What did Najib’s July 30 authorisation letter instruct AmBank to do?

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Najib’s July 30 Authorisation Letter Instructed AmBank to Convert and Transfer Funds

Najib Razak's authorisation letter dated July 30, 2013, instructed AmBank to execute a fund transfer after converting the amount into US dollars. This directive was part of a series of transactions involving funds that originated from a subsidiary of 1Malaysia Development Berhad (1MDB). The letter specifically mandated the conversion to US dollars for the transfer, which was to be sent to the Tanore account.
Transfer of Funds to Tanore Account

The authorisation letter was a key instruction for a transfer amounting to RM2.034 billion, equivalent to US$620 million. These funds were moved from Najib's "AmPrivate Banking-MR" account to the same Tanore account that had previously received funds belonging to 1MDB Global Investments Limited (1MDB GIL). This Tanore account was also the source of the initial US$681 million allegedly transferred illegally to Najib's account.
Context of the Transaction

This specific transfer back to Tanore occurred within months of Najib receiving the initial US$681 million. The funds themselves were identified as proceeds from unlawful activities originating from 1MDB GIL. The total amount returned, RM2.034 billion (US$620 million), represented a significant portion of the funds initially received by Najib.
Subsequent Fund Movements

Following the instruction in the July 30 letter, the US$620 million was transferred out of Najib's "AmPrivate Banking-MR" account. Subsequently, on August 27 and August 30, 2013, a total of RM162,436,711.87 was transferred from the same source to Najib's new personal account, designated "AmPrivate Banking-1MY." This series of transactions effectively cleared out the "AmPrivate Banking-MR" account, which was later closed.

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What did Najib’s July 30 authorisation letter instruct AmBank to do?

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