News about international

KUALA LUMPUR (May 7): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) approved its first RM2 billion loan to SRC International Sdn Bhd without adhering to its own investment policy and guidelines, the High Court here was told yesterday.

  KUALA LUMPUR (May 7): Datuk Seri Najib Razak's SRC trial will start a little later today as the former premier will have to travel to the Court of Appeal in Putrajaya to know the outcome of his appeal to remove former Federal Court judge Datuk Gopal Sri Ram as a prosecutor in his 1Malaysia Development Bhd (1MDB)  case.

KUALA LUMPUR (May 6): The RM4 billion loan from Kumpulan Wang Persaraan (Diperbadankan) (KWAP) to SRC International Sdn Bhd was the largest borrowing witnessed by Amirul Imran Ahmad (pictured), who was working as the assistant vice president in the civil servants' retirement fund when the financing was approved in 2011 and 2012.

KUALA LUMPUR (May 6): Former prime minister Datuk Seri Najib Razak supported the request by SRC International Sdn Bhd for a RM3.

  KUALA LUMPUR (May 6): The High Court is expected to continue to hear the testimony of former KWAP assistant vice-president for Fixed Income Department Amirul Imran Ahmad over the remaining RM2 billion loan out of the total RM4 billion that KWAP gave to SRC International Sdn Bhd as the hearing enters its 13th day today.

  KUALA LUMPUR (May 2): Datuk Seri Najib Razak's SRC International Sdn Bhd trial enters its 12 day today, but the hearing is expected to start late as the former premier must attend another hearing first.

  KUALA LUMPUR (May 1): Two “Datuks” who backed Datuk Seri Najib Razak in his nine years of power told the High Court here that they each received a cheque from the former premier in February 2015.

KUALA LUMPUR (April 30): The defence brought up its  argument that  large sums of money received by Datuk Seri Najib Razak were a donation at the former premier’s SRC International Sdn Bhd trial today.

KUALA LUMPUR (April 26): The defence in Datuk Seri Najib Razak's SRC International Sdn Bhd trial wants the High Court to stay or quash the seven charges of criminal breach of trust (CBT), money laundering and abuse of power unless they are amended, on the grounds that they are defective and constitute an abuse of the court process.

  Nanyang Siang Pau’s office building may be up for sale by Media Chinese International Ltd (MCIL).