Former SRC management caused billions in losses, claims Najib


KUALA LUMPUR: Datuk Seri Najib Tun Razak has claimed that billions of ringgit of SRC International Sdn Bhd’s funds were misappropriated through dubious investments authorised by former company directors.

He said out of over 31 “wrongdoings” purportedly discovered by the new management, 27 were related to a lack of due diligence and supervision over SRC affairs by its former guardians and caused loss of billions of ringgit.

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