Man Slammed After Forcing Pregnant Wife To Clean Cat Litter Tray Despite Health Risks           >>           Woman In Tears As No One Buys Anything From Her Mum's Handmade Christmas Stall           >>           Cristiano Ronaldo's Girlfriend Georgina Rodríguez Weighs In On His World Cup Snub           >>           Former Grey's Anatomy Writer Elisabeth Finch Admits She Faked Her Cancer Diagnosis           >>           Teddi Mellencamp Shares Photo Of Her Surgery Scars After “Eye-Opening” Stage 2 Melanoma Diagnosis           >>           TikTok Sued By Indiana Over Security And Safety Concerns           >>           UK Aims To Double US Gas Imports Under New Deal           >>           Taiwanese Chip Giant Invests $40bn In US Plant           >>           Brazil's Vinicius Junior Credits Carlo Ancelotti's 'Tough' Love For World Cup Success           >>           World Cup Visitor Numbers Falling Short Of Qatar Target           >>          





[email protected]



[email protected]



[email protected]



+673 222-0178 [Office Hour]

+673 223-6740 [Fax]


Upcoming Events

Food Street by Yayasan Complex
June 1st, 2022 | 15:00 PM

Prayer Times

The prayer times for Brunei-Muara and Temburong districts. For Tutong add 1 minute and for Belait add 3 minutes.


: 04:43 AM


: 04:53 AM


: 06:16 AM


: 06:41 AM


: 12:13 PM


: 03:35 PM


: 06:07 PM


: 07:22 PM


The Business Directory




  Home > Malaysia

Saudi Letter To Najib Hints At Intention To Give Another US$800mil, High Court Hears


 October 3rd, 2022  |  14:33 PM  |   322 views



KUALA LUMPUR: The High Court here heard that Tanore Finance Corp had wanted to hand over another US$800mil as a donation to former prime minister Datuk Seri Najib Razak in 2013.


Najib's defence team made the contention during the cross-examination of prosecution witness Yap Wai Keat, who is AmBank's private banking capital market desk head.


During the proceedings here on Monday (Oct 3), lawyer Wan Aizuddin Wan Mohammed read out another letter from the former governor of Madinah Province, Saud Abdulaziz Majid Al Saud, which was addressed to Najib in March 2013.


According to the letter, he said Saud had gifted another US$800mil to Najib which shall be remitted "at such times and such manners" as he deemed fit either directly from his personal account or through an entity such as Tanore Finance Corp.


The donation was in recognition of the work Najib had done to govern Malaysia in line with Islamic principles and his Global Movement of the Moderates to deal with terrorism and extremists groups.


Saud also said in the letter that Najib has the absolute discretion as to how the donation should be utilised.


However, when asked if he had seen the letter, Yap said he could not recall but there was a possibility that he could have seen it from Najib's AmBank relationship manager Joanna Yu.


Najib, 69, is facing four charges of using his position to obtain bribes totalling RM2.28bil from 1MDB funds and 21 charges of money laundering involving the same amount.


The hearing continues this afternoon before Justice Collin Lawrence Sequerah.



courtesy of THE STAR



If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]


Related News

With Only Two Federal Ministers, Politicians And Pundits Express Concern For Sabah’s Pursuit Of Equality

 2022-12-08 09:15:00

China Abandons Key Parts Of Zero-Covid Strategy After Protests

 2022-12-08 12:12:54

TikTok Sued By Indiana Over Security And Safety Concerns

 2022-12-08 12:50:00