PETALING JAYA: Former prime minister Datuk Seri Najib Abdul Razak received a total of US$1.17 (RM544) billion from an Arab donor in two separate transactions in 2013, the Kuala Lumpur High Court heard today.
Ambank capital market head Yap Wai Keat said this when he was asked to verify two transactions of US$800 million and US$375 million that was deposited into Najib’s account, The Malaysian Insight reports.
Defence lawyer Wan Aizuddin Wan Mohammed asked Yap whether he knew if the funds were a gift from an Arab donor.
The lawyer said former Madinah governor Saud Abdulaziz Al Saud had said in a letter the money was a gift for Najib.
Wan Aizuddin said it was stated in the letter that the funds were a reward for Najib’s work that was based on Islamic principles.
Yap, however, said he couldn’t verify if the letter was indeed from Saud Abdulaziz.