accused in a position that had access to more funds of SRC. Mohd Nazlan also pointed out the inconsistencies of Najib’s conduct subsequent to the release of the entire RM4 billion loan to SRC International with his involvement prior to. He also stated how Najib had disagreed with the assertion that the RM4 billion had since disappeared and was lost.
“Again, I find this hard to fathom when the source of the funding was the pensions fund and the sum involved was extremely large by any measure,” Mohd Nazlan added.The judge also pointed out how Najib — as then finance minister and legal owner of SRC International under MoF Inc — did not take the logical step of returning the RM42 million to the company even after he was informed of it nor take any immediate action to inquire or clear his name.
On Najib not being involved in the RM42 million transactions into his accounts, Mohd Nazlan said there has never been any allegation of wrongful debit of monies out of SRC International and its subsidiary Gandingan Mentari Sdn Bhd. Mohd Nazlan stated that the totality of the evidence was more consistent with the version that Najib knew about these transactions but deliberately wanted him insulated from the efforts taken to prevent any risk of public disclosure.
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