The following are highlights of the case and quotes of witnesses during the trial this week before High Court Judge Mohd Nazlan Mohd Ghazali.Retirement Fund Incorporated vice-president Azlida Mazni Arshad testified that some concerns were raised by KWAP investment panel members over the RM2bil loan requested by SRC International, a subsidiary of 1Malaysia Development Bhd .
“The panel also raised concern over the capability and credibility of SRC's management team to venture into the natural resources industry that requires high skills,” she said. “If I had known AmPrivate Banking-MY belonged to Datuk Seri Najib Razak, I would not have made the payment of RM27mil,” he said when reading out his witness statement on the 18th day of Najib 's trial for alleged misappropriation of SRC International funds totalling RM42mil.
The witness reiterated that the RM42mil transfer was made because he was directed by Ung Su Ling and Dennis See where Ung and See instructed him to transfer the funds to the two accounts although he did not know who the owner was.
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