SRC trial: Najib admits to being involved in RM4b loan application, denies expediting approval process
Datuk Seri Najib Razak is seen at the Kuala Lumpur Courts Complex January 21, 2020. — Picture by Hari Anggara
Najib, who is currently on trial for siphoning RM42 million from SRC International and testifying in his own defence under cross-examination from ad hoc prosecutor Datuk V. Sithambaram, however, admitted to being involved in the process of securing the RM2 billion loan from the Retirement Fund Incorporated .: You played a major and pertinent role in securing and speeding up the loan and government guarantee.
He said ‘sporadic’ meetings between him and former SRC International chief executive Nik Faisal Ariff Kamil took place where he claimed he was kept abreast of the company’s latest development.: That they were looking for investments and claimed they could fulfill all of their objectives.
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