Najib-SRC Trial: The truth involving the RM2.6 billion finally revealed

(NTH) – FORMER Prime Minister Datuk Seri Najib Razak had utilised only RM216,078,071.78 of the alleged RM2.6 billion Saudi Arabia cash donations that were deposited in several tranches into his private accounts in Ambank.

He has returned the balance of the funds to its sender.

The donations were deposited to Najib’s accounts before the 13th General Election (GE13) with full knowledge and approval of Bank Negara Malaysia (BNM).

The documented evidence produced by the defence team during Najib-SRC trial at the Kuala Lumpur High Court revealed that he had spent some 98% of the RM216,078,071.78 for various political and welfare programmes.

Former Umno president Najib disbursed RM97,930,000 (45%) for political and social programmes under his party.

Another RM84,793,260 (39.3%) was utilised for people-orientated and corporate social responsibility (CSR) programmes.

The balance RM29,629,694 (13.7%) was utilised for educational and welfare aids.

Najib had utilised less than 2% to purchase costly gifts valued at RM3.2 million for foreign government dignitaries and to carry out minor repair works at RM233,800 cost in his residences in Pekan, Pahang and Langgak Duta in Kuala Lumpur.

He had received a letter of appreciation from the recipient of the costly gifts, Noor Abdulaziz Abdulla Turki Al-Subaie, wife of former Qatar prime minister, and even told the Malaysian Anti-Corruption Commission (MACC) investigating officer (IO) SAC Rosli Hussain about it.

Rosli admitted that Najib had told him about the costly gifts bought in December 2014 to honour Malaysia-Qatar close ties and the letter of appreciation.

But MACC and Rosli decided not to investigate it!

Rosli has also failed to probe on the Saudi donations for Najib from Prince Faisal Al Turki (USD300 million) and the Finance Ministry (USD100 million).

The 57th prosecution witness testified before Judge Mohd Nazlan Mohd Ghazali that details of the Arab donations and how Najib utilised the monies were immaterial to his investigation.

“I did not conduct further investigation because such details were immaterial to my case,” he replied when queried by Najib’s defence team over his substandard probe during cross-examination.