So, this is why corruption-loving Umno worships and fights for Najib '1MDB' Razak’s freedom

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So, this is why corruption-loving Umno worships and fights for Najib '1MDB' Razak’s freedom

KUALA LUMPUR, Jan 20, 2025: The High Court today heard that Umno was the recipient of money from a “gargantuan slush fund” from SRC International Sdn Bhd (SRC) and its subsidiaries.

And, Umno maintains that as a political party, it is allowed to receive donations from various sources!

Does that mean Umno can receive “dirty and stolen” (duit haram) funds?

And, what business has the 1Malaysia Development Berhad (a so-called Sovereign Wealth Fund or SWF)’s subsidiary, SRC, donate money to a political party?

Is that a special role for the SWF? No wonder 1MDB is doing so much better than other SWFs in the rest of the world! Shameless, to say the least!

And, no wonder Umno is shamelessly fighting for the disgraced, shameless unrepentant former prime minister and party president Najib “1MDB” to be “freed” from Kajang Prison under house/bungalow arrest (read as backdoor freedom) so that he gets to enjoy the multi-millions, if not billions, of Ringgit that he stole from the rakyat dan negara (people and country).

It is certainly time to take Umno to court for accepting such duit haram donations, recover the funds and return the funds to the Government (rakyat dan negara).

No News Is Bad News reproduces below a news report on the court proceedings:

Umno received money from ‘gargantuan’ slush fund, SRC’s lawyer tells court

V Anbalagan

-20 Jan 2025, 02:16 PM

Umno, for its part, maintains that as a political party, it is allowed to receive donations from various sources.

SRC International is seeking the recovery of RM19.5 million paid to Umno in 2015, claiming that the party was not entitled to receive the sum.

KUALA LUMPUR: Umno was the recipient of money from a “gargantuan slush fund” from SRC International Sdn Bhd and its subsidiaries, the High Court heard today.

SRC International’s lawyer Razlan Hadri Zulkifli said billions of ringgit from Retirement Fund Incorporated had been diverted, embezzled, and abused.

“The plaintiffs – SRC and its subsidiaries, Gandingan Mentari Sdn Bhd and Jendela Pinggiran Sdn Bhd (JPSB) – were just the instruments in what was a gargantuan slush fund.

“This case is about some of those monies, RM16 million (to Umno headquarters) and RM3.5 million (to Selangor Umno),” he said in his opening statement.

SRC International and the two subsidiaries which filed the suit in 2022 to recover the money said the party had knowingly received the funds when it had no basis to do so.

Razlan said the establishment and incorporation of SRC International was supposed to herald a new era of energy independence for the nation.

“Alas, all the declarations were but smoke and mirrors. What was conceived was just a tool to deceive,” he added.

He said the plaintiffs’ claim against the defendants was for the recovery of RM16 million and RM3.5 million wrongfully paid by JPSB, purportedly for “corporate social responsibility” (CSR) purposes.

He said the plaintiffs’ case was premised on the claim that these monies were transferred to the defendants as a result of the wrongdoings, breaches of statutory and common law duties, and breaches of trust by the former directors of the plaintiffs.

“We are not alleging any wrongdoing or breach on the part of the defendants in assisting the wrongdoers in diverting the RM19.5 million. This is not a suit based on dishonest assistance,” Razlan added.

He said that, in understanding the facts behind the transfer of these funds, the roles played by Najib Razak as former prime minister, former finance minister, and ex-Umno president, as well as by the directors and senior management of the plaintiffs at the material time, would have be examined, scrutinised, and analysed.

The defendants do not deny receipt of the funds transferred by JPSB.

However, they are disputing the plaintiffs’ claims on the following grounds: they had no knowledge that the funds were traceable to the wrongful acts of the former directors of the plaintiffs, and that the funds were limited to CSR purposes.

The defendants are also taking the position that as a political party they could receive donations from various sources. They said the funds received were used for CSR activities for the 2018 general election.

Lawyer Shahrul Fazli Kamarulzaman appeared for Umno while counsel Hasnal Rezua Merican represented Selangor Umno.

The hearing before Justice Raja Ahmad Mohzanuddin Shah Raja Mohzan continues.