Datuk Seri Najib Razak arrives at the Kuala Lumpur High Court Complex August 17, 2020. — Picture by Yusof Mat Isa
“The bank had knowledge about the matter, but they failed to lodge a report to the authority. This a serious issue,” he said, adding that the suit had nothing to do with SRC International Sdn Bhd’s case faced by his client. “AmBank was already found guilty for not reporting suspicious transactions in the plaintiff’s accounts. We did not know. AmBank did not disclose it to us. The authorities did not inform us until the SRC proceedings,” he said.
Yoong said the plaintiff’s claim that he was manipulated for RM42 million, but the former prime minister never lodged a police report.Lawyer Datuk Dr Gurdial Singh Nijar, representing Yu, argued that the suit filed against his client was only meant for the collateral attack by Najib relating to his SRC case.
According to the statement of claim, the plaintiff contended that AmBank and Yu had committed negligence when handling his bank accounts by disclosing these to fugitive businessman Low Taek Jho or Jho Low. The Pekan Member of Parliament contended that he had been kept in the dark about the details of his own bank accounts statements and other related documents by the bank under Low’s instruction.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaysiakini - 🏆 20. / 51 Read more »