KUALA LUMPUR, Sept 2 — The High Court here has ordered Datuk Seri Najib Razak to respond to the suit filed by SRC International Sdn Bhd against the former prime minster relating to alleged breach of trust and breach of statutory duty involving SRC funds totalling RM 42 million by October 11.
“The court has set further case management on December 14 that will be conducted online ,” he said when contacted by reporters after the case management proceedings today that were conducted online in front of senior assistant registrar Noordura Mohamed Din. It alleges that, between December 2014 and April 2015, SRC withdrew RM123 million in funds and deposited it into a bank account of IPSB for CSR purposes and a grant was given to IPSB without the approval of the board of directors of both SRC and GMSB.