Najib settled RM3.9 million credit card bills with SRC money, court told

AmBank vice-president Yeoh Eng Leong.

KUALA LUMPUR: The High Court in Najib Razak’s corruption and criminal breach of trust trial heard today that about RM3.9 million of SRC International Sdn Bhd’s money was used in 2014 and 2015 to settle the former prime minister’s credit card bills.

Yeoh Eng Leong, an AmBank vice-president in charge of credit card authorisation and fraud management, said Najib had spent RM449,586.95 using his Visa Platinum credit card.

He added that Najib had used RM2,833,147.21 on his Master Platinum card.

Yeoh, the 47th witness in the trial, said the expenditures took place on Aug 8, 2014 in De Grisogono, Italy.

In early January 2015, he said, Najib spent another RM593,347.57 in Honolulu and Bangkok.

He said the Visa credit card was used to settle payment of RM466,330.11 worth of expenses at Chanel, an exclusive fashion store in Honolulu.

RM127,017.46 meanwhile was spent on Jan 4, 2015 at Shangri-La Hotel in the Thai capital.

When examined by deputy public prosecutor Budiman Lutfi Mohamed, Yeoh said all payments came from Najib’s AmBank current account ending with number 880.

The prosecution’s case is that the money received from SRC International which was channelled through several intermediary companies finally went to Najib’s account before it was used to settle the credit card bills.

Najib faces six charges of money laundering and criminal breach of trust in the transfer of RM42 million to his account from SRC International, a former unit of 1MDB.

He is also accused of abusing his power as prime minister by giving government guarantees on SRC International’s RM4 billion loan from Retirement Fund Inc.

The Pekan MP was charged with committing the offences at AmIslamic Bank Bhd in Jalan Raja Chulan and the Prime Minister’s Office in Putrajaya between Aug 17, 2011, and Feb 10, 2015.

The hearing continues before judge Mohd Nazlan Mohd Ghazali.