News about SRC International

KUALA LUMPUR (July 19): High Court judge Justice Mohd Nazlan Mohd Ghazali yesterday afternoon has warned Datuk Seri Najib Razak not to make any further postings on social media about his SRC International Sdn Bhd case or risk facing contempt.

KUALA LUMPUR (July 18): The judge in the main 1MDB criminal case involving 25 charges against Datuk Seri Najib Razak has put his foot down and dismissed the application by the prosecution to postpone the trial for the third time.

KUALA LUMPUR (July 16): Former Yayasan Rakyat 1Malaysia (YR1M) chief executive officer Ung Su Ling told the High Court here today that the instructions to transfer RM27 million and RM5 million on December 26, 2014 and RM10 million on February 10, 2015 into Datuk Seri Najib Razak's accounts at AmBank came from his late private secretary Datuk Seri Azlin Alias.

KUALA LUMPUR (July 15): A former senior partner with law firm Hisham, Sobri & Kadir, who acted for the Retirement Fund Inc (KWAP), told the High Court that SRC International Sdn Bhd will have to pay back more than RM9.

KUALA LUMPUR (July 15): Transactions from accounts linked to fugitive businessman Low Taek Jho — better known as Jho Low — into the AmBank account of Datuk Seri Najib Razak in 2015 included transaction details which described them as loan payments, and not donations as the former prime minister had claimed previously.

KUALA LUMPUR (July 15): Datuk Seri Najib Razak had racked up charges of RM3.

  KUALA LUMPUR (July 12): Datuk Seri Najib Razak (pictured) will be withdrawing his appeal against the High Court's decision to reject his application to strike out seven charges he is facing over RM42 million of SRC International Sdn Bhd's funds.

KUALA LUMPUR (July 12): A Bank Negara Malaysia (BNM) officer testified yesterday he noticed the name of fugitive businessman Low Taek Jho, better known as Jho Low, in data extracted from a mobile telephone belonging to a bank officer who handled former premier Datuk Seri Najib Razak’s personal accounts.

KUALA LUMPUR (July 9): A witness from the Ministry of Finance testified that he was asked to sign a letter on behalf of the ministry, ordering the Retirement Fund (Incorporated) (KWAP) to release a RM2 billion loan to SRC International Sdn Bhd months before a government guarantee was issued, as the company needed the funds urgently.

KUALA LUMPUR (July 8): The prosecution has argued that none of the money that were transferred from SRC International Sdn Bhd's bank account went into former managing director Nik Faisal Nik Ariff Kamil's bank account, despite the defence's assertions that witness Datuk Suboh Md Yassin's signatures on the bank transfer documents were forged by Nik Faisal.