1MDB TRIAL | Former prime minister Najib Abdul Razak had knowledge about the flow of 1MDB funds through an “obscured” route in the Singapore branch of BSI Bank, the bank's former employee testified.

The bank’s former head of wealth management services, Kevin Michael Swampillai, told the Kuala Lumpur High Court today that the Malaysian sovereign wealth fund and a few related entities utilised the bank’s fiduciary funds.

The 44th prosecution witness testified that for fiduciary funds incorporated in offshore jurisdictions, “the primary objective of clients when using (such) funds is to facilitate the flow of money to a particular destination...