Mon, 22 Jul 2019, 7:17 AM
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Topic: Retirement Fund Incorporated

The Borneo Post:
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KUALA LUMPUR: The High Court here was told yesterday that SRC International Sdn Bhd was required to pay RM9.2 billion to the Retirement Fund Incorporated (KWAP) under its Bai Al-Inah financing facilit...
theSun:
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KUALA LUMPUR: The High Court here was told today that SRC International Sdn Bhd was required to pay RM9.2 billion to the Retirement Fund Incorporated (KWAP) under its Bai Al-Inah financing facility fo...
The Star:
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KUALA LUMPUR (Bernama): The High Court here was told that SRC International Sdn Bhd was required to pay RM9.2bil to the Retirement Fund Incorporated (KWAP) under its Bai Al-Inah financing facility for the RM4bil loans it obtained in 2011 and 2012.
The Star:
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KUALA LUMPUR: Malaysia should create more environmental, social and governance (ESG) investment opportunities, similar to those which have been done successfully in line with the growth of the Islamic finance market, says Maybank Investment Bank Bhd chief executive officer Fad’l Mohamed.
The Borneo Post:
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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:
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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:
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KUALA LUMPUR (July 10): Former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah told the High Court today that he was directly instructed by former Prime Minister Datuk Seri Najib Razak ...
Malaysiakini:
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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:
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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:
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KUALA LUMPUR (July 10): Former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah told the High Court today that he was directly instructed by former Prime Minister Datuk Seri Najib Razak ...
theSun:
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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 Star:
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KUALA LUMPUR (Bernama): The High Court here was told on Wednesday (July 10) that former Prime Minister Datuk Seri Najib Razak ordered Retirement Fund Incorporated (KWAP) to expedite the issuance of a loan to SRC International Sdn Bhd before the government's guarantee letter was issued.
Malay Mail:
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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...
Malay Mail:
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KUALA LUMPUR, July 9 — The Cabinet was furnished with all the “clinical facts” on SRC International Sdn Bhd when it considered the company’s applications for government guarantees between 2011...
The Edge Markets:
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KUALA LUMPUR (July 9) Former Finance Ministry secretary Datuk Maliami Hamad (pictured) will continue to be cross-examined by Datuk Seri Najib Razak's defence team at the High Court here as the SRC In...
Malay Mail:
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KUALA LUMPUR, July 8 — SRC International Sdn Bhd received special attention from then prime minister and was in desperate need for funding when two government guarantees were granted to the company ...
The Star:
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KUALA LUMPUR: Former SRC International Sdn Bhd director Datuk Suboh Md Yassin had no knowledge of the company’s “secret” bank account that received a RM2bil loan from the Retirement Fund Incorporated (KWAP) in 2011, the High Court heard.
The Borneo Post:
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KUALA LUMPUR: A key witness in the trial of Datuk Seri Najib Tun Razak’s SRC International Sdn Bhd case maintained that his statement to Malaysian Anti-Corruption Commission (MACC) was “from his o...
The Star:
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KUALA LUMPUR: Former SRC International Sdn Bhd director Datuk Suboh Md Yassin had no knowledge of the company’s “secret” bank account that received a RM2bil loan from the Retirement Fund Incorporated (KWAP) in 2011, the High Court heard.
Malay Mail:
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KUALA LUMPUR, July 1 — As we enter Day 30 of Datuk Seri Najib Razak’s criminal trial today after a week’s break, have you lost track of all the goings-on in court or are just simply overwhelmed ...
Malay Mail:
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KUALA LUMPUR, June 20 — A government official testified today she was put “under duress” when she was asked to expedite the processing SRC International Sdn Bhd’s application for the first gov...
theSun:
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KUALA LUMPUR: A witness told the High Court in the trial of Datuk Seri Najib Abdul Razak here today that SRC International Sdn Bhd initially stated its purpose as “investment activities and revolvin...
Malay Mail:
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KUALA LUMPUR, June 19 — SRC International Sdn Bhd would not have obtained a government guarantee in 2012 for a second RM2 billion loan from the Retirement Fund Incorporated (KWAP) without the approv...
Malay Mail:
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KUALA LUMPUR, June 19 — SRC International Sdn Bhd’s outstanding debt to the Retirement Fund Incorporated (KWAP) stands at RM4.15 billion as of May 2019 which the federal government has to pay in f...
Malay Mail:
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KUALA LUMPUR, June 19 — SRC International Sdn Bhd was unable to repay its outstanding RM4 billion loan to the Retirement Fund Incorporated (KWAP) beginning March 2015 because its overseas bank accou...
Malay Mail:
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KUALA LUMPUR, June 19 — Datuk Seri Najib Razak’s administration had bailed out SRC International Sdn Bhd for a total of RM642 million between November 2015 and December 2017 after the company fail...
