KUALA LUMPUR: The High Court here today was told that the investigation paper (IP) submitted by Bank Negara Malaysia (BNM) to the Attorney-General's Chambers (AGC) with the recommendation to initiate criminal prosecution and to charge 1MDB including the senior officers was classified as no further action (NFA).
Former BNM Governor Tan Sri Dr Zeti Akhtar Aziz, 76, said despite all the damning evidence gathered and recorded by BNM in the IP on 1MDB, the then Attorney-General (Tan Sri Mohamed Apandi Ali) for reasons unknown had on Sept 11, 2015, decided that the IP submitted by the central bank was to be classified as NFA.
The 46th prosecution witness said the IP was submitted as the 1MDB and its officers were found to have contravened the provision under the Exchange Control Act 1953 (ECA) for furnishing false information to BNM in the 1MDB application for permission to make payments outside Malaysia.
"At BNM's press conference on the second quarter GDP, which took place on Aug 13, 2015, it was mentioned that BNM had completed its investigations on 1MDB, relating to the areas that were within its purview and legislative powers. Concerning Datuk Seri Najib Tun Razak's accounts, BNM had provided all the relevant information to the respective law enforcement agencies," she said.
Zeti further said, BNM wrote back to the AGC on Oct 1, 2015, to reconsider the decision (NFA) and further stressed the omission of material information by 1MDB in its application for the foreign exchange administration (FEA) permission.
"1MDB had not only failed to provide full and complete information in its applications for the FEA permission but had provided false information. The AGC however did not reply to BNM's appeal.
Zeti said this when reading out her witness statement during examination-in-chief by deputy public prosecutor Ahmad Akram Gharib at Najib's trial involving the misappropriation of RM2.3 billion of 1MDB funds.
Zeti added pursuant to BNM's legislation, BNM proceeded to revoke the three permissions granted to 1MDB and issued directions to 1MDB to repatriate back to Malaysia all funds that were illegally and falsely remitted abroad.
"The subsequent inability of 1MDB to bring the monies back and to provide evidence on the status of the funds resulted in a compound being imposed on 1MDB. With an agreement that had to be obtained from the AGC, the compound amounting to RM15 million was imposed and was paid by 1MDB on May 25, 2016," she said.
She explained that BNM's investigation into the case was for the purposes of bringing to justice the contravention of the law by 1MDB concerning their overseas remittances over the period between September 2009 and May 2011, and to preserve the integrity of the functioning of the country's financial system.
Explaining the task force, Zeti said the then AG Tan Sri Abdul Gani Patail, on June 9, 2015, called for the first task force meeting, involving the then Chief Commissioner of the Malaysian Anti-Corruption Commission (MACC) Tan Sri Abu Kassim Mohamed and herself to discuss on MACC and BNM's investigations on 1MDB and on a Mutual Legal Assistance request that had been submitted.
"About the time of the 4th week of June 2015, PDRM (Royal Malaysia Police) was included in the task force meetings. The role of the task force was to coordinate the 1MDB investigations among the three agencies, namely PDRM, MACC and BNM.
"BNM remained as part of the 1MDB task force to provide a supporting role to PDRM and MACC in their respective financial investigations," she said adding that, on July 27, 2015, the task force led by Abdul Gani was terminated when his services as the AG was ended.
Zeti also said that there were no task force meetings convened by Mohamed Apandi after he took over as the new AG.
"On Aug 5, 2015, Abu Kassim issued a statement saying that he had been advised by the new AG (Mohamed Apandi) that the task force was now no longer needed and each investigating agency could conduct its investigation based on its own respective laws," she said.
Najib, 70, faces four charges of using his position to obtain bribes amounting to RM2.3 billion belonging to 1MDB and 21 charges of money laundering involving the same amount.
The trial continues before Judge Datuk Collin Lawrence Sequerah continues.
-- BERNAMA
Bernama
Thu Jul 27 2023
Former BNM Governor Tan Sri Dr Zeti Akhtar Aziz said 1MDB had not only failed to provide full and complete information in its applications for the FEA permission but had provided false information. - BERNAMA
Kesatuan Ragbi Malaysia harap individu disyaki pecah amanah didakwa segera
Kesatuan Ragbi Malaysia (KRM) berharap individu di sebalik isu pecah amanah disyaki berlaku dalam pengendalian akaun bank badan induk itu didakwa segera.
PM adakan pertemuan dengan Presiden Rwanda
Perdana Menteri Datuk Seri Anwar Ibrahim mengadakan pertemuan dua hala dengan Presiden Rwanda Paul Kagame di luar Mesyuarat Khas Forum Ekonomi Sedunia (WEF) pada Ahad.
Iraq luluskan RUU anti-LGBTQ
PARLIMEN Iraq pada Sabtu meluluskan rang undang-undang (RUU) yang menjenayahkan hubungan sejenis.
Rumah terbuka Persatuan Komuniti Bugis Sabah meriah
Keunikan pakaian suku kaum Bugis dan kepelbagaian juadah menjadi tarikan utama rumah terbuka Persatuan Kaum Bugis Sabah.
