The Malaysian Pulse
Beat of the Nation
Fri, 20 Sep 2019, 5:07 AM
ADVERTISE with The Malaysian Pulse

Topic: RM3.95 billion

The Edge Markets:
Share
Najib’s SRC trial: Five potential witnesses have passed on
FIVE potential prosecution witnesses in the ongoing trial of Datuk Seri Najib Razak on the misappropriation of RM42 million from SRC international Sdn Bhd have since died, the investigating officer of...
Malaysiakini:
Share
Geely posts 40 percent slump in first-half profit, sees uncertain demand outlook
China’s Geely Automobile Holdings Ltd said on Wednesday first-half net profit skidded 40 percent amid a sustained downturn in the world’s biggest auto market, and it forecasts an uncertain outlook...
The Borneo Post:
Share
Najib orders issuing loan before guarantee letter — Witness
KUALA LUMPUR: The High Court here was told that former Prime Minister Datuk Seri Najib Tun Razak had ordered Retirement Fund Incorporated (KWAP) to expedite the issuance of loan to SRC International S...
The Edge Markets:
Share
Day 36 of Najib's SRC trial: Wan Abdul Aziz cross-examination by the defence to...
KUALA LUMPUR (July 11): Former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah will continue to testify in court today as the SRC International Sdn Bhd trial enters its 36th day.
EdgeProp.my:
Share
Najib ordered KWAP to double loan amount to RM2b, says witness
KUALA LUMPUR (July 10): Former Prime Minister Datuk Seri Najib Razak told former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah (pictured) to double the amount Retirement Fund Inc (KWA...
Malaysiakini:
Share
Ex-KWAP chair: RM4b loan to SRC couldn't be used for charity projects
NAJIB TRIAL | SRC International Sdn Bhd was not allowed to utilise money loaned from Retirement Fund Incorporated (KWAP) for purposes not stated in the agreement, the Kuala Lumpur High Court heard tod...
theSun:
Share
Najib ordered issuing of loan before guarantee letter: Witness
KUALA LUMPUR: The High Court here was told that former Prime Minister Datuk Seri Najib Abdul Razak had ordered Retirement Fund Incorporated (KWAP) to expedite the issuance of loan to SRC International...
The Edge Markets:
Share
Najib ordered KWAP to double loan amount to RM2b
KUALA LUMPUR (July 10): Former Prime Minister Datuk Seri Najib Razak told former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah to double the amount Retirement Fund Inc (KWAP) is loani...
theSun:
Share
Najib orders issuing of loan before guarantee letter: Witness
KUALA LUMPUR: The High Court here was told that former Prime Minister Datuk Seri Najib Abdul Razak had ordered Retirement Fund Incorporated (KWAP) to expedite the issuance of loan to SRC International...
Malay Mail:
Share
Najib ordered KWAP to double RM1b loan to SRC International, ex-Treasury sec-gen tells trial
KUALA LUMPUR, July 10 — The Retirement Fund Incorporated (KWAP) only wanted to loan RM1 billion to SRC International Sdn Bhd but Datuk Seri Najib Razak personally gave instructions for the amount to...
The Edge Markets:
Share
Najib's SRC Trial: KWAP loan to SRC unprecedented in size and procedure, court...
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...
EdgeProp.my:
Share
Nik Faisal may have duped us about Aabar Investments — ex-SRC chairman
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:
Share
SRC BOD never informed about application for govt guarantee
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...
The Edge Markets:
Share
Nik Faisal may have duped us about Aabar Investments — ex-SRC chair Ismee
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:
Share
Ex-SRC chief may have lied about loan from KWAP, Najib trial told
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:
Share
SRC trial: Ex-director says Nik Faisal kept massive KWAP loan bids from board
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 ...
The Edge Markets:
Share
Azian: 'Ultimate boss' Najib had influence over KWAP granting RM4b loan to SRC
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:
Share
SRC trial: Ex-KWAP chief says influence from Najib's handwritten note undeniable
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:
Share
SRC trial: Ex-KWAP chief says influence by handwritten note from Najib undeniable
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 ...
EdgeProp.my:
Share
Day 21 of Najib's SRC trial: KWAP ex-CEO to resume testimony
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...
