KUALA LUMPUR: A subsidiary of 1Malaysia Development Bhd (1MDB), SRC International Sdn Bhd, was a victim of a large-scale, multi-jurisdictional fraud orchestrated by Datuk Seri Najib Razak, the High Court heard.
SRC’s lawyer Datuk Lim Chee Wee said that instead of serving the rakyat, the company became a vehicle manipulated by the former premier to procure an eye-watering RM4bil loan from the Retirement Fund Inc (KWAP).
