The High Court here heard today that Datuk Seri Najib Tun Razak had already known his accounts were manipulated in 2016 but a civil action was brought by the former prime minister against AmBank and its former relationship manager, Joanna Yu Ging Ping after the officer had testified in the SRC International Sdn Bhd's case.
Lawyer Datuk Dr Gurdial Singh Nijar, representing Yu, submitted that the former premier only relied on his client’s evidence to file a civil action after the bank officer had testified as a prosecution witness on July 22, last year.
"They (Najib’s lawyers) said this civil suit was independent and had nothing to do with SRC International. They already knew about the manipulation in 2016. If that was so, they would have done it (the lawsuit) in 2016.
“But they waited for the SRC International trial to bring an action. They filed a suit a few months after my client had testified,” he said in his submission to strike out a suit filed by Najib against his clients, AmBank and AMMB Holdings Berhad.
Gurdial said Najib and his team were trying very hard in the SRC case but definitely they did not succeed.
“Here, they are suing the witness (Yu). A perpetrator of the crime is suing a witness of the crime,” he said, adding that the court must protect the witness from direct and indirect harassment.
Najib’s lawyer Harvinderjit Singh, however, contended that the only reason the lawsuit was filed now was because his client found out about the bank’s contravention during the SRC International trial.
“The point is, it required a trial for us to know. The plaintiff (Najib) has a right to look into the act of the defendant (Yu).
“But all these allegations require evidence,” the lawyer said.
Lawyer Benjamin Dawson, who acted for AmBank and AMMB Holdings, said Najib filed this action for a collateral purpose to plug the evidential hole in the SRC defence.
High Court judge Datuk Khadijah Idris then fixed Sept 28 for a decision.
Najib, through Messrs Shafee Co, had filed the suit on Dec 9, last year at the High Court and named AmBank, AMMB Holdings Berhad and Yu as the defendants.
According to the statement of claims, the plaintiff contended that AmBank and Yu had committed negligence when handling his bank accounts (ending with 694, 880, 898 and 906) by disclosing these to fugitive businessman Low Taek Jho or Jho Low.
Najib claimed that the defendants without authorisation had disclosed his bank statements, debit and credit remittance transactions, and balances of funds of account 694 to Low as the third party.
He claimed that the defendants did not engage with him to report on Low’s action on the said bank accounts and that the bank had facilitated the unauthorised third party to make money transfers between accounts 880, 898 and 906.
The Pekan Member of Parliament contended that he had been kept in the dark about the details of his own bank accounts statements and other related documents by the bank under Low’s instruction.
He alleged that Low with the help of other unauthorised third parties, had made 20 transactions to regularise the accounts totalling RM12 million through several local and foreign remittances of funds and that the accounts had been ‘red-flagged’ by Bank Negara Malaysia (BNM).
The former prime minister said the defendants failed to report and get direct instructions from him despite the accounts being red-flagged.
Najib also claimed that he only discovered the act committed by the defendants during the SRC International trial after the prosecution had revealed the conversations between Yu and the third parties.
He is seeking special, general, aggravated and exemplary damages from the defendants.
On July 28, Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali convicted and sentenced Najib to 12 years’ imprisonment and fined him RM210 million over the SRC International criminal case.
-- BERNAMA
Bernama
Tue Aug 18 2020
Najib, through Messrs Shafee Co, had filed the suit on Dec 9, last year at the High Court and named AmBank, AMMB Holdings Berhad and Yu as the defendants.
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