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

Modified 6 May 2019, 1:44 pm

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...

Share this story


By posting a comment, you agree to our Terms & Conditions as stipulated in full here


Foul language, profanity, vulgarity, slanderous, personal attack, threatening, sexually-orientated comments or the use of any method of communication that may violate any law or create needless unpleasantness will not be tolerated. Antisocial behaviour such as "spamming" and "trolling" will be suspended. Violators run the risk of also being blocked permanently.


Please use the report feature that is available below each comment to flag offending comments for our moderators to take action. Do not take matters in your own hands to avoid unpleasant and unnecessary exchanges that may result in your own suspension or ban.