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Najib’s SRC trial: KWAP breached its investment policy on initial RM2b loans | Malay MailKUALA 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) wholly-owned subsidiary, SRC International Sdn Bhd in 2011, the High Court was told today at Datuk...
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Najib trial: KWAP asked to release RM2b to SRC before govt guarantee given | Malay MailKUALA LUMPUR, May 6 — The Finance Ministry had asked civil servants’ pension fund KWAP to release the second batch of RM2 billion to SRC International Sdn Bhd before the fund received a government guarantee for the 2012 loan, the High Court heard today. Former KWAP official Amirul Imran Ahmat,...
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Najib’s SRC trial: Witness insists KWAP investment guidelines breached despite waiver for RM2b loan | Malay MailKUALA 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 International Sdn Bhd in 2011, the High Court heard today in the trial of former prime minister Datuk...
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Day 13: 'RM4b to SRC is the largest KWAP loan I have ever seen'LIVE | Malaysiakini brings you live reports from ex-PM Najib Abdul Razak's SRC International trial.
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LIVE: More on RM4 billion KWAP loan to SRC International | The Malaysian InsightNajib Razak signs letter approving loan request from Retirement Fund Inc, court told last week.
Source: msianinsight - 🏆 8. / 63 Read more »
Najib’s trial: KWAP asked to channel RM2b loan directly to SRC’s accounts | Malay MailKUALA 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 channel the money through 1Malaysia Development Berhad (1MDB), the High Court heard today. The...
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Day 12: Witness describes SRC letter seeking RM3.95b KWAP loanLIVE | NajibTrial 4.10pm - Witness describes SRC letter seeking RM3.95b KWAP loan Follow our live reports at
Source: malaysiakini - 🏆 20. / 51 Read more »
Day 13: 'KWAP only received a quarter of documents requested from SRC'LIVE | NajibTrial 10.20am - KWAP loaned SRC International RM4 billion instead of the RM3.95 billion originally sought because of the two separate applications, testifies witness Amirul Imran Ahmat. Follow our live reports at knpla dia bkn pakcik aku.. kalau x selesai masalah🤣🤣🤣🤣 sume dia leh sign anwaribrahim chedetofficial bossku... NajibRazak
Source: malaysiakini - 🏆 20. / 51 Read more »
Day 13: Ex-KWAP officer says was under pressure to expedite SRC loanLIVE | NajibTrial 10.32am - 'KWAP only received a quarter of documents requested from SRC' Follow our live reports at
Source: malaysiakini - 🏆 20. / 51 Read more »
Day 13: Ex-KWAP officer says he was under pressure to expedite SRC loanLIVE | NajibTrial 10.12am - 'RM4b to SRC is the largest KWAP loan I have ever seen' Follow our live reports at Its only a loan when its repaid.
Source: malaysiakini - 🏆 20. / 51 Read more »
SRC only submitted two-page letter for RM3.95b loan from KWAP: WitnessKUALA LUMPUR: The High Court was told today that SRC International Sdn Bhd (SRC) only submitted a two-page application letter to Kumpulan Wang Persara... That has to be the most audacious loan proposal of all time
Source: theSundaily - 🏆 25. / 51 Read more »