Najib said news on RM42 million damaged his career, ex-YR1M chief tells court

Former Yayasan Rakyat 1Malaysia CEO Ung Su Ling.

KUALA LUMPUR: The former CEO of Yayasan Rakyat 1Malaysia (YR1M) told the High Court in Najib Razak’s SRC International trial today that the former prime minister had told her that news about funds allegedly from 1MDB’s charity arm going into his bank account had damaged his political career.

Ung Su Ling, who led the foundation from January 2013 to May 2018, said this when questioned by Najib’s lawyer Harvinderjit Singh about a Wall Street Journal (WSJ) report in 2015.

WSJ had reported that over US$700 million was channelled into Najib’s account, including RM42 million believed to be from SRC International.

“I am not sure exactly what he (Najib) said, but he did say it was very damaging to his reputation and career.

“He said he did not know about IPSB’s money going into his account,” she said, referring to Ihsan Perdana Sdn Bhd, a company which did corporate social responsibility work for 1MDB.

Ung added that she had met Najib in the second half of 2015, months after the WSJ report came out.

When asked if Najib was “shocked” to know that money from Ihsan Perdana had gone into his account, Ung said: “He was very annoyed.

“I apologised to him and even offered to resign from YR1M,” she added.

Ihsan Perdana managing director Shamsul Anwar Sulaiman previously told the High Court that Najib was shocked when told that money from the company had gone into one of his AmBank accounts.

Yesterday, Ung told the court that Najib’s late principal private secretary, Azlin Alias, had instructed her to tell Shamsul to transfer RM42 million from Ihsan Perdana to two accounts in AmBank.

She said she did not know who owned the accounts.

The hearing continues before High Court judge Mohd Nazlan Mohd Ghazali.

Najib, 66, is facing three counts of criminal breach of trust, one charge of abusing his position and three counts of money laundering over SRC International funds amounting to RM42 million.

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.