Najib Trial: Cheques by unauthorised signatory will not be honoured
KUALA LUMPUR: Ambank Raja Chulan branch manager R Uma Devi told the Kuala Lumpur High Court that cheques by unauthorised signatory will not be honoured.
She revealed this while being cross examined by defence counsel Harvinderjit Singh on the issue of seized bank documents and authorisation for the transaction of those files.
This is in reference to the documents seized from Ambank’s Jalan Raja Chulan branch on July 6, 2015.
Harvinderjit: How is a cheque (related to one of the accounts linked to Najib’s case), signed by a person not authorised by the bank, honoured by the bank? This is extraordinary.
Can an RM (Relationship Manager) have control over this, (for example) talk to someone in the cheque processing centre?
Uma Devi: No, as the person who ensures the payment goes through would be liable as a result.
It is unclear which cheque Harvinderjit is referring to.
The witness also says that the account folders held by the bank are secure and cannot be tampered with, except by someone from the bank.
The trial proper today began after the judge dismissed Najib’s application to quash the seven charges he is facing in relations to SRC International.