The Borneo Post:
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Mazidah (left) arrived at the Kuala Lumpur Court Complex for the Najib court case proceeding.
Malay Mail:
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KUALA LUMPUR, June 18 — Datuk Seri Najib Razak and his Cabinet had approved a month-long RM100 million short-term loan sourced from government coffers to pay off accumulated interests and late payme...
Malay Mail:
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KUALA LUMPUR, June 18 — Datuk Seri Najib Razak declared he had no vested interest in SRC International Sdn Bhd during Cabinet meetings over the granting of government guarantees on the SRC Internati...
The Borneo Post:
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KUALA LUMPUR: SRC International Sdn Bhd former director Datuk Suboh Md Yassin might have been in cahoots with the company’s then-chief executive officer Nik Faisal Ariff Kamil to hoodwink its board ...
Malay Mail:
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KUALA LUMPUR, June 17 — SRC International Sdn Bhd documents submitted by former SRC International chief executive Nik Faisal Ariff Kamil may not be authentic and could be called into “question”,...
theSun:
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KUALA LUMPUR: SRC International Sdn Bhd former director Datuk Suboh Md Yassin might have been in cahoots with the company’s then chief executive officer Nik Faisal Ariff Kamil to hoodwink its board ...
Malay Mail:
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IPOH, June 17 — PAS president Datuk Seri Abdul Hadi Awang had insulted young voters who helped elect Pakatan Harapan (PH) into power last year, Amanah’s Hasnul Zulkarnain Abd Munaim alleged today.
The Edge Markets:
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KUALA LUMPUR (June 13): Tan Sri Ismee Ismail will continue to be cross-examined for the third day today, as part of former premier Datuk Seri Najib Razak's RM42 million SRC International Sdn Bhd tria...
The Star:
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KUALA LUMPUR: The High Court here was told that the board of directors at SRC International Sdn Bhd had no clue that RM2bil in funds it obtained from the Retirement Fund Incorporated (KWAP) was wired into an unknown account.
Malay Mail:
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KUALA LUMPUR, June 12 — A RM2 billion initial loan from the Retirement Fund Incorporated (KWAP) to SRC International Sdn Bhd was credited to one of the company’s bank accounts before it was subseq...
The Star:
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KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak had control in the management of SRC International Sdn Bhd after an amendment was made in the company’s articles of association, the High Court heard.
Star TV:
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Tan Sri Ismee Ismail, the former board member of SRC International Sdn Bhd, said the company received funds from the Retirement Fund Incorporated (KWAP) and a launching grant from the government.Ismee...
theSun:
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KUALA LUMPUR: Tan Sri Ismee Ismail, the former board member of SRC International Sdn Bhd, today said SRC resources came from the Retirement Fund Incorporated (KWAP) and a launching grant from the gove...
The Star:
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KUALA LUMPUR (Bernama): Tan Sri Ismee Ismail, the former board member of SRC International Sdn Bhd, said the company received funds from the Retirement Fund Incorporated (KWAP) and a launching grant from the government.
Malaysiakini:
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LIVE | All eyes today will be on the further testimony of former SRC International chairperson Ismee Ismail during the 22nd day of Najib Abdul Razak’s trial for alleged abuse of power, corruption an...
Malaysiakini:
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KINI ROUNDUP | Here are key headlines you may have missed yesterday, in brief. 1.
Malay Mail:
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KUALA LUMPUR, June 10 — A former SRC International Sdn Bhd director told the High Court today the entire SRC International board of director visited Swiss-bank BSI (renamed EFG International) headqu...
EdgeProp.my:
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KUALA LUMPUR (June 10): The High Court here today heard that former prime minister Datuk Seri Najib Tun Razak had influence over the Retirement Fund Incorporated (KWAP)'s decision to grant a loan to S...
theSun:
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KUALA LUMPUR: The High Court here today was told that former prime minister Datuk Seri Najib Abdul Razak (pix) had influence over the Retirement Fund Incorporated (KWAP)’s decision to grant a loan t...
The Star:
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KUALA LUMPUR: The High Court was told that an application letter by SRC International Sdn Bhd for a RM3.95bil loan did not follow the procedural requirement needed by Retirement Fund Incorporated (KWAP).
Malaysiakini:
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Former prime minister Najib Abdul Razak has challenged his number one critic Lim Kit Siang to a “freestyle” debate.
The Star:
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KUALA LUMPUR (Bernama): The trial of former prime minister Datuk Seri Najib Razak, who is facing seven charges involving SRC International Sdn Bhd’s funds totalling RM42mil entered its 18th day on May 15.
