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SRC International

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UMNO, Selangor negotiating settlement over SRC’s RM19.5 million suit

UMNO, Selangor negotiating settlement over SRC’s RM19.5 million suit

The companies claim that UMNO knew, or ought to have known, that the money belongs to SRC and that UMNO had no basis to receive the funds.
Mon Nov 18 2024
Court rejects Malaysian Bar's bid to challenge Najib's pardon

Court rejects Malaysian Bar's bid to challenge Najib's pardon

High Court Judge Datuk Ahmad Kamal says the application is outside the court's jurisdiction and is non-justiciable and frivolous.
Mon Nov 11 2024
Timeline of Najib's 1MDB case: Key moments over six years

Timeline of Najib's 1MDB case: Key moments over six years

The Court orders jailed ex-PM Datuk Seri Najib Tun Razak to enter his defense in the 1MDB corruption trial.
Wed Oct 30 2024
Najib to answer charges in high-profile 1MDB case  on Dec 2

Najib to answer charges in high-profile 1MDB case on Dec 2

Datuk Seri Najib Tun Razak says he was opting to give sworn evidence from the witness stand.
Wed Oct 30 2024
High Court orders Najib to enter defence in 1MDB case

High Court orders Najib to enter defence in 1MDB case

Datuk Seri Najib Tun Razak will have to defend himself against four charges of abuse of power and 21 charges of money laundering.
Wed Oct 30 2024
High Court to deliver key decision in Najib's 1MDB case today

High Court to deliver key decision in Najib's 1MDB case today

Datuk Seri Najib Tun Razak faces charges related to funds from 1Malaysia Development Berhad.
Wed Oct 30 2024
Malaysia's jailed ex-PM Najib apologises for mishandling of 1MDB scandal

Malaysia's jailed ex-PM Najib apologises for mishandling of 1MDB scandal

Datuk Seri Najib Tun Razak expressed remorse about 1MDB scandal in a letter read at a press conference by his son, Datuk Mohamad Nizar.
Thu Oct 24 2024
I never interfered with 1MDB, SRC investigation - Najib

I never interfered with 1MDB, SRC investigation - Najib

Datuk Seri Najib said it would have been inappropriate for him to intervene as it could be perceived as overstepping authorities' role.
Thu Oct 24 2024
Najib regrets over SRC International losses, High Court heard

Najib regrets over SRC International losses, High Court heard

Datuk Seri Najib Tun Razak admitted at the High Court that he has certain regrets over the losses facing SRC International Sdn Bhd.
Fri Oct 18 2024
Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

The grants were intended for principal repayment and other expenses, including bond interest and coupon payments, according to the report.
Mon Oct 14 2024
Najib says US$120 million in his account was not personal income

Najib says US$120 million in his account was not personal income

Datuk Seri Najib Tun Razak also made it clear that the money was not from SRC International Sdn Bhd or Retirement Fund Inc (KWAP).
Wed Oct 09 2024
Najib: BOD's job to manage SRC funds

Najib: BOD's job to manage SRC funds

Datuk Seri Najib Tun Razak told the High Court that he was not responsible for the micro-management of SRC International Sdn Bhd's funds.
Fri Sep 27 2024
Najib did not request feasibility study for SRC loan, court told

Najib did not request feasibility study for SRC loan, court told

Former Prime Minister Datuk Seri Najib Tun Razak told the High Court here today that he had not requested a feasibility study for the SRC loan
Thu Sep 26 2024
Najib testifies he had no control over SRC international funds

Najib testifies he had no control over SRC international funds

Datuk Seri Najib Tun Razak testified in High Court that he had no control over the movement or use of RM3.6 bil in funds from SRC International.
Wed Sep 25 2024
Najib denies directing SRC through Nik Faisal, court heard

Najib denies directing SRC through Nik Faisal, court heard

Datuk Seri Najib Tun Razak was testifying as a defendant in SRC Internationals US$1.18 billion civil suit against him and Nik Faisal.
Wed Sep 25 2024
Australia PM plays down privacy fears of social media ban for children

Australia PM plays down privacy fears of social media ban for children

Anthony Albanese says social media firms would be required to destroy personal data used to verify ages of users.
Mon Nov 25 2024
Bursa Malaysia boosted by RM250.6 mil investments from local institutions last week

Bursa Malaysia boosted by RM250.6 mil investments from local institutions last week

Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week.
Mon Nov 25 2024
Court orders return of 172 'Pride Collection' watches to the Swatch Group

Court orders return of 172 'Pride Collection' watches to the Swatch Group

High Court judge says the Home Ministry's seizure of the Pride watches was made without a warrant and was invalid.
Mon Nov 25 2024
New Zealand citizen poisoned by tainted alcohol in Laos returns home

New Zealand citizen poisoned by tainted alcohol in Laos returns home

Laos pledges to prosecute those responsible for the incident which has killed six tourists.
Mon Nov 25 2024
PM, Yoon hold talks on Malaysia-South Korea ties

PM, Yoon hold talks on Malaysia-South Korea ties

PM Datuk Seri Anwar Ibrahim meets with South Korean President Yoon Suek Yeol at the Yongsan Presidential Office.
Mon Nov 25 2024
Max Verstappen wraps up fourth straight driver's championship

Max Verstappen wraps up fourth straight driver's championship

Max Verstappen faces an even bigger, and more thrilling, battle to stretch the run to five in a row next year.
Mon Nov 25 2024
Israeli army orders Gaza City suburb evacuated, spurring new wave of displacement

Israeli army orders Gaza City suburb evacuated, spurring new wave of displacement

Families living in the targeted areas began fleeing their homes after nightfall.
Mon Nov 25 2024
Donald Trump Jr is helping his father pick the most controversial cabinet of modern times

Donald Trump Jr is helping his father pick the most controversial cabinet of modern times

Trump, who fiercely prizes loyalty, has long relied on family members for political advice, but which relative has his ear is known to vary.
Mon Nov 25 2024
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Dr Mohd Afzanizam Abdul Rashid says that US President-elect Donald Trump's cabinet selections are drawing significant attention.
Mon Nov 25 2024
Hezbollah rockets land near Tel Aviv after large Israeli strike on Beirut

Hezbollah rockets land near Tel Aviv after large Israeli strike on Beirut

Hezbollah movement fires heavy rocket barrages at Israel and Israeli military says houses had been destroyed or set alight near Tel Aviv.
Mon Nov 25 2024