‘SRC millions funnelled out’


KUALA LUMPUR: A sum of US$15mil (RM70mil) was transferred out of SRC British Virgin Islands (SRC BVI) to a company called Muraset Ltd, and ended up being funnelled to several people, including the son of a former Mongolian prime minister and a politician in 2011, the High Court has heard.

Offshore asset recovery specialist Angela Barkhouse testified that Muraset, believed to be linked to fugitive businessman Low Taek Jho or Jho Low, received the monies on Dec 27, 2011.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Two found charred in car fire at Jitra Toll Plaza
State religious department, police investigate viral aerobics video in Bukit Badong
A market for property scams
Cops: No mini drug labs in Johor Felda settlements
Tiger tasked with saving species
Cattle lies at the heart of Ponggal celebration
Mengkuang mat tradition lives on through elderly artisan
Nadia Kesuma to be laid to rest in Jeddah, says husband
‘Weak procurement due to poor compliance’
We’ll run in Selangor on incumbency, says Loke

Others Also Read