Najib abused position as PM to approve loans worth RM4bil for SRC Int'l, court told

PUTRAJAYA: The Court of Appeal was told that Datuk Seri Najib Razak had abused his position when he sat in Cabinet meetings to approve two government guarantees for loans amounting to RM4bil for SRC International Sdn Bhd, a company he had a personal interest in.

Ad hoc prosecutor Datuk V. Sithambaram said in his submissions at the hearing of an appeal filed by Najib that the offence under Section 23 of the Malaysian Anti-Corruption Commission Act, which the former prime minister was convicted with, did not depend on the receipt of the gratification but the use of position in obtaining the gratification.

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