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Now Najib ‘1MDB’ Razak says RM42m not ‘Saudi donation’
KUALA LUMPUR, Jan 22, 2026: The corrupt, disgraced and shameless former Umno president and prime minister Najib “1MDB’ Razak today tells the High Court that the RM32 million deposited into his personal accounts is not a “Saudi donation”.
This comes after he was on Dec 26 jailed 15 years and fined RM11.387 billion on 25 charges of abuse of power and money laundering involving RM2.27 billion.
The High Court ruled in Najib’s 1MDB criminal trial that there was no documentary evidence to support his “Saudi donation” defence.
So, now Najib claims his change of stance is due to “subsequent knowledge” he acquired (while in Kajang Prison)?
The country and world’s No. 1 kleptocrat/thief/pencuri is now clutching onto straws by abandoning his “Saudi donation” claim.
So, where did the RM42 million deposited into his personal account originated from?
No News Is Bad News reproduces below how the corrupt Umno icon is legally cornered in a civil suit brought by SRC International and its subsidiary, Gandingan Mentari Sdn Bhd, to recover the alleged misappropriated funds:
Now Najib tells court RM42mil not ‘Saudi donation’
Former prime minister Najib Razak attributes his change of stance to ‘subsequent knowledge’ he acquired.
SRC International Sdn Bhd and its subsidiary, Gandingan Mentari Sdn Bhd, are suing Najib Razak to recover RM42 million allegedly misappropriated from company funds.
KUALA LUMPUR: Najib Razak told the High Court today that RM42 million deposited into his personal bank accounts was not linked to a purported Saudi donation, based on “subsequent knowledge” he acquired.
The former prime minister made the admission under cross-examination by SRC International’s counsel, Kwan Will Sen, in a civil suit brought by the company and its subsidiary, Gandingan Mentari Sdn Bhd, to recover the sum allegedly misappropriated from company funds.
Kwan: At this very moment, do you still maintain that the RM42 million is from the Saudi donation?
Najib: At that particular time, I thought it was a Saudi donation.
Kwan: The truth in your mind – if I can use those words – at this moment, is that the RM42 million has nothing to do with the Saudi donation?
Najib: Based on subsequent knowledge, yes.
Kwan: So, you agree with my statement?
Najib: Yes.
Earlier, Kwan pressed Najib to acknowledge that his “Saudi donation” defence had been comprehensively rejected by the courts in the criminal proceedings brought against him.
Kwan: This particular defence of the Saudi donation was dismissed by all levels of the courts (in the SRC International corruption case). Is that a correct statement?
Najib: Yes, but I have to clarify because I didn’t have the opportunity to do a full explanation at the Federal Court. That’s why in the review, one of the judges – a senior judge – agreed with our position. During the review, he concluded I didn’t get a fair trial.
Kwan: All said and done, the majority finding upheld the conclusion (that the funds were not a Saudi donation). That is correct, isn’t it?
Najib: Yes. Unfortunately, yes.
Kwan further pointed out that the High Court in Najib’s 1MDB criminal trial had ruled that there was no documentary evidence to support his “Saudi donation” defence.
Kwan: In the 1MDB trial at the High Court – and I know you have appealed against that decision – Justice Collin (Lawrence Sequerah) also made the same finding, didn’t he?
Najib: Yes.
Najib, 72, has been jailed since Aug 23, 2022, following his conviction for misappropriating RM42 million in SRC funds. He was sentenced to 12 years’ jail and fined RM210 million.
On Jan 29, 2024, the Federal Territories Pardons Board halved his jail term to six years, and reduced his fine to RM50 million.
On Dec 26 last year, Sequerah sentenced Najib to 15 years in prison and fined him RM11.387 billion following his conviction in his 1MDB case, with the prison term to follow immediately after he completes his current jail term.
Najib was represented by Farhan Shafee.
The hearing before Justice Raja Ahmad Mohzanuddin Shah Raja Mohzan continues tomorrow.
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