SRC Trial: Najib accused of writing cheque to fund a political news portal

TheEdge Thu, Jan 23, 2020 01:46pm - 4 years View Original


KUALA LUMPUR (Jan 23): Property tycoon Tan Sri Lim Soon Peng and Vital Spire Sdn Bhd are among the recipients of the cheques that Datuk Seri Najib Razak has issued from his bank account that is allegedly receiving money from SRC International Sdn Bhd.

Shortly before the lunch break at 12.45pm, ad hoc prosecutor Datuk V Sithambaram was going through the cheques that Najib had issued from the bank account.

The prosecutor alleged the cheque issued to Vital Spire was for the operation of a political news portal. However, Najib, who was then the prime minister and finance minister, disagreed.

The former premier says the Vital Spire dealt with medicine to treat leukemia.

Other cheques include those written to Lim, who is the managing director of Titijaya Land Bhd, political party United Progressive People of Kinabalu Organisation (UPKO) and political intelligence services.

Today is the 75th day of Najib's SRC trial at the KL Court. The former Prime Minister faces multiple counts of criminal breach of trust, money laundering and abuse of power, involving a total of RM42 million SRC funds. He is alleged to have received RM27 million and RM5 million on Dec 26, 2014, and another RM10 million on Feb 10, 2015.

The Court will resume at 2.30pm, after the lunch break.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

TITIJYA 0.265

Comments

Login to comment.