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"I never directed the board of directors on the same matter. I was not in any position to micro-manage any MoF Inc company, including SRC. Furthermore, SRC was not the only MoF Inc company that [was] involved in national interest at that time. There was no reason for me to direct the SRC board of director through Nik Faisal," he said.

The original copies of these documents were, however, not tendered as evidence before High Court judge Mohd Nazlan Mohd Ghazali.

The watchlist inclusion takes effect today (Dec 4), according to an announcement yesterday by PRA to the SGX on the watchlist inclusion, which Parkson filed with Bursa Malaysia.

“My only interest in the SRC is that it is in the national interest,” he told the High Court here today, as he took the witness stand to make a sworn statement after Justice Mohd Nazlan Mohd Ghazali ruled a prima facie case was established by the prosecution in the trial for alleged misappropriation of RM42 million in SRC.

Testifying in his defence, Najib said there were instances where he wrote ‘bersetuju” (agree) but the officers did not support his decision.

Verokey and Tower Ray inked a non-binding heads of terms agreement today with Hero Inc Ltd, Staycity Ltd and BSW Land and Property Ltd, who want to buy their entire stakes in Black Pearl.

In his opening speech outlining the defence case today, Shafee said his team will also prove that the surrounding circumstances has led Najib to believe that fugitive businessman Low Taek Jho, or Jho Low, was a close associate to the royal family of Saudi Arabia.

Najib said this on his first day of giving testimony in his SRC trial at the High Court.

His lead counsel Tan Sri Muhammad Shafee Abdullah told a press conference that two of these unnamed individuals were from Saudi Arabia while the other two were from Abu Dhabi.

"I understand that Jho Low was chosen as the advisor to the chairman of TIA board of advisors, who was Sultan Mizan himself," he said.