1MDB hearing postponement sought

1MDB hearing postponement sought

KUALA LUMPUR: Attorney General Tommy Thomas has sought to delay the trial of ex – premier Datuk Seri Najib Razak that was supposed to begin on 19 Aug to October due to the ongoing SRC International hearing.

What I can tell the court is that over 40 people have testified in the SRC International case, and we are calling 25 more.

“The trial is moving more slowly than we expected,” he said, adding that the 1MDB trial should be postponed to Oct 1.

High Court judge Collin Lawrence Sequerah however wanted an update before deciding on the matter.

“You can come back on July 15, so you will be in a better position to speak about the progress,” he said.

The postponement application is the third one.

Najib was charged last Sept with 25 money laundering and power abuse charges over alleged 1MDB funds in his Ambank account.

The power abuse charge was related to using his position to obtain RM2.28 billion in bribes in February 2011 and December 2014.

Najib allegedly transferred those funds into his account and used them.

The current ongoing trial involving Najib involves SRC International over charges of power abuse money laundering and criminal breach of trust.

The SRC International trial will resume on July 1 with former director Suboh Md Yassin resuming his testimony.

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K Pragalath

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