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KUALA LUMPUR (Bernama): The trial of former prime minister Datuk Seri Najib Razak, who is facing seven charges involving SRC International Sdn Bhd’s funds totalling RM42mil entered its 18th day on May 15.
KUALA LUMPUR: A witness in the SRC International trial told the High Court here he ran to Bangkok in fear in 2015 over the scandal that had befallen the subsidiary of 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR: The Federal Government bailed out SRC International Sdn Bhd with close to RM600mil on several occasions to avoid the company from going into an event of default (EOD) with the Retirement Fund Inc (KWAP), after it defaulted on its payments.
KUALA LUMPUR: Datuk Seri Najib Razak's alleged instructions to the Retirement Fund Incorporated (KWAP) to approve loans to SRC International Sdn Bhd in 2011 were not recorded in the fund's investment panel meeting minutes, the High Court heard.
KUALA LUMPUR: There was a brief war of words at the High Court here between the prosecution and the defence during the Datuk Seri Najib Razak's SRC International Sdn Bhd trial on Wednesday (April 24).
PUTRAJAYA: The prosecution in the SRC International case involving Datuk Seri Najib Tun Razak has filed an appeal against a Court of Appeal decision that granted a stay on the trial.
KUALA LUMPUR: A witness and Datuk Seri Najib Razak's defence team clashed over the word "government" the during the latter's corruption trial involving RM42mil of SRC International Sdn Bhd.
KUALA LUMPUR (Bernama): A witness in the trial of Datuk Seri Najib Razak told the High Court here that he was under pressure while preparing an investment working paper for Retirement Fund Incorporated (KWAP) in regard to a RM4bil loan for SRC International Sdn Bhd.
KUALA LUMPUR: A total of RM85mil was transferred out of SRC International Sdn Bhd's bank account from July 2014 and February 2015.