SINGAPORE: A Thai woman involved in the S$32 million luxury goods scam has pleaded guilty to cheating and money laundering on Oct 21.
KUALA LUMPUR: Directors who disagreed with the direction of SRC International Sdn Bhd were free to leave the company, Datuk Seri Najib Razak told the High Court .
Mohd Bakke had testified during the 1MDB corruption trial that he left after suspecting irregularities within the fund's operations. Najib said investments must have warranted the transfer and added that directors at odds with SRC's decisions had the option to resign or discuss their disapproval directly with him.
The suit originally named Najib alongside former directors Suboh, Mohammed Azhar Osman Khairuddin, Nik Faisal, Datuk Che Abdullah @ Rashidi Che Omar, Datuk Shahrol Azral Ibrahim Halmi, and Tan Sri Ismee Ismail.
SRC International Najib Razak High Court Company Directors 1MDB Tan Sri Mohd Bakke Salleh Legal Proceedings Misappropriation Of Funds Breach Of Trust Abuse Of Power Nik Faisal Ariff Kamil Court Trial Fiduciary Duties Corruption Trial.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Najib approached KWAP for RM2bil funding for SRC International, High Court hears(Reuters) - Factbox on German Thomas Tuchel, who was appointed head coach of the England national team on Wednesday.
Read more »
Najib regrets over SRC International’s losses, high court heardKUALA LUMPUR: Datuk Seri Najib Tun Razak today admitted at the High Court here that he has certain regrets over the losses facing SRC International Sd...
Read more »
Saman SRC: Najib pertahan tindakan luluskan pinjaman RM3.95 bilion daripada KWAP kepada SRCKUALA LUMPUR: Datuk Seri Najib Tun Razak memberitahu Mahkamah Tinggi di sini hari ini bahawa beliau telah memberi lampu hijau kepada surat permohonan ...
Read more »
Federal Court allows High Court to hear Sabah Law Society’s legal challenge against PutrajayaKOTA KINABALU, Oct 17 — The High Court will hear Sabah Law Society’s (SLS) legal suit against Putrajaya for the 40 per cent special grant for the state after the Federal Court...
Read more »
Najib denies directing SRC through Nik Faisal, court heardKUALA LUMPUR: Datuk Seri Najib Tun Razak told the High Court here today that SRC International Sdn Bhd’s former chief executive officer Nik Faisal Ari...
Read more »
Najib did not request feasibility study for SRC loan, court toldKUALA LUMPUR: Former Prime Minister Datuk Seri Najib Tun Razak told the High Court here today that he had full confidence in the management of SRC Int...
Read more »