SRC case verdict: Judge still reading out judgement as at noon

SRC case verdict: Judge still reading out judgement as at noon

KUALA LUMPUR: As at noon, Judge Mohd Nazlan Mohd Ghazali was still reading out his judgement in the case of former prime minister Datuk Seri Najib Tun Razak who has been tried on seven charges of misappropriating RM42 million in SRC International Sdn Bhd funds.

Najib, 67, was tried on three counts of criminal breach of trust (CBT), three charges of money laundering and one count of abuse of position in relation to the SRC funds. 

On the abuse of position charge, the judge said Najib’s defence team had not succeeded in the matter of the balance of probabilities in raising a reasonable doubt in the prosecution’s case.

Najib, as Prime Minister and Minister of Finance of Malaysia, allegedly used his position to commit bribery involving RM42 million through his participation or involvement in the decision to provide government guarantees for loans from the Retirement Fund Incorporated to SRC International amounting to RM4 billion.

He was charged with committing the offence at the Prime Minister’s Office, Precinct 1, Putrajaya, between Aug 17, 2011, and Feb 8, 2012. Najib was Malaysia’s sixth prime minister, serving from 2009 to 2018.

Mohd Nazlan then went on to read out the judgement on the CBT charges.