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New: From Najib’s account to Tanore, no evidence of funds return

1 min read
Barkhouse, tanore
Angela Barkhouse: SRC’s US$1.18 billion not invested in energy sector

A cross-border recovery specialist from the Cayman Islands, Angela Barkhouse, testified in the Kuala Lumpur High Court regarding US$120 million funds allegedly linked to former Malaysian Prime Minister Najib Abdul Razak saying she saw no evidence of the funds being returned to Tanore Finance Corp.

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Najib’s counsel suggested the funds were part of a larger sum returned to Tanore, but Barkhouse disagreed. The lawsuit, filed by SRC International, seeks repayment of US$120 million allegedly transferred to Najib’s account. Barkhouse also testified about offshore entities, unsure if fugitive Low Taek Jho was linked.

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