Thursday, 15 Apr 2021 11:59 AM MYT
BY KENNETH TEE
Former Prime Minister, Datuk Seri Najib Razak arrives at the Court of Appeal in Putrajaya April 15, 2021. Picture by Shafwan Zaidon
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PUTRAJAYA, April 15 SRC International Sdn Bhd’s entire business plan was a sham despite getting RM4 billion in loans from the Retirement Fund Incorporated (KWAP) with which achieved nothing, the Court of Appeal heard today.
Ad hoc prosecutor Datuk V Sithambaram said former prime minister Datuk Seri Najib Razak, the appellant, conceded as much in his trial for misappropriating RM42 million belonging to SRC International.