KUALA LUMPUR: The High Court was told that the Federal Government has to bear a RM4.15bil balance on the principal loan and interest as of May this year from the RM4bil loan taken by SRC International Sdn Bhd in 2012.
To this day, the government is still servicing SRC’s RM4bil loan from the Retirement Fund Inc (KWAP) due to the company’s failure to pay its debt, a witness said.
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