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LIVE | What are the roles then SRC International chief executive officer Nik Faisal Ariff Kamil played in the movement of the RM2 billion loan from Retirement Fund Incorporated to the then subsidiary of 1MDB?
This is the issue that may be further explored by Najib Abdul Razak's defence team when they resume their cross-examination of SRC International's former chairperson Ismee Ismail on the 24th day of the former prime minister's trial for abuse of power, corruption and money laundering of RM42 million from KWAP.
When proceedings resume before Kuala Lumpur High Court judge Mohd Nazlan Mohd Ghazali at 9am today, the defence team may grill the 39th witness for more oral evidence over Nik Faisal's dealings with the board of directors of SRC International, which became fully owned by the Minister of Finance Incorporated in early 2012.
Yesterday while under heavy questioning by defence lawyer Harvinderjit Singh, Ismee told the court that Nik Faisal, who is currently missing and actively sought by the authorities, misled and kept the company's BOD in the dark over key matters in relation to its financial management...Subscribe for only RM200 a year, or sign in if you're already a subscriber.
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Day 22: 'SRC board never sought to verify if Nik Faisal was link to Najib'LIVE | NajibTrial 5.27pm - Thank you for following our live tweet today. If you like what we do, support independent media by joining our subscription programme for as low as RM0.55 a day.
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Najib amended SRC International constitution to gain control as ‘adviser emeritus’, says ex-director | Malay MailKUALA LUMPUR, June 11 — Datuk Seri Najib Razak added a clause in the constitution of SRC International Sdn Bhd at an extraordinary general meeting (EGM) to make him the ‘adviser emeritus’ of the company, the High Court heard today. Former SRC International director Tan Sri Ismee Ismail said...
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