KUALA LUMPUR: A senior bank officer said no action was taken to stop the remittance of US$620 million into former prime minister Datuk Seri Najib Razak's bank account in August 2013, the High Court heard.
Ambank Jalan Raja Chulan branch manager R. Uma Devi said no red flag was triggered by the bank when the transactions took place.
However, she did not give any explanation for this.
She said there were several trigger points that the bank looked at such as the amount of transfer, the purpose and the disclosure of information from the customer.
"A screening will be done based on these trigger points.
"The customers will not be informed (of the red flag) as this would alert them," she said.
Najib is facing four charges of using his position to obtain bribes totalling RM2.3 billion from 1Malaysia Development Bhd funds and 21 charges of money laundering involving the same amount.
The trial before judge Datuk Collin Lawrence Sequerah continues.