Najib got RM1.25 mil in interest payments to his AmBank account in 2011: witness

KUALA LUMPUR – Former prime minister Datuk Seri Najib Razak generated RM1.254 million in interest payments that were credited to his personal AmBank account in 2011 alone, the high court here heard today. AmBank Jalan Raja Chulan branch manager R. Uma Devi, during examination-in-chief, said the payments were made in…

KUALA LUMPUR – Former prime minister Datuk Seri Najib Razak generated RM1.254 million in interest payments that were credited to his personal AmBank account in 2011 alone, the high court here heard today.

AmBank Jalan Raja Chulan branch manager R. Uma Devi, during examination-in-chief, said the payments were made in 11 tranches throughout the year to his account ending “9694” based on his account balance.

The account was set up on January 13, 2011, before being shut on August 30, 2013.

Interest payments were made at the end of each month beginning February 2011, according to Uma Devi in her witness statement.

“I confirm that there were interest payments credited for the year 2011. The amount differs based on the current balance each month,” she said before high court judge Datuk Collin Lawrence Sequerah.

Providing the breakdown of the payments, Uma Devi noted that the interests credited to Najib’s account each month beginning February were RM5,214, RM31,121.71, RM28,979.44, RM29,334.83, RM44,371.21, RM57,283.94, RM122,360.35, RM205,773.53, RM211,130.87, RM209,722.90 and RM308,621.92.

Deputy public prosecutor Mustafa Kunyalam later confirmed to the press the payment amounts after verifying the matter with the witness. — The Vibes

MORE TO FOLLOW

MALAYSIAN DAILY NEWS