Is this RM27m case linked to the earlier RM42m SRC misappropriation charges?

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The RM27 Million Money Laundering Case Involves Funds from SRC International Sdn Bhd

The current trial of former Prime Minister Datuk Seri Najib Tun Razak for three charges of money laundering, involving RM27 million in funds, is indeed linked to SRC International Sdn Bhd (SRC). These charges are separate from, but related to, the earlier conviction concerning the misappropriation of RM42 million of SRC funds. Najib is currently serving a 12-year jail sentence following the Federal Court's upholding of his conviction for the RM42 million misappropriation on August 23, 2022.
New Judge Oversees RM27 Million Money Laundering Trial

A new judge, K. Muniandy, has been assigned to preside over the money laundering trial involving RM27 million in SRC International Sdn Bhd funds. Judge Muniandy replaces Judge Mohamed Zaini Mazlan, who has since been promoted to the Court of Appeal. The proceedings on March 3 indicated a need for case management, with both the prosecution and defence agreeing to set a new date in May, specifically May 29, pending the decision on Najib's application to review the Federal Court's ruling on the RM42 million SRC case.
Allegations of Accepting Proceeds from Illegal Activities

Najib claimed trial to the RM27 million money laundering charges on February 3, 2019. The core of these allegations centres on his purported acceptance of proceeds from illegal activities amounting to RM27 million. These funds were allegedly channelled through his AmPrivate Banking accounts.
Specific Time and Location of Alleged Offences

The alleged offences for the RM27 million money laundering charges are stated to have occurred on July 8, 2014. The location specified for these alleged acts is AmIslamic Bank Berhad, situated at the Ambank Group Building, No. 55, Jalan Raja Chulan. These actions fall under Section 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

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Is this RM27m case linked to the earlier RM42m SRC misappropriation charges?

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