SRC International Sdn Bhd is still making regular payments for its RM4 billion loan from the Retirement Fund Inc (KWAP), the fund’s CEO Wan Kamaruzaman Wan Ahmad said today.

“As of last year, (SRC International’s payments) are still on track.

“This year, it depends on the payment schedule (because) it is every six months,” Wan Kamaruzaman told reporters after he briefed the Council of Eminent Persons about the state of KWAP's finances at Menara Ilham, Kuala Lumpur.

Wan Kamaruzaman said he briefed the council about KWAP’s governance as well as its pension issues today, but declined to say when SRC International's next payment is scheduled.

“I think I can't comment on anything beyond that.

“But the main thing they asked about is the pension issues and how to make it more sustainable,” he said.

He also gave the council an update on KWAP’s investments, including their loan to SRC.

“The known fact is our issue on SRC International, which is a known thing.

“Going forward, I think it's to see whether SRC International will be able to rehabilitate itself,” he said, reminding that the loan has a government guarantee.

SRC International first came under the spotlight after it took out two RM2 billion loans from KWAP in 2011 and 2012, with a 10-year repayment period.

It previously claimed to have invested part of the loan in the controversial Gobi Coal & Energy Ltd, a joint venture project in Mongolia.

Pakatan Harapan had wanted SRC International to be investigated on the whereabouts of RM3.81 billion out of the RM4 billion loan, which it said it invested overseas.

SRC International is also linked to a newly reopened corruption probe against former prime minister Najib Abdul Razak by the MACC.

The initial 2015 probe was spiked by attorney-general Mohamed Apandi Ali, who said Najib had not committed any wrongdoing.

The MACC investigation centres on the transfer of RM42 million from SRC International to Najib.