The Star:
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KUALA LUMPUR: The investment panel of the Retirement Fund Incorporated (KWAP) was not bound to instructions from third parties, including the prime minister and finance minister, in any loan application, the High Court heard.
theSun:
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KUALA LUMPUR: A witness in former prime minister Datuk Seri Najib Abdul Razak’s trial today told the High Court here that the Fixed Income Department (FID) of Retirement Fund Incorporated (KWAP) can...
The Star:
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KUALA LUMPUR: Datuk Seri Najib Razak's alleged instructions to the Retirement Fund Incorporated (KWAP) to approve loans to SRC International Sdn Bhd in 2011 were not recorded in the fund's investment panel meeting minutes, the High Court heard.
theSun:
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KUALA LUMPUR: The High Court here today heard that former prime minister Datuk Seri Najib Abdul Razak had asked Retirement Fund Incorporated (KWAP) to expedite approval for the RM2 billion loan to SRC...
Malay Mail:
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KUALA LUMPUR, May 9 — Several original copies of Investment Panel Papers pertaining to the Retirement Fund Incorporated (KWAP) RM4 billion loan to SRC International Sdn Bhd is currently nowhere to b...
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...
The Star:
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KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak asked Retirement Fund Incorporated (KWAP) to rush the approval for the RM2bil loan to SRC International Sdn Bhd in 2011, the court was told on Thursday (May 9).
The Star:
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KUALA LUMPUR: The High Court was told that the Retirement Fund Incorporated (KWAP) had never dealt with any company providing incomplete information with regards to loans, as what happened in the case of SRC International Sdn Bhd.
Malay Mail:
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KUALA LUMPUR, May 8 — A witness in Datuk Seri Najib Razak’s ongoing trial today conceded that he did not personally know if SRC International Sdn Bhd had used money borrow from civil servants’ p...
The Star:
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KUALA LUMPUR: The SRC Inter­na­tional Sdn Bhd’s proposal on its future investments was merely superficial and looked good only on paper, the High Court heard.
Malaysiakini:
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KINI ROUNDUP | Here are key headlines you may have missed yesterday, in brief. 1.
Malay Mail:
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KUALA 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 behin...
Malay Mail:
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KUALA LUMPUR, May 7 — SRC International Sdn Bhd’s presentations for its proposed investments only looked good on paper when it applied for the second RM2 billion loan from the Retirement Fund Inco...
Malay Mail:
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KUALA 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 Internat...
Malaysiakini:
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KINI ROUNDUP | Here are key headlines you may have missed yesterday, in brief. 1.
The Star:
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KUALA LUMPUR: The High Court here was told that Datuk Seri Najib Razak signed a government letter of guarantee for SRC International Sdn Bhd on RM2bil financing from Retirement Fund Incorporated (KWAP) for a period of 10 years.
theSun:
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KUALA LUMPUR: A witness in the trial of Datuk Seri Najib Abdul Razak told the High Court here today that he was under great pressure while preparing an investment working paper for Retirement Fund Inc...
The Star:
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KUALA LUMPUR (Bernama): A witness in the trial of Datuk Seri Najib Razak told the High Court here that he was under pressure while preparing an investment working paper for Retirement Fund Incorporated (KWAP) in regard to a RM4bil loan for SRC International Sdn Bhd.
The Star:
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KUALA LUMPUR (Bernama): The High Court here was told that Datuk Seri Najib Razak signed a government letter of guarantee (LOG) for SRC International Sdn Bhd on a RM2bil financing from Retirement Fund Incorporated (KWAP) for a period of 10 years.
Malay Mail:
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KUALA LUMPUR, May 6 — Bursa Malaysia Bhd has embarked on a securities borrowing and lending (SBL) Proof-of-Concept (POC) that explores the opportunities afforded by blockchain technology to develop ...
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)...
Malay Mail:
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KUALA LUMPUR, May 6 — The Retirement Fund Incorporated (KWAP) breached its Investment Policy and Guidelines (IPG) when it approved a loan of RM2 billion to 1Malaysia Development Berhad’s (1MDB) wh...
Malay Mail:
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KUALA LUMPUR, May 2 — SRC International Sdn Bhd had requested Retirement Fund Incorporated (KWAP) to deposit a RM2 billion loan directly into its accounts, although the latter had already decided to...
The Edge Markets:
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Najib, 66, the sixth prime minister of Malaysia, is the first premier to find himself in the dock.
The Edge Markets:
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The first of Datuk Seri Najib Razak's trials in relation to scandal-ridden fund 1Malaysia Development Bhd began last Wednesday (April 3), despite efforts to delay the trial.
Malaysiakini:
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Accounting giant Deloitte PLT was fined RM2.2 million for four breaches involving the RM2.4 billion bond issued by Bandar Malaysia Sdn Bhd (BMSB), a 1MDB subsidiary, in 2014.