Witness recalls ‘top-down’ process for transfer of SRC ownership


  • Nation
  • Wednesday, 10 Jul 2019

KUALA LUMPUR: The procedure to transfer the ownership of SRC International Sdn Bhd from 1Malaysia Development Bhd to the Minister of Finance Inc (MoF Inc) was a “top-down” process.

The application was sent directly to the prime minister for approval without going through the lower levels, the High Court heard.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Former IGP Tun Hanif Omar passes away
MULTIMEDIA: FRIM: The Forest That Sprang From Nothing
INTERACTIVE: Get to know Malaysia’s Unesco treasures
Ministries to address parallel pathway issue
This man gets to keep a mistress
Ornamental fish industry gets shot in the arm
KL ranked 22nd for remote work
Second allegation of cops at BSI extorting money from travellers
Parents question DLP selection criteria in school
Addendum order issue under Pardons Board purview, says PM

Others Also Read