Rm4 Billion Kwap Loan Src Files Suit Against Najib Six Others For Alleged Breach Of Trust



(Bernama) – SRC International Sdn Bhd, under its new management, has filed a lawsuit against former prime minister Datuk Seri Najib Tun Razak and six others for alleged breach of trust and breach of statutory duty in relation to the RM4 billion Kumpulan Wang Persaraan Diperbadankan (KWAP) loan to SRC.
Through the court’s e-filing system, SRC, which is a subsidiary of 1Malaysia Development Berhad (1MDB), as the plaintiff, filed the writ of summons on May 7 by naming Najib and six former SRC directors, namely Datuk Suboh Md Yassin, Nik Faisal Ariff Kamil, Datuk Mohammed Azhar Osman Khairuddin, Shahrol Azral Ibrahim Halmi, Tan Sri Ismee Ismail and Datuk Che Abdullah@Rashidi Che Omar as the first to seventh defendants.
Najib was the Advisor Emeritus of SRC from May 1, 2012 to March 4, 2019.
SRC, which is now wholly owned by the Ministry of Finance Incorporated (MoF Inc), alleged that all the defendants conspired and committed a breach of trust besides claiming that the former prime minister had abused his power and obtained personal benefits from SRC funds as well as misappropriated the funds.
As such, the plaintiff is seeking a declaration that all the defendants are liable to pay the loss of investment funds as a result of the use of the loan amount in addition to claiming general damages, exemplary, additional and interest, costs and other appropriate relief provided by the court.
SRC, in its writ of summons, said that in January 2019, the company was placed under the care of officials from the Ministry of Finance (new management) and, after scrutinising and reviewing SRC records, found that SRC’s previous directors had not taken any reasonable steps to ensure KWAP’s loans amounting to RM4 billion to SRC in 2011 and 2012 were used properly to finance the company’s general investment activities and general working capital requirements.
The company claimed that the previous directors did not monitor the disposal of RM3.6 billion to SRC BVI (proposed investment fund) allegedly for SRC to undertake investment activities in the energy resource sector overseas and failed to monitor the Malaysian government’s exposure to guarantees given to SRC as well as failed to inquire about the misappropriation of SRC funds.
“The new management also found that a large number of withdrawals, transfers and use of KWAP loans were fraudulent or wrong,” the company said in its writ of summons.
On the same day (May 7), 1MBD, as the plaintiff, filed a suit against law firm Messrs Wong & Partners and its partner Brian Chia Hock Gee as the first and second defendants seeking US$1 billion in damages and RM664,821.21 as payment of legal fees.
1MDB, through its writ of summons, claimed that the two defendants jointly and severally violated their statutory duties to the company on behalf of Najib and businessman Low Taek Jho or Jho Low and their associates, causing the company to suffer losses amounting to US$1 billion.
Both cases have been fixed for case management on June 1 via video conference in front of High Court Judicial Commissioner Liza Chan Sow Keng.
On May 10, the Finance Ministry confirmed that 1MDB and SRC had filed a total of 22 civil lawsuits to recover assets worth more than RM96.6 billion, including about RM300 million from various local parties.
 


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

https://www.malaysia-today.net/2021/05/21/rm4-billion-kwap-loan-src-files-suit-against-najib-six-others-for-alleged-breach-of-trust/

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
Src Saman Najib Enam Lagi Atas Dakwaan Pecah Amanah Wang Pinjaman Kwap Rm4 Bilion

Src Saman Najib Enam Lagi Atas Dakwaan Pecah Amanah Wang Pinjaman Kwap Rm4 Bilion

papar berkaitan - pada 22/5/2021 - jumlah : 232 hits
217 total views 217 views today SRC International Sdn Bhd di bawah pengurusan baharunya memfailkan saman terhadap bekas Perdana Menteri Datuk Seri Najib Razak dan enam lagi atas dakwaan melakukan pecah amanah serta melanggar kewajipan statu...
1mdb And Src File Multibillion Dollar Civil Suits Against Those Alleged To Be Responsible For Fraud

