“That will be equivalent to digging my own grave, ” Loo said when re-examined by deputy public prosecutor (DPP) T Deepa Nair today.
Deepa had asked for Loo’s response after defence counsel Shafee Abdullah accused the witness of colluding with then 1MDB chief executive officer Shahrol Azral Ibrahim Halmi and other top executives of the company.
During cross-examination, Shafee had also labelled Shahrol a “crook”.
Loo said she was investigated in 2016 after news of the 1MDB scandal broke out in the public domain.
“The bank (Bank Negara Malaysia) took a statement from me, but not the police,” she said.
Loo, who is a key prosecution witness, said Najib, who also held the finance portfolio, had cleared her of wrongdoing during her tenure with 1MDB.
“When replying to a question by Kelana Jaya PKR MP Wong Chen, Najib stated I was no longer on the bank’s watch list,” she said.
She also said she did not meet Najib to explain legal matters to him as this was done by the company’s executives.
“I, on my own, could not meet him as people like Shahrol were in a better position to advise Najib,” she said.
Loo said she had accepted gifts from fugitive financier Low Taek Jho, better known as Jho Low, in good faith and with no strings attached.
She also said she believed Najib, who was also the chairman of 1MDB’s board of advisers, was well aware of the contents of documents he was signing in relation to the company’s investments.
Further re-examined by DPP Ahmad Akram Gharib, Loo said she had not been charged with any offence so far.
She said she vaguely remembered that Najib had distanced himself from Low in 2015 after the media began reporting on the financial scandal.
According to the US Department of Justice, more than US$4 billion was stolen from the 1MDB fund and spent on art, diamonds and properties.
Najib is facing 25 charges for abuse of power and money laundering over alleged 1MDB funds amounting to RM2.28 billion deposited into his AmBank accounts between February 2011 and December 2014.
The trial before Justice Collin Lawrence Sequerah has been adjourned to April 22, with Malaysian Anti-Corruption Commission investigating officer Nur Aida Arifin likely to take the stand.