KUALA LUMPUR (June 11): Today’s afternoon session of the trial against former Prime Minister Datuk Seri Najib Razak over his alleged involvement in embezzling funds from SRC International Sdn Bhd saw the defence going into overdrive to prove he was not in control of the special purpose vehicle (SPV).
KUALA LUMPUR (June 11): Former SRC International Sdn Bhd chairman Tan Sri Ismee Ismail (pictured) told the High Court here today that former premier Datuk Seri Najib Razak, who was appointed as advisor emeritus of the company, has control of the subsidiary of 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR (June 11): Former SRC International Sdn Bhd chairperson Tan Sri Ismee Ismail will continue with his testimony during the examination-in-chief by the prosecution, where he is expected to further touch on the running of the company he left in 2014.
KUALA LUMPUR (June 10): After getting the first RM2 billion loan from Pensioners Trust Fund Inc (KWAP) for SRC International Sdn Bhd, former premier Datuk Seri Najib Razak asked that a total of RM1.
KUALA LUMPUR (June 10): The High Court here today heard that former prime minister Datuk Seri Najib Tun Razak had influence over the Retirement Fund Incorporated (KWAP)'s decision to grant a loan to SRC International Sdn Bhd.
KUALA LUMPUR (June 10): The 38th prosecution witness, former Retirement Fund (Incorporated) (KWAP) chief executive officer Datuk Azian Mohd Noh, will continue to be cross-examined by lawyers representing Datuk Seri Najib Razak as his SRC International Sdn Bhd trial enters its 21st day today.
KUALA LUMPUR (May 30): Retirement Fund Inc's (KWAP) investment panel, the body that has the final say on whether to approve a loan to a third party using the fund's money or not, was not "compelled" to act in accordance to the government's intent to lend money to SRC International Sdn Bhd, the High Court was told yesterday.
KUALA LUMPUR (May 28): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) former chief executive officer Datuk Azian Mohd Noh (pictured) told the High Court here of her meeting with Datuk Seri Najib Razak's principal private secretary, the late Datuk Azlin Alias, at a hotel in KL Sentral sometime in June 2011 regarding the loan sought by SRC International Sdn Bhd.
KUALA LUMPUR (May 28): Ihsan Perdana Sdn Bhd (IPSB) managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) said he was only following orders when the company's Affin Bank account was used as a transit account to transfer money to a company known as Mail Global Resources.
KUALA LUMPUR (May 28): The Datuk Seri Najib Razak RM42 million SRC International Sdn Bhd trial continues today after a week of non-proceedings with his lawyers to continue cross-examining Datuk Dr Shamsul Anwar Sulaiman.