Najib’s trial: Bank officer confirms RM50m money trail from SRC unit to CSR partner

Datuk Seri Najib Razak arrives at the Kuala Lumpur Court Complex April 24, 2019. — Picture by Yusof Mat Isa
Datuk Seri Najib Razak arrives at the Kuala Lumpur Court Complex April 24, 2019. — Picture by Yusof Mat Isa

KUALA LUMPUR, April 24 — A bank officer has confirmed that a total of RM50 million was transferred from a subsidiary of SRC International Sdn Bhd to the latter’s corporate social responsibility partner, in day eight of Datuk Seri Najib Razak’s trial.

Affin Bank processing officer Rosaiah Mohamed Rosli, 53, confirmed a total of three funds transfers from an AmIslamic Bank account belonging to Gandingan Mentari Sdn Bhd to Ihsan Perdana Sdn Bhd’s Affin Bank account 106180001108.

The amounts that she confirmed were RM40 million on December 24, 2014, RM5 million on February 5, 2015, and another RM5 million on February 6, 2015.

Rosaiah based her confirmation on documents called single credit confirmation advice, which are generated by the Rentas system at Affin Bank’s payment centre.

Rosaiah said the payment centre receives information through the Rentas system for the funds from the payer’s bank to be credited or transferred to the accounts of Affin Bank’s customers.

She explained that a bank teller at Affin Bank would first process the single credit confirmation advice when received, with a different set of officers then required to check and approve the crediting of the funds into customers’ accounts at Affin Bank.

She also said the single credit confirmation advice for all three separate transactions were all verified, checked and approved by Affin Bank on the same days that they were received by the bank.

“As a processing officer, I am responsible for, among other things, the process of deposit and withdrawal under Rentas, such as electronic transfers,” she told the High Court.

During cross-examination, Rosaiah said she would not know the AmBank account number of Gandingan Mentari where the funds were transferred from to Ihsan Perdana’s Affin Bank account, as the single credit confirmation advice does not contain Gandingan Mentari’s account number.

Rosaiah is the 20th witness for the prosecution in Najib’s money laundering and corruption trial over RM42 million of SRC International Sdn Bhd.

At the start of Najib’s trial, Attorney General (AG) Tommy Thomas had said the prosecution would seek to establish that RM42 million of SRC International funds passed through the accounts of the company’s corporate social responsibility partner Ihsan Perdana and SRC International’s subsidiary Gandingan Mentari Sdn Bhd before reaching Najib’s accounts at AmBank.

Najib’s lawyer Harvinderjit Singh today also listed out a money trail of over RM100 million in funds from SRC International to Gandingan Mentari that were then transferred to Ihsan Perdana, with funds then released from Ihsan Perdana to Najib and other unspecified recipients.