KUALA LUMPUR: Datuk Seri Najib Razak spent RM3.35 million in a day at a Swiss jeweller and watch store in Italy using two of his credit cards, the High Court heard today.
The Senior Vice President of Ambank Group (Credit Card, Authorisation, and Banking Fraud Management) Yeoh Eng Leong testified that Najib used his Ambank visa platinum and master card platinum for the transactions on Aug 8, 2014.
Najib, he said, had a credit limit of RM3 million for both cards.
Detailing the expenditure incurred by Najib on that day, he said the former prime minister spent:
Visa Platinum card:
1. Euro 100,000 (RM440,928.71) and Euro 3,500 (RM50,432.50) at the De Grisogono store
Mastercard Platinum card:
1. Euro 100,000 (RM433,986.28)
2. Euro 100,000 (RM433,986.28)
3. Euro 50,000 (RM216,993.14)
4. Euro 100,000 (RM433,986.28)
5. Euro 100,000 (RM433,986.28)
6. Euro 100,000 (RM433,986.28)
7. Euro 100,000 (RM433,986.28)
8. Euro 10,000 (RM43,398.62)
All the above Mastercard Platinum transactions were also made on Aug 8, 2014 at the same merchant.
De Grisogono is a Swiss luxury jeweller founded in Geneva, Switzerland in 1993 by Lebanese - Italian black diamond specialist Fawaz Gruosi.
Yeoh said Najib paid for the credit card transactions five days later on Aug 13.
“He paid RM2.8 million for the Mastercard and RM449,586.95 for the Visa Platinum card,” he said.
Yeoh revealed that Najib had also used his credit card at the Chanel store in Honolulu, United States.
The amount transacted was RM466,330.11 on Dec 22, 2014.
He said another transaction using the Mastercard was made at the Shangrila Hotel in Bangkok on Jan 4, 2015.
The amount transacted was RM127,017.46.
The payments for the above transactions was made on Feb 5, 2015.
Asked by the Deputy Public Prosecutor Budiman Lutfi Mohamed if there had been any complaints or report of unlawful usage of Najib’s credit cards, Yeoh said there were none.
Yeoh said all payments came from Najib’s AmBank current account ending with number 880.
The prosecution’s case is that the money received from SRC International which was channelled through several intermediary companies finally went to Najib’s account before it was used to settle the credit card bills.
Najib, 66, is facing seven charges of criminal breach of trust, abuse of power and money-laundering involving RM42 million of SRC International funds.
The Pekan MP is charged with committing the offences between Aug 17, 2011 and Feb 10, 2015.
He faces 20 years’ jail and fine for the offences.