‘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.

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