Witness tells court he did not know what happened to RM4bil loaned to SRC


KUALA LUMPUR: A witness told the High Court that nothing tangible had resulted from the RM4bil loaned by the Retirement Fund Inc (KWAP) to SRC International Sdn Bhd.

Former KWAP chairman Tan Sri Dr Wan Abdul Aziz Wan Abdullah said he did not know what was done by SRC with the billion-ringgit loan.

The witness was answering a question during a re-examination by Deputy Public Prosecutor Datuk Suhaimi Ibrahim at the corruption trial of Datuk Seri Najib Razak, who is accused of misappropriating RM42mil in SRC funds here on Thursday (July 11).

During cross-examination earlier, Najib's lawyer Tan Sri Muhammad Shafee Abdullah had raised the issues of Langkawi International Maritime and Aerospace (Lima) Exhibition accommodation project and UEM's North-South Expressway project that received the then prime minister's attention.

The projects were hurried and the working papers were only completed after the projects had started.

DPP Suhaimi asked the witness about the two projects, to which Dr Wan Abdul Aziz said both projects existed.

DPP Suhaimi: For SRC International, the money had been disbursed. Until now, do we see what has been done with the money loaned?

Dr Wan Abdul Aziz: No (we don't).

The hearing continues before Justice Mohd Nazlan Mohd Ghazali.