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Court dismisses Umno s application to stay proceeding of SRC s suit over RM16m transfer | Malaysia

KUALA LUMPUR, March 31 The High Court today dismissed Umno’s application to stay proceedings of a suit by SRC International Sdn Bhd against the political party to claim RM16 million which was allegedly wrongfully transferred by the company to the party. Lawyer Shahrul Fazli Kamarulzaman,.

It was not for Najib s benefit

KUALA LUMPUR: The joint venture between 1Malaysia Deve­lopment Bhd (1MDB) and PetroSaudi International Ltd (PSI) involving billions of dollars was not for the benefit of Datuk Seri Najib Razak who was the prime minister then, the High Court heard.

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