Firm used overdraft to pay Bersatu RM1m in 2022, court hears in Muhyiddin abuse trial
KUALA LUMPUR, April 16 -- A company which did not have enough funds in its bank account had taken an overdraft to pay out RM1 million to political party Parti Pribumi Bersatu Malaysia in 2022, a banker told the High Court during Tan Sri Muhyiddin Yassin's power abuse and money laundering trial.
Maybank Kota Kemuning branch's assistant manager Alfian Othman, 57, confirmed Nepturis Sdn Bhd had taken overdrafts from Maybank in February 2022, including for a RM1 million sum paid to Bersatu.
Alfian explained that an overdraft facility is when a bank customer's account balance is insufficient, and refers to when the bank has allowed the customer to pay out amounts beyond what is in their account.
In other words, a customer would be borrowing...
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