Witness: No obligation to inform Najib of red flags

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Witness: No obligation to inform Najib of red flags
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NAJIB TRIAL | Defence grills IO on a hypothetical situation.

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Najib’s SRC trial: Witness insists KWAP investment guidelines breached despite waiver for RM2b loan | Malay MailNajib’s SRC trial: Witness insists KWAP investment guidelines breached despite waiver for RM2b loan | Malay MailKUALA LUMPUR, May 7 — The investment  guidelines for the Retirement Fund Incorporated (KWAP) were breached when it decided to give the first loan of RM2 billion to then 1MDB subsidiary SRC International Sdn Bhd in 2011, the High Court heard today in the trial of former prime minister Datuk...
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Najib’s SRC trial: Witness agrees Putrajaya’s word sole selling point for KWAP’s loan | Malay MailNajib’s SRC trial: Witness agrees Putrajaya’s word sole selling point for KWAP’s loan | Malay MailKUALA LUMPUR, May 7 — Putrajaya’s guarantee of a second RM2 billion loan that SRC International Sdn Bhd wanted to borrow from Retirement Fund Incorporated (KWAP) was the single selling point behind the civil servants’ pension fund’s eventual decision to approve the 2012 loan, the High Court...
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Pensioners' fund lent RM4 billion to SRC after Najib's approval, says witnessPensioners' fund lent RM4 billion to SRC after Najib's approval, says witnessFormer KWAP vice-president Amirul Imran Ahmat says the loans, made in two batches, were among the largest ever agreed to by the fund.
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RM42 mil deposited into Najib's AmIslamic Bank accounts, says witnessRM42 mil deposited into Najib's AmIslamic Bank accounts, says witnessAffin Bank branch manager tells High Court three deposits were made between Dec 26, 2014 and Feb 10, 2015.
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SRC can’t use retirement fund’s RM4b loans for CSR, witness says in Najib’s trial | Malay MailSRC can’t use retirement fund’s RM4b loans for CSR, witness says in Najib’s trial | Malay MailKUALA LUMPUR, May 6 — SRC International Sdn Bhd was not allowed to use the RM4 billion borrowed from civil servants’ pension fund KWAP for corporate social responsibility programmes as it would breach the loan agreements, the High Court heard today. Former KWAP employee Amirul Imran Ahmat, 39,...
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Najib signed letter of guarantee for RM2 billion loan to SRC International, says witness | The Malaysian InsightNajib signed letter of guarantee for RM2 billion loan to SRC International, says witness | The Malaysian InsightNajib signed letter of guarantee for RM2 billion loan to SRC International, says witness
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