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| The verdict of the criminal trial of former prime minister Najib Abdul Razak involving the alleged abuse of power and money laundering of 1MDB funds will be delivered today at the High Court in Kuala Lumpur.No dispute of ‘rushed’ cabinet’s approval for KWAP’s RM2m loan to SRC - judge- Mohd Nazlan rules that there was no dispute that cabinet's approval for the Retirement Fund Incorporated first RM2 billion loan to SRC International was "rushed".
Also seen in the public gallery awaiting proceedings to begin are Umno deputy president Mohamad Hasan and former Pahang menteri besar Adnan Yaakob.- Sungai Besar Umno division chief Jamal Md Yunos tells the media outside the court that the case will not only affect Najib but also the PN government.
"I hope the truth will prevail, and he will be released by the court today," he tells reporters when met outside the Kuala Lumpur Court Complex. One of the women from Najib's Pekan constituency says they travelled throughout the night, arriving at the court complex at 5am.Najib will know today whether he is found guilty or can walk free from seven counts of abuse of power, criminal breach of trust , and money laundering involving RM42 million of funds from SRC International.
The other criminal cases against Najib that are still either being heard or pending before the Kuala Lumpur High Court are the RM2.28 billion 1MDB abuse of power and money laundering case, the 1MDB audit report tampering case, the RM6.6 billion IPIC CBT case, and the RM27 million SRC International money laundering case.Today’s verdict is in relation to one count of abuse of power, three counts of CBT, and three counts of money laundering involving RM42 million of monies from SRC International.
The abuse of power charge is in relation to Najib’s role in approving RM4 billion in loans from Retirement Fund Incorporated to SRC International.
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