
However, Jalan Raja Chulan AmBank branch manager R Uma Devi said she was unsure if the settlement also involved Najib Razak.
The 37th prosecution witness said this when cross-examined by lawyer Wan Aizuddin Wan Mohammed in the former prime minister’s corruption trial involving RM2.3 billion belonging to the state investor.
Wan Aizuddin: Are you aware of the settlement between AmBank and the government regarding the entire episode?
Uma: I heard about the settlement by the bank but do not know much about the details.
Wan Aizuddin: Was the settlement purely in relation to 1MDB, nothing to do with Datuk Seri Najib’s accounts?
Uma: This, I’m not really sure about.
It was reported on Feb 26 last year, that AMMB Holdings Bhd agreed to pay the government RM2.83 billion to settle all outstanding claims and actions in relation to its involvement in 1MDB.
The finance ministry said the settlement was part of the government’s effort to recover funds and assets directly or indirectly linked to the investment fund from various parties.
AMMB Holdings was to pay the settlement amount in addition to a RM53.7 million penalty imposed by Bank Negara Malaysia (BNM).
Uma told the court that on July 6, 2015, BNM raided her AmBank branch and seized several documents relating to Najib’s accounts.
She said they took physical folders related to SRC but was unable to recall if these were also related to 1MDB.
The raid took place four days after she assumed duty as branch manager, she said, adding that until today the seized documents had not been returned.
Najib, 69, is facing four charges of using his position to obtain bribes totalling RM2.3 billion from 1MDB funds and 21 charges of money laundering involving the same amount.
The hearing before trial judge Collin Lawrence Sequerah continues.