Former BSI banker raised concerns over large fund transfer into SRC BVI account

KUALA LUMPUR: A former BSI banker told the High Court on Wednesday (March 6) that he was concerned that SRC International (Malaysia) Limited’s (SRC BVI) account at the bank had received US$864.5mil in a short amount of time, with suspicions that these transactions were fraudulent.

Former BSI Bank Head of Wealth Management Services Kevin Micheal Swampillai, 64, said the SRC BVI account had received huge incoming funds from SRC International Sdn Bhd between November 2011 and April 2012. He added that he had raised this concern to his superiors so that suspicious transaction reports (STR) could be filed.