This was the same personal holiday trip where Najib reportedly played a round of golf with then US president Barack Obama. It was this account that part of the RM42 million originating from SRC was allegedly transferred into. Besides the Chanel watch for Rosmah, Najib also admitted that a Mastercard Platinum credit card was used to pay RM127,017.46 for expenses in Shangri-La Hotel in Bangkok in January 2015. Most significantly, about RM3.28 million was spent using the credit cards in eight transactions at Swiss luxury jeweller De Grisogono in Sardinia, Italy. The prosecution, however, argued that the RM42 million that ended up in Najib’s accounts, originated from Minister of Finance Inc-owned SRC.

Source: The Edge Markets December 10, 2019 00:56 UTC