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New: Money Trail: Najib Got RM4m from a 1MDB Unit loan in 2014

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In 2014, former Prime Minister Datuk Seri Najib Razak received RM4 million in funds originating from a 1Malaysia Development Berhad (1MDB) subsidiary’s US$250 million bank loan. The money was funneled to him through companies controlled by Malaysian fugitive Low Taek Jho’s associate Eric Tan Kim Loong, as revealed in a money trail presented in court.

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Money Trail

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Bank Negara Malaysia analyst Adam Ariff Mohd Roslan provided this information as the 47th prosecution witness in Najib’s trial. Najib faces 25 charges related to the alleged misappropriation of RM2.28 billion in 1MDB funds into his private AmIslamic bank accounts through a complex series of transactions.

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Image of the fugitive from Wikipedia.
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