NEWS

Witness: Unusual approval process for KWAP's RM4b loan to SRC

Hariz Mohd & Hidir Reduan

2 May 2019, 1:01 pm

Updated a year ago

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NAJIB TRIAL | The Retirement Fund Inc (KWAP) had taken unusual steps in approving multi-billion ringgit loan applications from former 1MDB subsidiary SRC International Sdn Bhd, the High Court in Kuala Lumpur heard today.

Former KWAP officer Amirul Imran Ahmat testified that the retirement fund’s management had considered SRC International's application without any supporting documents from the latter...

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