KUALA LUMPUR (Dec 18): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial showed yesterday that the former premier had ordered the appointment of directors to the company even before the board of its parent 1Malaysia Development Bhd (1MDB) had approved the proposal via a directors’ circular resolution (DCR).
KUALA LUMPUR (Sept 20): The Companies Commission of Malaysia (SSM) has initiated legal proceedings against former SRC International Sdn Bhd directors Nik Faisal Ariff Kamil and Datuk Suboh Md Yasin (pictured) for failing to submit the FY17 financial statement of SRC unit Gandingan Mentari Sdn Bhd.
KUALA LUMPUR (Aug 23): The investigating officer in Datuk Seri Najib Razak's SRC International Sdn Bhd case admitted that there were inconsistencies in former SRC International Sdn Bhd director Datuk Suboh Md Yassin's testimony regarding his signatures on some of the bank documents, including the Rentas transfer of funds forms which he signed.
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.
KUALA LUMPUR (July 1): Former SRC International Sdn Bhd director Datuk Mohd Yassin Md Suboh signed a directors’ circular resolution (DCR) ratifying Ihsan Perdana Sdn Bhd as the corporate social responsibility (CSR) partner of the company while he was hiding in Bangkok, Thailand.
PETALING JAYA (July 12): Two more projects in Penang are applying to be able to sell their units via the rent-to-own scheme, reported The Star.
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