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.

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