SRC incurred losses due to Najib, former director tells court

Published on 8 May 2024 11:34:06 PM

The High Court in Kuala Lumpur heard on Wednesdy (May 8 ) that if Datuk Seri Najib Razak had acted on the advice of the board of directors (BOD), SRC International Sdn Bhd would not have incurred any losses from the investment of RM3.6 billion belonging to Retirement Fund Incorporated (KWAP).

Former director of the company, 75-year-old Datuk Che Abdullah @ Rashidi Che Omar, pointed out that SRC International Sdn Bhd operated differently from other publicly listed companies, with its ultimate decision-making authority resting with the former prime minister.