Pensioners Fund Only Wanted To Approve Rm1 Bil To Src But Raised It Due To Pressure Court Hears


KWAP’s vice-president Azlida Mazni ArshadKUALA LUMPUR: Pensioners’ fund KWAP initially wanted to approve a RM1 billion loan to SRC International Sdn Bhd as it was only a RM2 company, Najib Razak’s corruption and abuse of power trial heard today
However, it ended up paying RM4 billion in total
KWAP’s vice-president (Legal and Secretarial Department) said one of the reasons why its investment panel wanted to offer RM1 billion when an application was made for RM3.95 billion was that it was a RM2 company
“However RM2 billion was approved as the panel chairman Wan Abdul Aziz Wan Abdullah told the meeting that the prime minister wanted SRC’s application expedited,” she said when examined by deputy public prosecutor Ishak Mohd Yusoff
Najib was the prime minister and finance minister during that time
She said SRC director Nik Faisal Ariff Kamil had submitted a two-page proposal to Najib on June 3, 2011, for the fund to get the RM3.95 billion loan
Companies Commission assistant director Muhamad Akmaludin Abdullah, a prosecution witness, had said on April 3 that as of Jan 17, 2011, Nik Faisal and Vincent Koh Beng Huat  held shares worth RM1 each in SRC. Beng Huat was also SRC investment director
Azlida, who was present at the investment panel’s unscheduled meeting on July 19, 2011, said the RM2 billion was approved to SRC as working capital and general investment
She said KWAP’s Fixed Income Department had also submitted a paper to tighten the terms and conditions for the loan, which included asking the government to provide a guarantee
“The panel members were also sensitive to SRC’s investment overseas and the risk to the country and the industry,” she said
Najib faces six charges of money laundering and criminal breach of trust in the transfer of RM42 million to his account from SRC International, a former unit of 1MDB
He is also accused of abusing his power as prime minister by giving government guarantees on SRC International’s RM4 billion loan from Retirement Fund Inc
The Pekan MP was charged with committing the offences at AmIslamic Bank Bhd in Jalan Raja Chulan and the Prime Minister’s Office in Putrajaya between Aug 17, 2011, and Feb 10, 2015
Earlier, KWAP’s former director of Accounts and Management Services Department (AMSD) M Ambalagam said he approved a payment voucher from KWAP’s Investment Settlement Department (ISD) to SRC amounting to RM2 billion in 2011
“As director of AMSB, I am given a limit of authority by the KWAP chief executive officer to approve payment. I am also given authority to approve payment on behalf of ISD,” he said when examined by deputy public prosecutor Mohd Ahsrof Adrin Kamaril
He said on Aug 26, 2011, KWAP received a notice from AmIslamic Bank (account no 21120220009736) to release the payment
“I prepared the voucher as the vice-president of ISD Amirah Muhamad Nor was on leave,” he said
He said the amount was paid out on Aug 29, 2011, after it was checked and verified by ISD staff
The next witness, Amirah said on March 28, 2012, they paid out another RM2 billion to SRC. “This time we made two payments of RM1 billion each to SRC account number (21120220110650 at AmIslamic Bank,” said Amirah, who has since retired
Hearing before judge Mohd Nazlan Mohd Ghazali was adjourned to May 14. - FMT

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2019/05/pensioners-fund-only-wanted-to-approve.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+M

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Pensioners Fund Loaned Rm2 Bil To Src Without Full Documents Says Witness

Pensioners Fund Loaned Rm2 Bil To Src Without Full Documents Says Witness

papar berkaitan - pada 3/5/2019 - jumlah : 371 hits
KWAP s ex senior executive Amirul Imran Ahmat KUALA LUMPUR The pensioners retirement fund approved a RM2 billion loan in 2011 to SRC International without proper documentation the High Court heard in the corruption trial of Najib Razak Form...
Rm4 Bil Moved From Pensioners Fund To Src Bank Accounts Najib Corruption Trial Told

Rm4 Bil Moved From Pensioners Fund To Src Bank Accounts Najib Corruption Trial Told

papar berkaitan - pada 1/5/2019 - jumlah : 280 hits
AmBank Remittance Centre s Rentas Unit manager Wedani Senen outside the High Court in Kuala Lumpur today KUALA LUMPUR A total of RM4 billion was remitted from Kumpulan Wang Persaraan to SRC International s accounts at the AmIslamic Bank Bhd...
Ini Bukan Smart Meter Ini Nak Lingkupkan Rakyat Terkejut Kena Bayar Bil Elektrik Rm1 799

