Malaysiakini NEWS

Putrajaya forks out RM600m, as SRC is unable to service KWAP loans

Hidir Reduan & Hariz Mohd
Published:  |  Modified:

NAJIB TRIAL | Since 2016, Retirement Fund Inc (KWAP) repeatedly stressed to the media that SRC International Sdn Bhd, a former 1MDB subsidiary, had been making regular payments on its RM4 billion in loans from the pension fund.

However, a witness told the High Court in Kuala Lumpur today that since 2015, SRC International had been unable to service the interest on its two tranches of RM2 billion loans each...

Related Reports

Share this story


Welcome back,

Your subscription expires on

Your subscription will expire soon, kindly renew before

Your subscription is expired
  Click here to renew

You are not subscribed to any subscription package
  Click here to subscribe now

Any questions?
  Email: [email protected]
  Call: +603-777-00000