Did Najib spend RM1 billion from 1MDB funds in his account?

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Najib Spent at Least RM1 Billion from Funds Including 1MDB in His Personal Account

Former Prime Minister Datuk Seri Najib Razak expended at least RM1 billion from a total of RM3.2 billion that was deposited into his personal bank account, with a portion of these funds originating from 1Malaysia Development Berhad (1MDB). This assertion was made by Tan Sri Zeti Akhtar Aziz, former governor of Bank Negara Malaysia (BNM), during her testimony in Najib's trial. The RM3.2 billion figure represents the total sum that entered Najib's accounts, a figure BNM only became aware of after a 2015 raid on AmBank.
Testimony Regarding Fund Expenditure

Tan Sri Zeti Akhtar Aziz stated directly that RM3.2 billion entered Najib's account and that he had expended at least RM1 billion of this amount. She further clarified that these expended monies were partly derived from 1MDB's funds. This testimony was provided in response to questions posed by Najib's lead defence lawyer, Tan Sri Muhammad Shafee Abdullah, during the proceedings.
Defence Arguments on Transaction Responsibility

During cross-examination, defence counsel Shafee attempted to shift blame, suggesting that the responsibility for billions flowing out of 1MDB should lie with the 1MDB board and management, BNM, and AmBank, rather than Najib. Shafee questioned Zeti on whether there was any evidence showing the Prime Minister and Finance Minister's involvement in any deceptive practices related to these transactions. Zeti's response directly addressed the flow of funds into Najib's account and his subsequent expenditure.
BNM's Awareness and Reporting Procedures

Zeti informed the High Court that neither she nor BNM were aware of a RM2.6 billion sum in Najib's AmBank account prior to the 13th general election in 2013. BNM's knowledge of the larger RM3.2 billion figure only materialised after a raid on AmBank in 2015. Zeti explained that BNM would have been legally prohibited from informing account holders, including Najib, about suspicious transactions if any had been reported by the bank.
Absence of Inquiries Regarding Fund Sources

Throughout the period when BNM conducted its investigations, Najib did not make any inquiries about the source of the funds held in his four AmBank accounts. This point was confirmed by Zeti, who also noted that BNM's lack of prior knowledge was due to AmBank not lodging any suspicious transaction reports at the material time. Najib's defence team has consistently argued that the billions in his accounts were donations from Saudi Arabian royalty.

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Did Najib spend RM1 billion from 1MDB funds in his account?

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