1MDB trial: Ex-bank officer admits failure in consulting Jho Low over Najib’s account

During a cross-examination by Najib's lead counsel Tan Sri Muhammad Shafee Abdullah, Joanna Yu, 52, testified that she liaised with Low as he was the one who initiated the opening of the bank account.Muhammad Shafee: Wasn't that a failure on your part? Banks are very strict with these types of things.

To a suggestion by Muhammad Shafee, Yu agreed that the bank as well as herself did not alert Najib on a US$800mil transaction that went into Najib's personal account. Muhammad Shafee: Did you not alert your client at any time by saying, “you know Mr PM, I am not too comfortable with this amount, it does not look right”.Muhammad Shafee: Your bank did not alert Najib that there was anything wrong?Muhammad Shafee: Were you terminated?Muhammad Shafee: Were Najib's accounts one of the reasons you were terminated?The lawyer then asked Yu if she had her termination letter at hand, to which the witness answered in the negative.

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It was my failure, says ex-banker who handled Najib’s accountsNajib is facing four charges of using his position to get bribes totalling RM2.3 billion from 1MDB funds and 21 charges of money laundering. theSun theSundaily crime corruption Najib 1MDB Malaysia Shifty asking for termination letter like the judge asking for his mrdical certificates, ah?
Source: theSundaily - 🏆 25. / 51 Read more »