KWAP funds stolen, but no police report made — Lawyer

KWAP funds stolen, but no police report made — Lawyer
08 Apr 2021 / 22:00 H.
Pix for representational purpose only.
PUTRAJAYA: The Court of Appeal today was told that a major portion of the RM4 billion loan to SRC International Sdn Bhd by Retirement Fund Incorporated (KWAP) could have been stolen but yet no police report was made.
Datuk Seri Najib Tun Razak’s lawyer, Harvinderjit Singh submitted that the theft could have happened outside the corporate structure of SRC which was once a subsidiary of 1Malaysia Development Berhad (1MDB) and subsequently placed under the Finance Ministry Incorporated.
He said Najib was not an agent nor entrusted with RM42 million, which was said to be part of the RM4 billion, to dishonestly commit criminal breach of trust.

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