security tight in putrajaya as malaysian court set to deliver verdict in najibs appeal - Security tight in Putrajaya as Malaysian court set to deliver verdict in Najib's appeal

PUTRAJAYA (THE STAR/ASIA NEWS NETWORK) –   The Court of Appeal  has upheld the conviction and sentence of  former prime minister Najib Razak in the SRC International case.

He was found guilty of misappropriating RM4 million (S$13.6 million)  from the company’s coffers.

A three-man panel chaired by Justice Abdul Karim Abdul Jalil said that the appellate court had found no errors in the decision by the learned trial judge, Justice Mohd Nazlan Mohd Ghazali.

“We dismiss the appeal on all seven charges and affirm the conviction,” he said in the unanimous decision here on Wednesday.

The panel said it found no appeallable errors that would warrant appellate intervention.

The court said the conduct of former prime minister Najib Razak with regards to SRC International, a subsidiary of 1MDB, was not done for national interest as he had claimed.

Justice Abdul Karim Abdul Jalil, who chaired a three-man panel, said Najib in his defence, had claimed as such.

However, he said Najib’s conduct indicated he wanted the funds secured by SRC, a company which he has overarching control of, to use for his personal benefit.

“This is not something that can be said to be done in national interest. There is no national interest here,” the judge said, reading from the decision in Najib’s appeal against his conviction and sentence in the SRC case.

Justice Abdul Karim also said the three-member bench agrees that Najib’s claim, that the funds in his account were donations from Saudi Arabia, has no credibility.  He said the evidence shows that Najib misappropriated the money for personal benefits and political purposes instead of his claim that he used it for SRC, a subsidiary of Malaysian investment vehicle 1MDB.

Najib, 68, filed an appeal against the Kuala Lumpur High Court’s decision on July 28 last year, which sentenced him to 10 years’ jail on each of three criminal breach of trust (CBT) cases and each of the three cases of money laundering, and 12 years’ jail and a RM210 million fine – in default, five years’ jail – in the case of abuse of position, involving SRC International (SRC) funds totalling RM42 million.

However, Najib will serve only 12 years in jail, as High Court Judge Nazlan Ghazali ordered all the jail sentences to run concurrently.

The court allowed the Pekan MP’s application for a stay of execution of the jail sentence and fine, pending his appeal.