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Half a million Ringgit used by Najib purchase Chanel – AG

KUALA LUMPUR: The High Court heard.Attorney General Tommy Thomas revealed Datuk Seri Najib Razak used half a million ringgit of the total RM42mil of laundered money he received to splurge on Chanel products at a US boutique four years ago.

This was revealed at the much awaited first day hearing of the former prime minister, who is on trial for laundering RM42mil linked to funds from SRC International Sdn Bhd.

Thomas said evidence would be led to show that the money, sourced from SRC International, was channelled into Najib’s private bank account by two subsidiary companies and later transferred again into another private account in Najib’s name.

Thomas said the prosecution would show that Najib had issued personal cheques from the second private account for the shopping spree and a host of other expenses, including payments for renovation work on his homes in Jalan Langgak Duta here and Pekan, Pahang.

He said the prosecution would also show that cheques were issued to various Barisan Nasional component political parties.

The trial, Thomas said, was evident of Article 8(1) of the Federal Constitution, which states that all persons are equal before the law.

“A former prime minister is charged under due process in the ordinary court of the land, like any other accused.

“The accused is not above the law, and his prosecution and this trial should serve as precedents for all future holders of this august office,” he said, adding that the prosecution must now prove Najib’s crimes beyond a reasonable doubt.

The first witness, 35-year-old assistant registrar Muhamad Akmal­udin Abdul­lah from the Companies Com­mission of Malaysia, later took the stand and told the court that SRC International had a paid capital of RM1mil when it registered with the commission in 2011.Najib is facing seven corruption charges involving the RM42mil.

On July 4 last year, he claimed trial to a charge of abuse of power and three counts of CBT linked to the 1MDB scandal. The hearing continues until April 15.

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