Datuk Seri Najib Razak arrives at the Kuala Lumpur Court Complex April 15, 2019. — Picture by Hari Anggara
gives you a quick breakdown of SRC International’s history, based on news reports and testimony provided by the first prosecution witness in Najib’s trial — Companies Commission of Malaysia assistant registrar Muhamad Akmaludin Abdullah.According to CCM records, SRC International was founded on January 7, 2011 as a private company limited by shares; among other things, the company deals with resources used in generating electricity.
At that time, SRC International had only two units of shares worth RM1 each, with both men owning one each. Essentially, the company was a RM2 company.Fast forward eight months later from its establishment, SRC International experienced a dizzying number of internal changes in August, including new directors and a new owner which it now owes its fame to.
In between the multiple changes, SRC International also transformed from a RM2 company to one with a paid-up capital of RM1 million. The appointments of Che Abdullah and Suboh were on top of the existing three directors Nik Faisal, Shahrol Azral and Ismee, which meant that SRC International as of August 2011 had a total of five directors .Of the initial five, the first one to resign from his SRC International director position was 1MDB’s Shahrol Azral, who at the same time also quit his position of SRC International CEO, effective May 15, 2012.
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Najib loses four appeals, including gag order bid on RM42m SRC trial | Malay MailPUTRAJAYA, April 10 — Datuk Seri Najib Razak today lost in four appeals linked to his trial over RM42 million of former 1Malaysia Development Berhad (1MDB) subsidiary SRC International Sdn Bhd. The Federal Court today unanimously dismissed three of Najib’s appeals — including his bid for a... NajibRazak Wowwiee We want justice. Kleptocrat and money laundering wrong doing must go to jail. Honestly, quicken the process up and sent him to the slammer. Waste of tax payers money letting him dragggggg this out. This crook should be behind bars before he cause more trouble for the country.
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Najib's trial continues tomorrow, defence to cross-examine first witnessThe former PM is facing seven charges over SRC International funds amounting to RM42 million. guilty NajibRazak dah bersedia? Jangan macam Kak Mah haritu PH government to prove your promise ? how ? PH government handle this case ? People’s are waiting for the result of the “thief - MO1” that make every Malaysian sufferings from cost of living effected by this “corrupted & thief” of the Nation wealth !!!
Source: malaysiakini - 🏆 20. / 51 Read more »
Day 2: Najib's trial adjourned after photocopying snag, resumes tomorrowLIVE | NajibTrial 4.45pm - Thank you for following our LIVE tweets today. If you like what we do, support independent media and malaysiakini by joining our subscription programme for as low as RM0.55 a day. More:
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Live: Second day of Najib trial begins todayThe former PM faces criminal charges related to SRC International. Here goes the Most waiting trial of the century in Malaysia . People of Malaysia versus Najib Razak. Winning this contest is far more important to the people of Malaysia than winning all the by-elections put together.
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Live: First witness takes the stand again in Najib trialLIVE | najibtrial 9.23am - Judge orders trial to stand down Follow live reports at
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Live: Najib trial morning session ends, to resume at 2.30pmLIVE | najibtrial 12.57pm - Court breaks for lunch- Najib exits the court complex towards his car. Around 10 supporters are seen waiting for Najib outside the complex lobby. Follow live reports at
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Najib trial: Day 3 beginsLIVE | Former premier in the dock facing criminal charges related to SRC International.
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Live: Bank Negara officer tells of raid on Ambank branch, court breaks for lunchLIVE | 1.00pm - Court breaks for lunch - Najib exits the court complex towards his car. Around 10 supporters are seen waiting for Najib outside the complex lobby. Follow our live reports at 10 supporters. bhahahahhahaa 😂😂
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Photocopying takes longer than expected, trial to resume tomorrowLIVE | NajibTrial 4.20pm - Najib exits court complex smiling - When reporters ask him about the proceedings, he replies: “I do not wish to comment, ask our lawyers.” Follow our live reports at Why did the defence wait until today to ask for the documents? Why didn't the defence ask for it last week or before that? Or is this another one of Najib Razak's delay tactics?
Source: malaysiakini - 🏆 20. / 51 Read more »