AmBank Remittance Centre manager Wedani Senen is seen at the Kuala Lumpur High Court April 30, 2019. — Picture by Ahmad Zamzahuri
Manager of AmBank’s Remittance Centre’s Rentas Unit Manager, Wedani Senen, 45, when examined by Deputy Public Prosecutor Sulaiman Kho Kheng Fuei, said her department had approved the transactions RM2 billion deposited over four separate transfers into SRC International’s current account in August 2011.
When questioned today by the prosecution as to why the transactions were done in smaller amounts, she explained that core banking systems have a transfer limit of RM500 million per transaction.Wedani: For core banking systems, we have a system that limits every transaction to RM500 million, for transactions approved senior executives and below.
It was explained in court that every local bank is afforded access to Rentas’ services and are required to open an account with Bank Negara Malaysia to utilise the system.
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