Ini Bukan Smart Meter Ini Nak Lingkupkan Rakyat Terkejut Kena Bayar Bil Elektrik Rm1 799

papar berkaitan - pada 2/5/2019 - jumlah : 2123 hits
Pada November tahun lalu hampir 80 000 kediaman di Melaka telah dipasang dengan meter pintar dan secara tidak langsung menjadikan mereka kumpulan pertama rakyat di negara ini dikategorikan sebagai pengguna pintar Memetik kenyataan yang dike...
Some Of Rm1 9bil Credited Into Najib S Account A Donation From Saudi Arabia Court Told

Some Of Rm1 9bil Credited Into Najib S Account A Donation From Saudi Arabia Court Told

papar berkaitan - pada 30/4/2019 - jumlah : 331 hits
The High Court was told that RM1 9bil was credited to one of Datuk Seri Najib Razak s private bank accounts between 2011 and 2013 AmBank manager R Uma Devi confirmed that parts of the money were purportedly a donation from one Prince Faisal...
Proton To Get Rm1 88 Bil Financing From China Construction Bank

Proton To Get Rm1 88 Bil Financing From China Construction Bank

papar berkaitan - pada 27/4/2019 - jumlah : 308 hits
National carmaker Proton has secured RM1 88 billion in banking facilities from China Construction Bank to fund expansion around the region The loans are earmarked for Proton s growth plans to be the number one automotive brand in Malaysia a...
Dr M Crown Prince Can Be Changed But Pms Can Only Be Voted Out

Dr M Crown Prince Can Be Changed But Pms Can Only Be Voted Out

papar berkaitan - pada 28/4/2019 - jumlah : 308 hits
The thorny ties between Putrajaya and Johor surfaced in China today where Prime Minister Tun Dr Mahathir Mohamad is attending a symposium on the Belt and Road Initiative In a news conference in Beijing that was streamed live over Facebook t...
Here S Why High Court Dismissed Najib S Bid To Strike Out Src Charges

Here S Why High Court Dismissed Najib S Bid To Strike Out Src Charges

papar berkaitan - pada 29/4/2019 - jumlah : 279 hits
Former premier Datuk Seri Najib Razak has failed in his bid to strike out all his seven charges in relation to the misappropriation of SRC International Sdn Bhd s funds of RM42 million High Court judge Mohd Nazlan Mohd Ghazali today dismiss...
Src Had Kelayakan Pinjaman Hanya Rm1 Bilion Saja

Src Had Kelayakan Pinjaman Hanya Rm1 Bilion Saja

papar berkaitan - pada 7/5/2019 - jumlah : 288 hits
foto sumber internet KUALA LUMPUR Permohonan SRC International Sdn Bhd bagi pinjaman wang berjumlah RM3 95 bilion daripada Kumpulan Wang Persaraan pada tahun 2011 hanya boleh diluluskan dengan had kelayakan RM1 bilion saja Bekas Penolong Na...
Najib Src Trial Bnm Knew And Consented To Transactions Of Political Funds In Najib S Accounts

Najib Src Trial Bnm Knew And Consented To Transactions Of Political Funds In Najib S Accounts

papar berkaitan - pada 30/4/2019 - jumlah : 359 hits
Bank Negara Malaysia was fully aware of and had consented transactions of political funds worth billions in and out of Datuk Seri Najib Razak s bank accounts the High Court was told today Monday April 29 2019 According to a key witness R Um...
Umno Youth To Protest Extra Hours For Civil Servants Working Shifts

The Difference In The Concept Of Illicit Relationship Between Muslims And Non Muslims

Pensyarah Didakwa Hina Nabi Jawi Turut Buka Siasatan

Pas Langkaui Retorik Dap Isytihar Pas Muuh Utama

Murid Buktikan Pada Guru Lembu Makan Martabak

Let S Not Return To The Old Ways Of Tight Media Control

Abang Adik Wins Best Film Award In Los Angeles

Air Terjun Tujuh Puteri Bukit Sri Permata


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


12 Abang Abang Macho Berentap Dalam Who S Your Bro Maskulin

Hoo Pang Ron Cheng Su Yin Ke Final China Masters 2024

Geng Jin

Perbanyakkanlah Taubat

Bagaimankah Cara Kira Umur Kucing

Kenaikan Pangkat One Off Bagi Gred 9 10 11 Sspa