Who authorised the RM42 million transfers from Ihsan Perdana?

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Datuk Seri Najib Razak's Accounts Received RM42 Million in Transfers Recorded as CSR Programmes

Three fund transfers totalling RM42 million were made from Ihsan Perdana Sdn Bhd (IPSB) into Datuk Seri Najib Razak’s personal bank accounts between December 2014 and February 2015. These transactions were officially recorded as funds designated for Corporate Social Responsibility (CSR) programmes. The transfers occurred in three distinct tranches: RM27 million and RM5 million on December 26, 2014, followed by a further RM10 million on February 10, 2015. These amounts were deposited into two AmPrivate Banking-MY accounts, identified by account numbers 2112022011-880 and 2112022011-906.
Authorisation of Fund Transfers

The process for these significant fund movements originated with instructions from Datuk Dr Shamsul Anwar Sulaiman, the managing director of IPSB. He specifically requested the witness, a former senior account executive at IPSB, to prepare the necessary remittance forms for the transfers. Following the preparation of these forms, they were subsequently signed by IPSB's authorised signatories, which included Dr Shamsul Anwar himself and the company's finance director, Datuk Abdul Aziz Ismail.
Procedures for Fund Movement

The former IPSB senior account executive testified that she received the account details for the intended recipients from a representative of Yayasan Rakyat 1Malaysia (YR1M), identified as Miss Ung Su Ling. After obtaining these account details, Dr Shamsul Anwar then instructed her to proceed with executing the fund transfers. She indicated that her understanding of the purpose behind these transfers was for CSR activities, a common notation for such transactions within the company.
Recording of Transaction Purpose

The specific purpose documented for these transfers was "CSR programmes." This designation aligns with IPSB's role as an entity appointed to conduct CSR initiatives on behalf of Yayasan Rakyat 1Malaysia (YR1M). While IPSB was provided with funds by YR1M to organise these programmes, the exact sum provided by YR1M was not disclosed. All three transfers were ultimately processed under the explicit orders of Datuk Shamsul Anwar.

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Who authorised the RM42 million transfers from Ihsan Perdana?

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