News about SAC

KUALA LUMPUR (Jan 22): Datuk Seri Najib Abdul Razak agreed that he had asked former Treasury secretary-general Tan Sri Dr Wan Abdul Aziz Wan Abdullah to expedite the first RM2 billion loan that Retirement Fund Inc (KWAP) granted to SRC International Sdn Bhd in 2011.

KUALA LUMPUR (Jan 21): Former Prime Minister Datuk Seri Najib Abdul Razak testified in court today that although there were no solid developments following SRC International Sdn Bhd's first Retirement Fund Inc (KWAP) RM2 billion loan, he had agreed to a government guarantee for second RM2 billion loan to the company.

KUALA LUMPUR (Jan 21): Datuk Seri Abdul Najib Razak said he did not consult Datuk Seri Ahmad Husni Hanadzlah when he approved the transfer of ownership of SRC International Sdn Bhd to Minister of Finance Inc (MoF Inc) in 2012, as the decision did not have any financial implication to the government.

KUALA LUMPUR (Jan 21): The Kuala Lumpur High Court will decide tomorrow morning if an application made by the defence to bring in a handwriting expert to verify Datuk Seri Najib Abdul Razak's signatures on several documents is to be allowed or denied in the SRC International Sdn Bhd trial.

KUALA LUMPUR (Jan 20): Datuk Seri Najib Abdul Razak's legal team today proceeded with its application in the High Court for an expert witness to be brought in to verify documents bearing the former premier's signatures which were allegedly forged.

KUALA LUMPUR (Jan 20): The prosecution in the SRC International Sdn Bhd trial has questioned why the defence did not bring up the issue around the allegedly "forged" documents before the prosecution closed its case, following the defence's application to bring in a handwriting expert to verify Datuk Seri Najib Abdul Razak's signatures on several documents.

KUALA LUMPUR (Jan 16): Former National Audit Department (NAD) audit director Saadatul Nafisah Bashir Ahmad was grilled by Datuk Seri Najib Razak's lawyer Tan Sri Muhammad Shafee Abdullah today over exactly how the department was coerced into excluding several paragraphs from 1Malaysia Development Bhd (1MDB)'s audit report.

KUALA LUMPUR (Jan 14): The High Court has set Feb 5 for another mention of the government's RM27.

KUALA LUMPUR (Jan 10): Benalec Holdings Bhd has called off plans to sell the remaining five of seven plots of land in Pekan Klebang, Melaka, to Titanium Hallmark Sdn Bhd.

KUALA LUMPUR (Jan 9): Former Prime Minister Datuk Seri Najib Abdul Razak admitted in court today that he was in direct contact with fugitive businessman Low Taek Jho (Jho Low) “on some instances” to ensure cheques he had written from his personal accounts had gone through.