SRC seeks RM42m from Najib, says he controlled company through multiple roles
Photo: The Vibes
SRC International is seeking to recover RM42 million allegedly misappropriated from its funds and transferred into Najib Razak’s personal accounts
From the original report
Wrapping up SRC International and subsidiary Gandingan Mentari Sdn Bhd's civil suit against Najib, SRC lawyer Kwan Will Sen said the company failed to achieve any of its objectives despite securing RM4 billion in loans from Retirement Fund Incorporated (KWAP).
The loans, comprising two RM2 billion facilities, were backed by government guarantees that Kwan said were "personally procured" by Najib in his capacity as prime minister and finance minister at the time.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at The Vibes
The Vibes
Read the full translated article in Japanese →
Related stories
-
PAS Youth vows to keep championing Islam Politics9/3 20:34
-
UMNO’s future in Unity Government hangs on PAU decision Politics9/3 18:23
-
Bersatu, Muda leaders hold talks amid uncertainty over PN Politics9/3 16:46
-
King receives Singapore Foreign Minister in Johor Bahru enhancing close bilateral ties Politics9/3 12:50
About this story
- Source
- The Vibes
- Originally published
- Sep 3, 2026
- Updated here
- Sep 3, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
- Corrections
- Corrections log · Report an error