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Topic: RM3.95 billion

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A loan of the magnitude of RM3.95 billion by Kumpulan Wang Persaraan (Diperbadankan) (KWAP) was unprecedented in size, the Kuala Lumpur High Court was told last week in the trial of former prime minis...
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KUALA LUMPUR (June 13): Former SRC International Sdn Bhd chairman Tan Sri Ismee Ismail (pictured) agreed with former premier Datuk Seri Najib Razak’s lawyer Harvinderjit Singh that the company’s b...
theSun:
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KUALA LUMPUR: The Board of Directors (BOD) of SRC International Sdn Bhd was never informed of the company’s application for government guarantee for a RM3.95 billion loan from the Retirement Fund (I...
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KUALA LUMPUR (June 12): Former SRC International Sdn Bhd chairman Tan Sri Ismee Ismail agreed with former premier Datuk Seri Najib Razak's lawyer Harvinderjit Singh that the company board may have bee...
Free Malaysia Today:
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KUALA LUMPUR: Former SRC International Sdn Bhd CEO Nik Faisal Ariff Kamil could have lied to the company’s board of directors about its application for a loan, the High Court heard today in the corr...
Malay Mail:
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KUALA LUMPUR, June 12 — Former SRC International Sdn Bhd chief executive Nik Faisal Ariff Kamil failed to inform the directors of his firm and its parent, 1MBD, when he applied for a RM3.95 billion ...
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KUALA LUMPUR (June 10): Former Pensioners Trust Fund (KWAP) CEO Datuk Azian Mohd Noh said the former prime minister and finance minister Datuk Seri Najib Razak was her "ultimate boss", thus she cannot...
Malay Mail:
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KUALA LUMPUR, June 10 — Former Retirement Fund Incorporated (KWAP) chief executive Datuk Azian Mohd Noh said she could not rule out being influenced by a handwritten note from former prime minister ...
Malay Mail:
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KUALA LUMPUR, June 10 — Former Retirement Fund Incorporated (KWAP) chief executive Datuk Azian Mohd Noh said she could not rule out being influenced by a handwritten note from former prime minister ...
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KUALA LUMPUR (June 10): The 38th prosecution witness, former Retirement Fund (Incorporated) (KWAP) chief executive officer Datuk Azian Mohd Noh, will continue to be cross-examined by lawyers represent...
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KUALA LUMPUR (June 10): The 38th prosecution witness, former Retirement Fund (Incorporated) (KWAP) chief executive officer Datuk Azian Mohd Noh, will continue to be cross-examined by lawyers repres...
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KUALA LUMPUR (June 10): The 38th prosecution witness, former Retirement Fund (Incorporated) (KWAP) chief executive officer Datuk Azian Mohd Noh, will continue to be cross-examined by lawyers repres...
Malaysiakini:
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After a week-plus Hari Raya break, former prime minister Najib Abdul Razak's RM42 million SRC International abuse of power, graft and money laundering trial enters the 21st day today.
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35     Azlida Mazni Arshad,46 THE vice-president of the legal and secretarial department of Kumpulan Wang Persaraan (Diperbadankan) said she agreed that KWAP’s minutes of meetings never indicated...
Malay Mail:
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KUALA LUMPUR, 29 — Civil servants’ pension fund KWAP’s investment panel did not feel that it had to approve a multi-billion ringgit loan that was sought by SRC International Sdn Bhd because of a...
Free Malaysia Today:
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KUALA LUMPUR: Former pensioners’ retirement fund (KWAP) chief executive officer Azian Mohd Noh told the High Court today she did not consider as instruction a letter forwarded by Najib Razak, with a...
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KUALA LUMPUR (May 29): The Datuk Seri Najib Razak RM42 million SRC International Sdn Bhd trial enters its 20th day today with the Kumpulang Wang Persaraan (Diperbadankan) (KWAP) former chief execut...
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KUALA LUMPUR (May 28): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) former chief executive officer Datuk Azian Mohd Noh (pictured) told the High Court here of her meeting with Datuk Seri Najib Razak...
Malay Mail:
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KUALA LUMPUR, May 28 — Former Retirement Fund Incorporated (KWAP) chief executive Datuk Azian Mohd Noh told the High Court today that she had met with Datuk Seri Najib Razak in 2011 to inform him of...
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KUALA LUMPUR (May 28): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) former chief executive officer Datuk Azian Mohd Noh (pictured) told the High Court here of her meeting with Datuk Seri Najib Razak...
Malay Mail:
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KUALA LUMPUR, May 28 — Datuk Seri Najib Razak’s former special officer had in 2011 personally handed over a letter for a RM3.95 billion loan application from 1Malaysia Development Berhad’s (1MDB...
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DESPITE its earlier reservations about approving an initial RM2 billion loan to SRC International Sdn Bhd in 2011, the seven-member investment panel of Kumpulan Wang Persaraan (Diperbadankan) (KWAP) l...
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THE public prosecutor called seven new witnesses and recalled one witness to the stand last week to testify to the involvement of former prime minister Datuk Seri Najib Razak in the alleged misappropr...
Free Malaysia Today:
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KUALA LUMPUR: The High Court heard today a guarantee letter signed by Najib Razak for an additional RM2 billion loan to SRC International Sdn Bhd was dated earlier than the directive to approve the su...
