Bank Negara Malaysia analyst says Najib Razak received funds which originated from two loans to 1MDB totalling US$1.225 billion.
Najib Razak is facing 25 charges of abuse of power and money laundering over alleged 1MDB funds of RM2.28 billion deposited in his AmBank accounts between February 2011 and December 2014.
He said that on May 26, 2014, a sum of US$175 million – part of the US$250 million loan – was transferred to Aabar Investments PJS Ltd’s bank account in the British Virgin Islands. Based on bank statements, he said, part of Blackrock Commodities’ US$1.89 million, or £750,000, was moved to Najib’s Ambank account on the same day.
“Aabar International immediately transferred almost identical amount of funds to Vista Equity International Partners’ account.
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