Najib to hear the outcome of his SRC appeal today

Malaysia – The Court of Appeal will rule today on Datuk Seri Najib Tun Razak’s appeal against his 12-year prison sentence and RM210 million sentence for misappropriating RM42 million in funds from SRC International Sdn Bhd.

The former prime minister and his defence counsels had casual contact with Tan Sri Muhammad Shafee Abdullah’s son, Muhammad Farhan, who tested positive for Covid-19.

The prosecution team, led by deputy public prosecutor Datuk V.Sithambaram, was expected to be present throughout the open court sessions.

42 journalists from domestic and international news organizations have been granted permits to cover the proceedings via video link from a conference room, while 47 photographers and videographers will be stationed in the Palace of Justice’s lobby.

Najib, 68, appealed the Kuala Lumpur High Court’s decision on July 28 last year, which sentenced him to ten years in prison for each of three criminal breach of trust (CBT) cases and three money laundering cases, and to 12 years in prison and an RM210 million fine, in default five years in jail, for abuse of position involving SRC International funds totaling RM42 million.

Najib, on the other hand, will serve only 12 years in prison, as High Court Judge Mohd Nazlan Mohd Ghazali decided that all prison sentences run concurrently.

The court granted the Pekan MP’s bid for a stay of execution pending his appeal.

Related Posts

Concerning the CBT accusations, Najib allegedly misappropriated RM27 million and RM5 million of SRC’s RM4 billion in assets as a public servant and agent, namely as Prime Minister and Finance Minister of Malaysia, and as Advisor Emeritus of SRC International Sdn Bhd (SRC).

He was charged with committing the two offenses between December 24, 2014, and December 29, 2014, at AmIslamic Bank Berhad, Ambank Group Building, No 55, Jalan Raja Chulan in Kuala Lumpur.

On the third accusation, Najib is accused of misappropriating another RM10 million of SRC’s RM4 billion between February 10 and March 2, 2015, at the same location.

The three charges are framed under Section 409 of the Penal Code, which carries a maximum sentence of 20 years in prison, a fine, and the possibility of a whipping.

On the charge of abusing his position, Najib was alleged to have used his position as Prime Minister and Minister of Finance of Malaysia to commit bribery totaling RM42 million through his participation or involvement in the decision to provide government guarantees for loans totaling RM4 billion from the Retirement Fund Incorporated to SRC International.

Katherine S

1/4 German, 3/4 Malaysian. I write, follow and monitor closely political news happening in Malaysia, and other happening news in the ASEAN region. Newswriter for the best ASEAN news website - The Asian Affairs.

Recent Posts

Vietnam International Defense Expo 2024

The 2024 Vietnam International Defense Expo was inaugurated by the Prime Minister Pham Minh Chinh on December 19, 2024 and…

December 22, 2024

Shooting concludes: Stranger Things 5 to release on Netflix in 2025

Created by the Duffer Brothers, Stranger Things is one of the most popular sci-fi horror series globally. It is set…

December 21, 2024

China’s Hypersonic Expansion in Asia Raises Alarms for India

According to the US Department of Defense, China has now produced the most sophisticated supply of hypersonic weapons in the…

December 21, 2024

Melaka International Halal Festival 2024

The Melaka International Halal Festival 2024 aims to turn the city as the prime center of the Halal products and…

December 21, 2024

Chunichi Dragons Renews the Contract of Hiroto Takahashi with Annual Salary of 120 million yen

On Saturday, the stalwart of Chunichi Dragons Pitcher, Hiroto Takahashi attended the negotiation for his contract renewal for the next…

December 21, 2024

Biden-Harris administration cancels another $4.28 billion in US student loans

US President Joe Biden has cancelled another $4.28 billion in student loans for nearly 55,000 people across the country, the…

December 20, 2024

This website uses cookies.

Read More