No deals with govt to drop US$1.18b suit, former SRC director tells High Court

Src International Case News

No deals with govt to drop US$1.18b suit, former SRC director tells High Court
High CourtNajib Razak SRC International Sdn Bhd CaseShahrol Azral Ibrahim Halmi
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KUALA LUMPUR, May 6 — SRC International Sdn Bhd’s former director Datuk Shahrol Azral Ibrahim Halmi denied that he had a resolution with the government to have the US$1.18...

Be accountable for your actions at work so you don’t have to suffer anymore from wastage, Anwar tells civil servants after announcing record raiseSRC International Sdn Bhd, under its new management, filed the suit in May 2021, claiming that Datuk Seri Najib Razak had committed a breach of trust and power abuse, personally benefitted from the company’s funds, and misappropriated the said funds.

SRC previously removed five former directors including Shahrol Azral from the suit and only retained Najib as the sole defendant. It is also seeking a court declaration that Najib is responsible for the company’s losses due to his breach of duties and trust and for Najib to pay back the RM42 million in losses that they have suffered.

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High Court Najib Razak SRC International Sdn Bhd Case Shahrol Azral Ibrahim Halmi

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