Ex-KWAP CEO met Najib's former private secretary at hotel for SRC loan application
"There, Azlin gave me a letter which was signed by SRC director Nik Faisal Ariff Kamil dated June 3, 2011 [addressed] to Najib seeking for a loan of RM3.95 billion."
"There, Azlin gave me a letter which was signed by SRC director Nik Faisal Ariff Kamil dated June 3, 2011 [addressed] to Najib seeking for a loan of RM3.95 billion."
He repeated this three times during questioning by deputy public prosecutor Muhammad Saifuddin Hashim Musaimi about payments of RM27 million and RM5 million on Dec 26, 2014 and a payment of RM10 million made on Feb 10, 2015.
"The reason for the transfer is recorded as 'CSR (corporate social responsibility) programmes'. I recognised the remittance form as I prepared the document," the witness said.
Najib and Mohd Irwan are jointly facing six charges of criminal breach of trust involving RM6.64 billion of government funds for payments to IPIC.
Amirah, the 34th prosecution witness, insisted that she had willingly said in her statement that the two RM2 billion loans to SRC was amongst the largest she had seen during her tenure in KWAP. "I wanted to put this," she said, before Harvinderjit ended his cross-examination.
The forfeiture action is against assets said to be from funds illegally gained from 1MDB.
Mahathir said the EAC was not set up due to the underperformance of the ministers, but instead it was created as a channel for the government to listen to and address the people’s economic concerns.
the rising housing prices in Malaysia has not only been driven by the market, but high premium on land purchases — which are set by the respective state governments — is also a major factor...