Najib is Merely an AmBank Platinum Credit Card Holder with RM3mil Credit Limit

It is in everyone’s know that credit cards have tiers. But to think that our former Prime Minister Datuk Sri Najib merely uses a Platinium credit card instead of a World or Premium card is something beyond us.

According to a Malay Mail report today (Jul 16), Najib has been confirmed by AmBank’s senior vice-president of credit card authorisation and fraud management, Yeoh Eng Leong, that he had paid bills amounting to RM3,282,734.16 for his Mastercard Platinum and Visa Platinum cards on August 13, 2014.

Najib arriving at the Kuala Lumpur High Court yesterday. Source: Malay Mail

It is alleged that the RM3.3 million was paid with money siphoned from SRC International, a former subsidiary to 1MDB. Najib is currently standing trial to abuse of position, money-laundering and criminal breach of trust over pocketing RM42 million from the company.

Najib did not deny the spending of RM3.3 million, which was found to be used within a single day at a Swiss luxury jeweller’s store in Italy. Taking to Facebook to defend himself against the claim, he said the money was used to purchase gifts for a royal which he did not name.

For illustration only. Source: Rings Designs

“This spending is for gifts to a senior member of the royalty of a government and their entourage that has good relations with our country (Not Saudi Arabia or Abu Dhabi).

“Their family and entourage were with us in our family’s visit to Italy then,” Najib posted on Facebook last night (Jul 15).

He explained it is a norm to send gifts to leaders of other governments, adding that it is usually the government that bears the cost of the gifts. But this time, he said it was just “paid with my credit cards.”

“The purchase and giving of the gift on August 8, 2014 also received a response via a letter dated August 15, 2014 from the gift recipient,” Najib wrote above a photo attachment of the letter which the sender’s name is censored.

“As this SRC case is still under trial, I am not able to explain further at this time.”

Najib said that he seldom used these credit cards and claimed that the RM3.3 million purchase was the biggest spend ever on the cards.

“The entire credit limit of RM3 million was used in one day on August 8, 2014.

“It should also be stressed that this is not SRC’s credit card but credit cards under my name,” he clarified.

For illustration only. Source: Rojaklah

Platinum credit cards with RM3 million credit limit.

In another report, the Platinum credit cards were also used to pay over RM593,000 at luxury fashion brand Chanel’s Honolulu outlet and bills from the Shangri-La Hotel in Bangkok.

The court heard Yeoh confirmed yesterday (Jul 15) that the transactions were made in December 2014 and January 2015.

Yeoh Eng Leong, senior vice-president of Ambank’s credit card authorisation and fraud management. Source: Malay Mail

Today’s proceeding will hear the 49th prosecution witness in his SRC International trial. Past witnesses have testified Najib’s income as the former deputy premier, then-premier and a Parliament member.

As the Deputy Prime Minister in 2009, Najib’s monthly salary was RM48,681.65. As the premier, he was paid RM58,605.15 from May 2009 to April 2018.

As for the separate payment for his role as a MP, it was RM10,355.18 from January 2011 to December 2014 excluding special payments, and RM19,846.59 monthly between January 2015 and March 2018.

“Additional monthly allowances that Najib received in the past as an MP for both being part of the ruling administration and as head of the Dewan Rakyat as the prime minister then are RM10,355.18 from January 2011 to December 2014, and RM19,846.59 from January 2015 to March 2018,” Malay Mail reported.

Source: Malay Mail

That is an unusually high credit limit when it is compared to Najib’s paycheque. 

What are your thoughts on this? Let us know in the comments below.

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