Article Related To V Sithambaram

It was totally unbelievable how Najib Razak can turn a blind eye when millions of ringgit were being deposited into his personal bank accounts, the Federal Court heard today.

The Federal Court today was told that all actions taken by Najib Razak in the SRC case were to achieve his personal desire to cause wrongful gain to himself and wrongful loss to the company.

A miscarriage of justice had not occurred since all the rules of procedure and evidence had been followed in this trial.

With the continuous flow of large amounts of money into his bank accounts, the former prime minister ought to have at least made enquiries as to the source and legality of these funds.

If the donation was from the late King Abdullah Abdulaziz Al Saud, why should it be returned to a company called Tanore Finance Corp.

Jho Low was the one who introduced Cheah to Najib at the appellant's private residence when he wanted to open AmBank accounts.

Jho Low and two others helped arrange the transfer of millions of SRC International Sdn Bhd's funds into the former prime minister's bank accounts.

"The defence alleged the prosecution shifted the goal post. But here, they scored their own goal," Sithambaram told the Court of Appeal today.

If at all there was a dispute, it was between the company and the bank, not Najib, the Court of Appeal heard today.

Former prime minister Datuk Seri Najib Tun Razak had washed his hands off SRC International Sdn Bhd affairs, the Court of Appeal heard.

The appellants (Najib) overarching authority and control over the affairs of SRC completely rendered the BOD as puppets dancing to the tune of its master (Najib).

The evidence clearly showed that the RM42 million deposited into the appellant's bank accounts were from SRC and not Arab donation or from any other sources.

Sithambaram submitted that SRC only "commenced business" by transferring out money to Switzerland in a fixed deposit when KWAP had disbursed the loan in 2011 and 2012.

Ad-hoc prosecutor Datuk V Sithambaram submitted this before a three-member bench led by Judge Datuk Abdul Karim Abdul Jalil in the hearing of Najib's appeal.

Former Prime Minister Datuk Seri Najib Tun Razak hopes that his appeal in the Court of Appeal will be heard immediately to clear his name.

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