SRC lawsuit: I didn't know RM42mil went into Najib's account until I was sued, says witness


KUALA LUMPUR: A former director of SRC International Sdn Bhd told the High Court that he only found out monies originating from the company went into Datuk Seri Najib Razak's personal bank account after he was sued over the matter.

Datuk Mohammed Azhar Osman Khairuddin, 70, testified that his knowledge of the disbursement into Najib's account was based on the cause papers of a lawsuit filed by SRC and its subsidiary Gandingan Mentari Sdn Bhd for a claim of monetary losses against Najib and several other former directors of the company.

ALSO READ: SRC lawsuit: Jho Low didn’t want Najib’s cheques to bounce, court hears 

"I only came to know about the receipt of monies by Najib, which is RM42mil, when I was added as a defendant in a legal action (known as Suit 336) at the High Court," he said in his witness statement on Monday (March 2).

Azhar, who was a director at SRC between July 2014 and February 2017, was testifying in a lawsuit by SRC and Gandingan Mentari against Najib over allegations of breach of fiduciary duties.

According to the witness, the RM42mil disbursement into Najib's account between December 2014 and February 2015 was part of the amount claimed in Suit 336.

Azhar denied authorising the transfer or playing a part in it as he was not the signatory to the cheques, which amounted to RM42mil, deposited in Najib's account.

Despite the events taking place during his tenure, Azhar said they happened outside of his personal knowledge and that he was not involved.

"Therefore, I cannot be in breach of statutory and fiduciary duties for matters that are not within my personal knowledge," he said.

ALSO READ: ‘Impressive’ reason behind Saudi gift 

Azhar said his role when joining SRC was to execute and get the Sabah Gas Pipeline Project and the Peninsular Pipeline Project up and running.

In the suit filed in 2021, SRC International and its subsidiary, Gandingan Mentari Sdn Bhd, are seeking a declaration that Najib is liable to them for the receipt of RM42mil, among others.

The former prime minister is also being sued for breach of fiduciary duties, knowing receipt of the funds, dishonest assistance, tort of misfeasance and abuse of power.

The hearing before Justice Raja Ahmad Mohzanuddin Shah Raja Mohzan continues on Tuesday (March 3).

 

 

 

 

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

Next In Nation

Eighty foreigners from scam syndicate charged in Tawau court
'Justice on wheels' initiative expands legal aid access to Negri Sembilan
Tabung Haji set for 2026 haj ahead of first flight on April 18 amid Middle East conflict
First of seven M'sian-owned vessels to arrive Friday from Strait of Hormuz, says Fahmi
Penang: Several roads in Taman Siakap to close for four hours on April 18 for Hazmat drill
Global energy crisis to dominate Anwar's meeting with Aussie PM
MCMC flags 441 fake news items on global energy crisis for removal
Finance Ministry studying targeted diesel subsidy process similar to Budi95, says Fahmi
Man gets seven years' jail, fined RM10,000 for stabbing patron at Sibu coffee shop
Melaka looks into claims of trishaw rider overcharging tourist

Others Also Read