The Edge Markets:
Share
Day 21 of Najib's SRC trial: KWAP ex-CEO to resume testimony
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...
The Edge Markets:
Share
Day 21 of Najib's SRC trial: KWAP ex-CEO to resume testimony
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:
Share
Day 21: Najib's RM42m SRC International trial
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.
The Edge Markets:
Share
Najib’s SRC trial: Summary of witness statements
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:
Share
Despite Najib’s handwritten approval, ex-KWAP CEO says no compulsion to approve loan
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:
Share
I didn’t take Najib’s SRC loan proposal consent as an order, says ex-KWAP CEO
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...
The Edge Markets:
Share
Day 20 of Najib's SRC trial: KWAP ex-CEO to continue testimony
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...
EdgeProp.my:
Share
Ex-KWAP CEO met Najib's former private secretary at hotel for SRC loan application
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:
Share
Ex-KWAP CEO says met Najib to inform him of RM1b SRC loan offer
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...
The Edge Markets:
Share
Ex-KWAP CEO met Najib's former private secretary at hotel for SRC loan...
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:
Share
Ex-KWAP CEO says received Najib’s handwritten approval for SRC loan from latter’s aide
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...
The Edge Markets:
Share
Najib’s SRC trial: KWAP’s initial RM2 bil loan approved via reply forms
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...
The Edge Markets:
Share
Najib’s SRC trial: Summary of witness statements
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:
Share
Govt guarantee signed even before order to approve RM2 bil loan, says witness
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...
EdgeProp.my:
Share
KWAP's meeting minutes did not indicate it was forced to approve loans to SRC, court told
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...
The Edge Markets:
Share
KWAP's meeting minutes did not indicate it was forced to approve loans to SRC,...
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...
The Edge Markets:
Share
Day 17 of Najib's SRC trial: Azlida of KWAP to be cross-examined by defence...
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:
Share
Pensioners’ fund only wanted to approve RM1 bil to SRC but raised it due to pressure, court hears
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:
Share
Najib instructed KWAP to speed up RM2b loan approval for SRC International, trial told
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...
EdgeProp.my:
Share
KWAP investment panel would've rejected SRC loan if it had the choice, says ex-officer
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 ...
EdgeProp.my:
Share
‘KWAP breached its own rules in giving RM2b loan, endorsed by Najib, to SRC’
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:
Share
Witness in SRC trial IDs ex-director gone missing through photo
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...
The Edge Markets:
Share
KWAP investment panel would've rejected SRC loan if it had the choice, says ex-...
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 ...
EdgeProp.my:
Share
'RM4b loan to SRC was the largest I've seen,' former KWAP officer tells court
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...
EdgeProp.my:
Share
Najib supported SRC's request for RM3.95b loan from KWAP — letter
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:
Share
SRC trial: Najib signed federal guarantee for KWAP’s second RM2b loan to ex-1MDB unit
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)...
The Edge Markets:
Share
Najib supported SRC's request for RM3.95b loan from KWAP — letter
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...
The Edge Markets:
Share
'RM4b loan to SRC was the largest I've seen,' former KWAP officer tells court
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:
Share
Pensioners’ fund lent RM4 billion to SRC after Najib’s approval, says witness
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...
EdgeProp.my:
Share
Day 13 of Najib's SRC trial: More on KWAP's RM4bn loan to SRC
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...
The Edge Markets:
Share
Day 13 of Najib's SRC trial: More on KWAP's RM4bn loan to SRC
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:
Share
Ekuinas says ready to acquire GLCs
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.
EdgeProp.my:
Share
RM2b loan given to SRC despite lack of supporting documents
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...
The Edge Markets:
Share
RM2b loan given to SRC despite lack of supporting documents
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:
Share
SRC only submitted two-page letter for RM3.95b loan from KWAP: Witness
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:
Share
Najib approved SRC’s application for RM3.95b loan to KWAP, court told
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 ...
The Edge Markets:
Share
Former KWAP official says RM2b loan given to SRC despite incomplete documents
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...
© 2017-2019 The Malaysian Pulse by Belian Tech PLT. All Rights Reserved.
Free Car Sticker Disclaimer hello@beliantech.com