KUALA LUMPUR: Some US$60mil flew out of SRC International for the purpose of a joint venture (JV) between its subsidiary SRC BVI and the government of Abu Dhabi relating to a coal mine that ended up not producing coal or generating revenue from mining operations, the High Court heard.
In SRC International civil suit, offshore asset recovery specialist says yet to see evidence Najib returned US$120m of SRC funds in bank account malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: The High Court today was told that a company linked to fugitive businessman Low Taek Jho or Jho Low which received US$15 million from SR.
KUALA LUMPUR: The High Court has been told that a company linked to fugitive businessman Low Taek Jho or Jho Low, which received US$15mil from SRC BVI, transferred out the funds to several prominent individuals.
KUALA LUMPUR: An offshore assets recovery specialist told the High Court here today that some of the RM4 billion loan obtained by SRC International Sd.