News about SRC

KUALA LUMPUR (Aug 6): Fugitive businessman Low Taek Jho (Jho Low) ordered RM40 million of SRC International Sdn Bhd funds to be channelled into former premier Datuk Seri Najib Razak’s AmBank accounts in the final week of December 2014 to ensure funds advanced by two Putrajaya Perdana Bhd units could be returned.

  KUALA LUMPUR (Aug 5): The trial of Datuk Seri Najib Razak involving the alleged siphoning of RM42 million from SRC International Sdn Bhd into his account enters its 47th day today, with the defence to continue its cross-examination of former AmBank relationship manager Joanna Yu Ging Ping.

KUALA LUMPUR (Aug 2): A transfer of RM27 million of SRC International Sdn Bhd funds — code-named “Eagle 27” — into former premier  Datuk Seri Najib Razak’s 880 account was misrepresented by fugitive businessman Low Taek Jho (Jho Low) as a donation from royalty, when it had actually originated from SRC International Sdn Bhd’s account.

KUALA LUMPUR (Aug 1): There was an attempt to move RM139 million discreetly out of SRC International Sdn Bhd — the company central to the ongoing corruption trial involving former prime minister Datuk Seri Najib Razak — in July 2014, the High Court was told today.

  KUALA LUMPUR (Aug 1): Datuk Seri Najib Razak's (pictured) lawyer Tan Sri Muhammad Shafee Abdullah told the High Court here today that they are seeking to strike out the notice by the prosecution compelling the former premier to apologise to the court over two Facebook postings he made about the SRC International Sdn Bhd trial.

KUALA LUMPUR (Aug 1): To ensure cheques issued from the personal AmBank accounts of Datuk Seri Najib Razak in 2014-2015 did not bounce, former AmBank employee Joanna Yu went to the extent of drafting email replies for the mandate holder Nik Faisal Ariff Kamil to her colleagues, the High Court was told yesterday.

  KUALA LUMPUR (July 31): The High Court has set aside Attorney-General (AG) Tommy Thomas' bid to cite senior lawyer Tan Sri Muhammad Shafee Abdullah (pictured) for contempt over comments regarding the SRC International Sdn Bhd trial made during a press conference earlier this year.

  KUALA LUMPUR (July 31): Former AmBank relationship manager Joanna Yu Ging Ping may have used RM55,000 of her own money to cover an overdraft in Datuk Seri Najib Razak's AmBank account ending 906, to avoid a cheque that was issued from bouncing.

KUALA LUMPUR (July 30): Former prime minister Datuk Seri Najib Razak may be “Bossku” in the current political landscape, but the prosecution and a key witness in the ongoing SRC trial had a hard time agreeing with each other, if that was the case when it comes to the management of his AmBank accounts in 2014-2015.

  KUALA LUMPUR (July 29): Former AmBank relationship manager Joanna Yu, the 54th prosecution witness in Datuk Seri Najib Razak's SRC International Sdn Bhd trial, agreed that most of the instructions relating to the former premier's bank accounts were issued by fugitive financier Low Taek Jho.