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SRC's loans from KWAP not used for intended purpose, High Court told

KUALA LUMPUR: The High Court here was told that a RM1.8bil loan taken out by SRC International Sdn Bhd from Retirement Fund Inc (KWAP) was never used for investments in the energy and resource sectors, a purpose it was intended for.

Kuala-lumpur , Malaysia , Indonesia , Mongolia , United-kingdom , Briton , Ismee-ismail , Angela-barkhouse , Nik-faisal , Najib-razak , Erdens-tavan-tolgoi , High-court

SRC didn't use some of RM4b KWAP loan as planned, court heard

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...

United-states , United-kingdom , Indonesia , Mongolia , Kuala-lumpur , Malaysia , British , Erdens-tavan-tolgoi , Angela-barkhouse , Taek-jho , Najib-abdul-razak , United-states-department-of-justice