Najib-SRC Trial: Zeti Received Saudi Kingdom Letters Confirming Billion Ringgit Cash Gifts To Najib

( – Former Bank Negara (BNM) Governor Tan Sri Zeti Akhtar Aziz had received copies of two official letters from the Saudi Arabia Kingdom in 2011 confirming the Middle East Royals’ nearly RM1.5 billion cash gifts to former Prime Minister Datuk Seri Najib Razak.

The Kuala Lumpur High Court was told that Zeti received both letters, which were addressed to Najib, from former AmBank managing director Cheah Tek Kuang.

In the first letter dated Feb 1, 2011, the Saudi Kingdom confirmed  that it had donated Najib a cash gift of USD100 million, or RM306.15 million according to exchange rate then.

In the second letter dated Nov 1, 2011, the Saudi Royals confirmed that the kingdom had given Najib another cash gift of USD375 million, or RM1.17 billion according to exchange rate then.

Testifying at the Najib’s trial today, Thursday, July 18, 2019, Cheah said that he received copies of both letters from the bank’s relationship manager Joanna Yu Ging Ping.

“Upon receiving the letters, I have submitted the letters to Tan Sri Zeti on both occassions,” Cheah testified before Judge Mohd Nazlan Mohd Ghazali.

Yesterday Cheah testified he had personally informed Zeti about the imminent cash donation coming from Saudi Arabia Kingdom for Najib when he met her in January 2011.

In his witness statement, Cheah said he arranged an appointment to meet Zeti after Najib had opened private accounts in Ambank’s Jalan Raja Chulan branch.

The prosecution’s 50th witness also testified that Najib had told him that the private accounts were needed solely to facilitate an incoming donation from Saudi Arabia.

“Tan Sri Zeti Aziz informed me that she has no objections for Ambank to do so but reminded that the opening of the said accounts are to be made following the banking rules and regulations,” testified Cheah on July 17, 2019.