KUALA LUMPUR: The High Court today granted SRC International Sdn Bhd and its two subsidiaries a two-week extension to resolve their lawsuit against Umno and Umno Selangor, involving RM19.5mil allegedly misappropriated in 2015. Judge Datuk Raja Ahmad Mohzanuddin Shah Raja Mohzan, on Wednesday (Nov 27), granted the extension after lawyer Razlan Hadri Zulkifli, representing SRC, Gandingan...
KUALA LUMPUR: Datuk Seri Najib Razak has “certain regrets” over what happened to SRC International Sdn Bhd, a subsidiary of 1Malaysia Development Bhd (1MDB) that suffered losses in the billions of ringgit, the High Court here heard. The former prime minister, however, maintained he had no knowledge of the funds channelled out of the company that...
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak was unable to answer questions at the High Court relating to the millions of ringgit that landed into his personal AmBank account. "Can we deal with it later?" he said to lawyer Datuk Lim Chee Wee here on Friday (Sept 27). Lim, who represented SRC International Sdn Bhd...
KUALA LUMPUR: The board of directors at SRC International Sdn Bhd was appointed to execute the wishes of the company's shareholder, Datuk Seri Najib Razak, the High Court was told. SRC International's former director Tan Sri Ismee Ismail, 59, testified that it was typical for a newly established company's board of directors (BOD) to be given...
KUALA LUMPUR: The Malaysian Bar has filed an application for leave to commence a judicial review against the Pardons Board's decision to reduce Datuk Seri Najib Razak's sentence in the SRC International Sdn Bhd case. The application was filed at the High Court registry through Messrs Amir & Rajpal Ghai last Friday (April 26). It named the...
KUALA LUMPUR: The Malaysian Bar has filed an application for leave to commence a judicial review against the Pardons Board's decision to reduce Datuk Seri Najib Razak's sentence in the SRC International Sdn Bhd case. The application was filed at the High Court registry through Messrs Amir & Rajpal Ghai last Friday (April 26). It named the...
KUALA LUMPUR: Some US$120mil of the loan from Retirement Fund Inc (KWAP) to SRC International Sdn Bhd landed in Datuk Seri Najib Razak's bank account between 2011 and 2012, the High Court here was told. Offshore asset recovery specialist Angela Barkhouse testified that the money entered Najib's personal AmBank account through three transactions from a company...
KUALA LUMPUR: A subsidiary of 1Malaysia Development Bhd (1MDB), SRC International Sdn Bhd, was a victim of a large-scale, multi-jurisdictional fraud orchestrated by Datuk Seri Najib Razak, the High Court heard. SRC’s lawyer Datuk Lim Chee Wee said that instead of serving the rakyat, the company became a vehicle manipulated by the former premier to procure...
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak has applied to be acquitted of three other charges of money laundering involving SRC International Sdn Bhd (SRC) funds totalling RM27mil, which he is facing in the High Court here. Lawyer Tan Sri Muhammad Shafee Abdullah, representing Najib, said Friday (Dec 1) the application was made after...
