How does the RM42 million in new charges relate to previous SRC International allegations?

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New Money-Laundering Charges Involve RM42 Million Previously Linked to SRC International Allegations

Datuk Seri Najib Razak faces three new money-laundering charges totalling RM42 million, which are connected to funds previously alleged to be from SRC International Sdn Bhd. These charges are in addition to existing criminal breach of trust and power abuse allegations concerning the same RM42 million that originated from a former subsidiary of 1MDB. Najib has pleaded not guilty to all these counts.
Allegations of Receiving Unlawful Proceeds

The three new money-laundering counts specifically allege that Najib received proceeds from unlawful activities. These transactions allegedly took place through his AmIslamic Bank account via Real-Time Electronic Transfer of Funds and Securities (Rentas). The charges are framed under Section 4(1) of the Anti-Money-Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2002 (AMLATFPUAA).
Specific Amounts and Dates of Transactions

The first two money-laundering charges involve amounts of RM27 million and RM5 million respectively, both said to have occurred on December 26, 2014. The third charge pertains to RM10 million, which allegedly occurred on February 2, 2015. These sums contribute to the total of RM42 million that is central to these new allegations.
Potential Penalties and Trial Consolidation

An offence under Section 4(1) of the AMLATFPUAA carries a maximum penalty of 15 years imprisonment and a fine of RM5 million, or a minimum of five times the value of the unlawful proceeds, whichever is higher. The court has allowed for these three new cases to be tried together with existing related charges, as they involve common documents and witnesses, streamlining the legal process.

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How does the RM42 million in new charges relate to previous SRC International allegations?

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