Sole link between Najib and SRC was its CEO Nik Faisal

  • Nation
  • Monday, 10 Jun 2019

KUALA LUMPUR: The High Court here was told that SRC International Sdn Bhd CEO Nik Faisal Ariff Kamil was the sole link between the company and the then-prime minister Datuk Seri Najib Razak.

Tan Sri Ismee Ismail, who was the chairman of SRC International's board of directors, told the court that any decision by its board of directors must have the advice of Najib, who was the advisor emeritus.

"If there was a matter that needed to be brought to Najib's attention, it would only be done by Nik Faisal as he acted as the link between the board of directors and Najib.

"The act of reporting any discussion or decision relating to SRC International would be done by Nik Faisal to Najib," the witness said.

Ismee, 54, was reading his witness statement in the corruption trial of Najib involving the RM42mil misappropriation of SRC International funds here on Monday (June 10).

The witness said he had once raised the issue of SRC's governance to Nik Faisal, who would always reply that the matters raised had been discussed and agreed by the "government".

"In my opinion, the 'government' that Nik Faisal was referring to was Najib," he added.

He said he disagreed with the way SRC International, a 1MDB subsidiary, was run by Nik Faisal, especially in terms of the company's accounts and finances which made him decide to quit.

"I tendered my resignation in SRC International on May 6, 2014 and officially resigned on Aug 15, 2014," he said.

Between May and August that year, Ismee said he was not actively involved in the management of SRC International.

The hearing continues before Justice Mohd Nazlan Mohd Ghazali on Monday afternoon.





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