Perayaan masa terbaik pupuk persaudaraan - Hajiji
Datul Seri Hajiji Noor menyifatkan perayaan yang ada di negara ini sebagai medan terbaik memupuk tali persaudaraan dalam kalangan rakyat pelbagai kaum dan agama.
Konsert jelajah terakhir Kitaro bakal tarik ramai pengunjung
Konsert jelajah Kitaro di Rainforest World Music Festival 2024 bakal jadi yang terakhir buat Kitaro yang memasuki usia 71 tahun, Februari lalu.
Abang Jo setuju cadangan syarat untuk pemohon PR di Sarawak
Dalam perkembangan lain Abang Johari bersetuju dengan cadangan untuk menetapkan syarat bagi komuniti peniaga dan pelabur yang mahu mendapatkan status Penduduk Tetap (PR) di Sarawak perlu memasukkan minimum dua juta ringgit ke dalam akaun deposit tetap negeri ataupun membeli hartanah bernilai 1.5 juta ke atas.
Kes denggi di Kedah membimbangkan, catat 1,550 kes pada ME16
Kes denggi di Kedah berada pada tahap membimbangkan apabila sejumlah 1,550 kes dilaporkan pada Minggu Epidemiologi ke-16 tahun ini.
Kerajaan Sarawak tidak paksa penduduk pedalaman terima projek empangan Melata
Abang Johari berharap penduduk pedalaman Sarawak agar membuka minda dengan melihat kepada manfaat projek empangan melata yang penting bagi menghasilkan tenaga boleh diperbaharui di kawasan merfeka.
Sarawak akan jana tenaga hijau seratus peratus hijau
Premier Sarawak Tan Sri Abang Johari Tun Openg akan berbincang dengan SEB bagi membolehkan dua loji tenaga arang batu miliknya ditukar kepada loji bersumberkan biomass.
'Saya tidak tahu apa-apa mengenai hubungan Zeti-Jho Low' - Bekas peguam 1MDB
Bekas peguam 1MDB Jasmine Loo Ai Swan memberitahu mahkamah tidak tahu mengenai sebarang hubungan perniagaan antara suami Zeti dan Jho Low.
1MDB: Jho Low buka akaun, tiga bulan sebelum terima AS$700 juta - Saksi
Saksi memberitahu ahli perniagaan, Low Taek Jho membuka akaun bank Switzerland untuk syarikatnya, Good Star Ltd tiga bulan sebelum menerima AS$700 juta dana 1Malaysia Development Berhad (1MDB).
1MDB: BNM syor denda RM23 juta, tapi Peguam Negara kurangkan kepada RM15 juta - Zeti
Tan Sri Zeti Akhtar Aziz mendedahkan di Mahkamah Tinggi bahawa BNM sebenarnya telah mengesyorkan penalti RM23 juta terhadap 1MDB namun AG mengurangkan kepada RM15 juta.
Keterangan Zeti di mahkamah berkaitan 1MDB jelas 'pengabaian tugas' oleh Apandi - Tun M
Pemecatan Apandi tidak dibuat secara salah berdasarkan dakwaan 'pengabaian tugas' yang dilakukan oleh bekas Peguam Negara itu.
1MDB akui tiada wang atau pelaburan selepas didenda RM15 juta - Zeti
Tan Sri Zeti Akhtar Aziz memberitahu Mahkamah Tinggi 1MDB mengaku tidak mempunyai wang atau pelaburan selepas bank pusat itu mengenakan denda berjumlah RM15 juta terhadap syarikat berkenaan.
BNM tahu AS$700 juta 1MDB masuk akaun syarikat Jho Low selepas 6 tahun - Zeti
Mahkamah Tinggi diberitahu hanya selepas hampir tujuh tahun, barulah Bank Negara mendapati wang AS$700 juta milik 1MDB telah masuk ke akaun salah iaitu syarikat Jho Low.
Hakim ingatkan orang ramai tidak ketawa terbahak-bahak ketika prosiding kes Najib
Hakim yang mengadili kes rasuah dana 1MDB dan pengubahan melibatkan Datuk Seri Najib Tun Razak memberi peringatan kepada orang ramai di galeri awam supaya tidak ketawa terbahak-bahak semasa prosiding.
Dakwaan Jho Low masak pasta untuk keluarga 'tidak masuk akal', 'melampau' - Zeti
Itu jawapan tegas bekas Gabenor Bank Negara Tan Sri Zeti Akhtar Aziz apabila dicadangkan bahawa bahawa Jho Low yang rapat dengan suaminya, Datuk Tawfiq Ayman akan datang ke rumahnya.
Siasatan ke atas 1MDB untuk dapatkan semula wang, bukan dakwa Najib - Zeti
Bekas Gabenor Bank Negara Tan Sri Dr Zeti Akhtar Aziz memberitahu Mahkamah Tinggi bahawa matlamat akhir siasatan yang dijalankan oleh pihak berkuasa terhadap 1MDB adalah mendapatkan semula wang 1MDB.
'Tunjuk bukti suami saya terima wang 1MDB' - Zeti
Zeti sebaliknya menegaskan pasukan pembelaan Najib perlu membuktikan kononnya Tawfiq atau anaknya menerima wang 1MDB melalui Cutting Edge Industries Ltd