Ex-SRC director says SRC board only approved shareholder resolutions, unaware of RM42m transfer to Najib

Ex-SRC director says SRC board only approved shareholder resolutions, unaware of RM42m transfer to Najib

Malay Mail - Malaysia·2026-03-05 20:00

KUALA LUMPUR, March 5 — A former director of SRC International Sdn Bhd told the High Court here today that he had no knowledge of the transfer of RM42 million from the company to the personal bank account of Datuk Seri Najib Tun Razak.

The RM42 million was part of the RM123 million borrowed by SRC from the Retirement Fund (Incorporated) (KWAP), before being channeled to Najib’s account through Ihsan Perdana Sdn Bhd, the company that manages the corporate social responsibility programme for SRC.

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