KUALA LUMPUR (Bernama): The High Court here was told that former prime minister Datuk Seri Najib Razak approved a loan application amounting to RM3.95bil submitted by SRC International Sdn Bhd to Kumpulan Wang Persaraan Diperbadankan (KWAP) for use as revolving capital and unlimited general investment.
KWAP's former assistant vice-president (Fixed Income Department) Amirul Imran Ahmat told this to the court when referring to a letter, dated June 3, 2011, and addressed to the KWAP chief executive officer.
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