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Najib signed the gov't guarantee for KWAP loan to SRC

Published:  |  Modified:

NAJIB TRIAL | Najib Abdul Razak had signed the federal government's guarantee for an RM2 billion loan from Retirement Fund Incorporated (KWAP) to SRC International, the High Court in Kuala Lumpur heard today.

Witness Amirul Imran Ahmat, a KWAP officer, said Najib signed the document in 2012, as prime minister and finance minister.

In total, SRC International had received RM4 billion in loans from KWAP in two tranches. It was the largest loan ever given out by KWAP...

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