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KUALA LUMPUR (May 14): Witness Azlida Mazni Arshad (pictured) has affirmed that the minutes of meeting of Kumpulan Wang Persaraan (Diperbadankan) (KWAP) never indicated that it was forced to approve l...
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KUALA LUMPUR (May 14): Witness Azlida Mazni Arshad (pictured) has affirmed that the minutes of meeting of Kumpulan Wang Persaraan (Diperbadankan) (KWAP) never indicated that it was forced to approve l...
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KUALA LUMPUR (May 14) - The Datuk Seri Najib Razak RM42 million abuse of power, criminal breach of trust and money laundering SRC International Sdn Bhd trial continues today and tomorrow for this week...
Free Malaysia Today:
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KUALA LUMPUR: Pensioners’ fund KWAP initially wanted to approve a RM1 billion loan to SRC International Sdn Bhd as it was only a RM2 company, Najib Razak’s corruption and abuse of power trial hear...
Malay Mail:
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KUALA LUMPUR, May 9 — Retirement Fund Incorporated (KWAP) received instructions from former prime minister Datuk Seri Najib Razak in 2011 to hasten the approval for the first RM2 billion loan to SRC...
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KUALA LUMPUR (May 7): The investment panel of Kumpulan Wang Persaraan (Diperbadankan) (KWAP) would have rejected the loan to 1Malaysia Development Bhd (1MDB)'s former subsidiary SRC International Sdn ...
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KUALA LUMPUR (May 7): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) approved its first RM2 billion loan to SRC International Sdn Bhd without adhering to its own investment policy and guidelines, the ...
Free Malaysia Today:
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KUALA LUMPUR: A witness testifying in the abuse of power and graft trial of Najib Razak was forced to identify former SRC International director Nik Faisal Ariff Kamil through a press photograph today...
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KUALA LUMPUR (May 7): The investment panel of Kumpulan Wang Persaraan (Diperbadankan) (KWAP) would have rejected the loan to 1Malaysia Development Bhd (1MDB)'s former subsidiary SRC International Sdn ...
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KUALA LUMPUR (May 6): The RM4 billion loan from Kumpulan Wang Persaraan (Diperbadankan) (KWAP) to SRC International Sdn Bhd was the largest borrowing witnessed by Amirul Imran Ahmad (pictured), who wa...
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KUALA LUMPUR (May 6): Former prime minister Datuk Seri Najib Razak supported the request by SRC International Sdn Bhd for a RM3.95 billion loan from Kumpulan Wang Persaraan (Diperbadankan) (KWAP) to b...
Malay Mail:
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KUALA LUMPUR, May 6 — Datuk Seri Najib Razak personally signed off on a government guarantee for SRC International Sdn Bhd’s second loan of RM2 billion from the Retirement Fund Incorporated (KWAP)...
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KUALA LUMPUR (May 6): Former prime minister Datuk Seri Najib Razak supported the request by SRC International Sdn Bhd for a RM3.95 billion loan from Kumpulan Wang Persaraan (Diperbadankan) (KWAP) to b...
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KUALA LUMPUR (May 6): The RM4 billion loan from Kumpulan Wang Persaraan (Diperbadankan) (KWAP) to SRC International Sdn Bhd was the largest borrowing witnessed by Amirul Imran Ahmad (pictured), who wa...
Free Malaysia Today:
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KUALA LUMPUR: Pensioners’ fund KWAP loaned SRC International RM4 billion after SRC director Nik Faisal Ariff Kamil submitted a two-page proposal to Najib Razak in June 2011, the High Court heard tod...
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KUALA LUMPUR (May 6): The High Court is expected to continue to hear the testimony of former KWAP assistant vice-president for Fixed Income Department Amirul Imran Ahmad over the remaining RM2 billion...
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KUALA LUMPUR (May 6): The High Court is expected to continue to hear the testimony of former KWAP assistant vice-president for Fixed Income Department Amirul Imran Ahmad over the remaining RM2 billi...
Malay Mail:
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KUALA LUMPUR, May 3 — Ekuiti Nasional Bhd (Ekuinas) says it is ready to acquire stakes in subsidiaries of government-linked companies (GLCs) that it has identified.
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KUALA LUMPUR (May 3): Kumpulan Wang Persaraan Diperbadankan (KWAP) had agreed to give a RM2 billion loan to SRC International Sdn Bhd in 2011 although there were insufficient supporting documents, the...
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KUALA LUMPUR: Kumpulan Wang Persaraan Diperbadankan (KWAP) had agreed to give a RM2 billion loan to SRC International Sdn Bhd in 2011 although there were insufficient supporting documents, the High Co...
theSun:
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KUALA LUMPUR: The High Court was told today that SRC International Sdn Bhd (SRC) only submitted a two-page application letter to Kumpulan Wang Persaraan Diperbadankan (KWAP) for loan of RM3.95 billion...
theSun:
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KUALA LUMPUR: The High Court here was told today that former prime minister Datuk Seri Najib Abdul Razak approved a loan application amounting to RM3.95 billion submitted by SRC International Sdn Bhd ...
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KUALA LUMPUR (May 2): The Pensions Trust Fund (KWAP) had agreed to give an RM2 billion loan to SRC International Sdn Bhd in 2011 although there were insufficient supporting documents, the High Court h...