Wednesday, January 27, 2016

A-G Apandi Ali confirms SRC International transferred an additional RM27 million, on top of the earlier exposed RM42 million, to Najib’s personal bank accounts

Previously, it was exposed by The Wall Street Journal and the Sarawak Report that SRC International Sdn Bhd had transferred RM42 million into Dato’ Seri Najib Razak’s personal bank accounts. The sums were transferred between December 2014 and February 2015 via the subsidiary of SRC International, Gandingan Mentari Sdn Bhd and a separate company, Ihsan Perdana Sdn Bhd.  Ihsan Perdana is a private company set up to manage 1MDB’s “corporate social responsibility” contributions.

The above transactions were effectively confirmed by the new Attorney-General, Tan Sri Apandi Ali yesterday when he told reporters that Dato’ Seri Najib Razak was “not aware” that the wholly-owned Ministry of Finance subsidiary had transferred the above funds into his personal account.

However, the Attorney-General inadvertently exposed another damning transfer amounting to RM27 million by SRC International to the Prime Minister.  This took place when Tan Sri Apandi Ali held up several documents to emphasize the fact that his office had carried out thorough investigations during yesterday’s press conference.

By zooming in on a particular chart (attached), it disclosed that SRC International transferred that money earlier in 6 July 2014 via Putrajaya Perdana Bhd’s subsidiaries – Putra Perdana Construction Sdn Bhd and Permai Binaraya Sdn Bhd.

SRC International transferred RM35 million to Putra Perdana Construction, which then transferred RM34.99 million to Permai Binaraya, which then RM27 million to Dato’ Seri Najib Razak’s private bank account ending “880”.

From the Prime Minister’s “880” account, RM20 million was transferred on the very same day to two other of his accounts in Ambank, with the amount split evenly between an “898” and a “906” account.

The “880” account had subsequently received RM10 million and RM27 million in December 2014 and February 2015 respectively, via Gandingan Mentari and Ihsan Perdana.  The “906” account was also previously disclosed to have received RM5 million via the same source in December 2014.

Separately, the chart showed that the funds transferred to the “880” account was also used to pay for Dato’ Seri Najib Razak’s VISA and Mastercard bills amounting to a total of RM3.2 million. The Attorney-General’s document now validated the credit card transactions earlier exposed by The Sarawak Report.

We now know for certain that there is at least RM69 million which has been transferred to Dato’ Seri Najib Razak’s personal accounts between July 2014 and February 2015.

Given the number of transactions involved, and the instant utilisation of the funds upon receipt, it is incredible for the Attorney-General to accept at face value, Dato’ Seri Najib Razak’s excuse that he did not know that the money originated from SRC International.

In fact, Tan Sri Apandi Ali dug the grave for the Prime Minister by claiming that the latter thought the funds were from the mysterious Arab donor who gifted him with US$681 million.  However, Dato’ Seri Najib Razak would have contradicted himself because the “unutilised” Arab donation was purportedly returned to donor in August 2013, long before the SRC International transfers took place!

Based on this evidence alone, there is now a clear cut prima facie case to charge the Prime Minister for corrupt practices or criminal breach of trust, and it is for Dato’ Seri Najib Razak to prove his innocence in the court of law.

The Attorney-General would be grossly abusing his discretionary powers to accept the Prime Minister’s unconvincing and contradictory excuses by not allowing the Court of law to determine the truth.

We call upon the Attorney-General to explain his inadvertent “exposé” and reconsider his “satisfaction” that there was no case against Dato’ Seri Najib Razak to ensure that Malaysia, which is already suffering from a political and economic crisis of confidence, does not become further humiliated in the eyes of the world.

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