SRC International: Accusing the Cabinet as rubber stamping body is an insult

Ambank account The accused, former Prime Minister Datuk Seri Najib Tun Razak walks out of the Kuala Lumpur High Court during a recess of his SRC International trial. PIX: SYAFIQ AMBAK / MalaysiaGazette / 03 DECEMBER 2019
The accused, former Prime Minister Datuk Seri Najib Tun Razak walks out of the Kuala Lumpur High Court during a recess of his SRC International trial.PIX: SYAFIQ AMBAK / MalaysiaGazette / 03 DECEMBER 2019

By Kasthuri Jeevendran

KUALA LUMPUR – Former Prime Minister Datuk Seri Najib Razak expressed his dissatisfaction over the charges which labelled the Cabinet as merely a rubber stamping body while reading out his statement under oath. The SRC International Sdn Bhd trial has entered its 60th day today.

According to Najib, to suggest that the Cabinet was merely a rubber stamp was nothing more to an insult.

“That is not how a government operates. To suggest that the Cabinet is only a rubber stamping body is definitely an insult to the administrators of the government.

“The Cabinet Ministers’ Meeting is marked ‘confidential’ as it enables all its members to speak freely for the interests of their ministry and the government in general.

“I don’t believe that the Cabinet Minister will abandon their civil duties by not stating any contradicting opinion.

“It is common for the Ministers to state their disagreement on a proposal presented by the Prime Minister or a Minister as that was the purpose of Cabinet discussions,” he said, referring to the Cabinet Ministers’ Meeting on 17 August 2011 and 8 February 2012, which granted two government guarantees amounting to RM4 billion separately to the Retirement Funds Incorporated (KWAP) for SRC International.

In his statement earlier, Najib once again denied that he had personal interests but he was merely acting out of the interest of the country.

Najib also ‘answered’ the accusations by several witnesses who claimed that Najib attended the Cabinet Meetings when the proposal for government’s guarantee for SRC International was made.

“It is baseless to suggest that a Finance Minister should excuse himself from attending a meeting on his professional interest.

“I would like to add that a Finance Minister has never excused himself from attending meetings concerning companies under MoF Inc for if they were not there, no one would be present to defend the proposal presented in that meeting.

“The only interest I had was to ensure that all decisions made on the companies under MoF Inc were made for the interest of Malaysia,” he emphasized.

As the Finance Minister, Najib was fully responsible in MoF Inc or Ministry of Finance Incorporated, besides being the major stakeholder of SRC International.

Najib, who is also the Member of Parliament of Pekan is facing three charges of criminal breach of trust, one count of power abuse and three counts of money-laundering amounting to RM42 million belonging to SRC International. –MalaysiaGazette

Read More:

SRC International: I did not abuse my power as PM

SRC International: Defence to prove some transactions were made without Najib’s knowledge

SRC International: Najib chooses to testify under oath

SRC International: Najib ordered to enter defence


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