00:00The Kuala Lumpur High Court has discharged former Prime Minister Datuk Seri Najib Razak
00:07from three counts of money laundering involving 27 million ringgit linked to SRC International
00:13Sendirian Berhad.
00:15Justice K. Munyandi made the ruling on Friday, granting a discharge not amounting to an acquittal
00:21or DNAA.
00:23On February 3, 2019, Najib was charged with receiving 27 million ringgit from illegal
00:31activities funneled through his three AM private banking accounts at Amislamic Bank Berhad,
00:38Bangunan AM Bank Group, Jalan Raja Chulan on July 8, 2014.
00:44He was charged under Section 4 Subsection 1A of the Anti-Money Laundering and Anti-Terrorism
00:49Financing Act 2001, which carries a maximum fine of 5 million ringgit, imprisonment of
00:56up to five years or both upon conviction.
01:01The former Pekan MP is currently serving a jail term in Kajang Prison for the misappropriation
01:06of 42 million ringgit in the SRC International Funds case.
01:11On September 2, 2022, he filed a petition for a royal pardon, following which, on January
01:1829, the pardons board halved his jail term from 12 to 6 years and reduced the fine from
01:24210 million ringgit to 50 million ringgit.
01:31of the
01:34members of the
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