1mdb And Src File Multibillion Dollar Civil Suits Against Those Alleged To Be Responsible For Fraud

papar berkaitan - pada 10/5/2021 - jumlah : 249 hits
A source familiar with the suits told The Edge that the suits were filed after achieving settlement with Goldman Sachs AmBank and Deloitte to show that the government is serious about pursuing the recovery of the money siphoned from 1MDB Th...
Irb Files Suit Against Najib S Lawyer Shafee Over Rm9 41m Of Unpaid Taxes Across Five Years

Irb Files Suit Against Najib S Lawyer Shafee Over Rm9 41m Of Unpaid Taxes Across Five Years

papar berkaitan - pada 18/5/2021 - jumlah : 267 hits
The Inland Revenue Board has filed a suit against lawyer Tan Sri Muhammad Shafee Abdullah for alleged tax arrears of some RM9 41 million over a period of five years In its lawsuit filed at the Kuala Lumpur High Court on May 6 IRB alleged th...
Lawyers Lodge Complaint Against Neelofa For Alleged Special Treatment At Seremban Magistrates Court

Lawyers Lodge Complaint Against Neelofa For Alleged Special Treatment At Seremban Magistrates Court

papar berkaitan - pada 22/5/2021 - jumlah : 378 hits
The complaint reportedly said among others the couple was allowed to drive into the court premises while others had to park across the road and walk in adding that the perception does not bode well for the court s integrity Bernama picKUALA...
1mdb Src File Lawsuits Against Alleged Perpetrators Who Defrauded Them

1mdb Src File Lawsuits Against Alleged Perpetrators Who Defrauded Them

papar berkaitan - pada 10/5/2021 - jumlah : 207 hits
1MDB and its former subsidiary SRC International Sdn Bhd have filed a string of civil suits against various personalities who have been accused of defrauding the state owned firms They also took legal action against entities that may not ha...
Najib Proposes Blanket 14 Day Quarantine For All International Arrivals

Najib Proposes Blanket 14 Day Quarantine For All International Arrivals

papar berkaitan - pada 18/5/2021 - jumlah : 226 hits
As more infectious variants of Covid 19 spread former prime minister Najib Abdul Razak has urged Putrajaya to impose a 14 day quarantine rule on all international arrivals The two week rule currently only applies to those arriving from wher...
Dr M Apologises For Sop Breach Says Ready To Face Action

Dr M Apologises For Sop Breach Says Ready To Face Action

papar berkaitan - pada 12/5/2021 - jumlah : 287 hits
Former prime minister Dr Mahathir Mohamad has apologised for breaching Covid 19 prevention standard operating procedures last Saturday while distributing Ramadan and Hari Raya donations in Langkawi Kedah The Langkawi MP said he was informed...
Who Will Answer For 64 000 Infected Schoolchildren Says Najib

Who Will Answer For 64 000 Infected Schoolchildren Says Najib

papar berkaitan - pada 23/5/2021 - jumlah : 271 hits
Najib Razak says 64 000 schoolchildren have been reported to be infected since May 18 PETALING JAYA Former prime minister Najib Razak has questioned who will take responsibility for the 64 000 cases of Covid 19 infections among schoolchildr...
Shafee Labels Tax Suit Against Him As Political Move

Shafee Labels Tax Suit Against Him As Political Move

papar berkaitan - pada 19/5/2021 - jumlah : 207 hits
Lawyer Muhammad Shafee Abdullah dismissed the RM9 41 million tax suit against him as a political move The legal representative for former prime minister Najib Abdul Razak contended that the Inland Revenue Board has yet to serve the suit s c...
Rasa Masakan Korea Soondubu Jigae Beef Di Dubuyo

China S President To Host Official Dinner For Anwar

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

Tip Mudah Santan Berketul Jadi Elok Semula Letak Sehelai Daun Ini Saja

Unlocking Savings Expert Tips For Finding Discounted Cigarettes In Australia

Maggi Goreng

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Sedapnya Kopi Kering Beku Kapsul Dari Zus Coffee

Anwar Slams Hypocritical Criticism Over His Response To Najib S Apology

A Sucker Punch For Rm1 000 What S The Value Of Dignity In Malaysia

Mencipta Paper Bag Yang Berkesan Elemen Dan Pilihan Bahan

11 Jam Dan 1 Jam

Pengalaman Anak Kena Prolonged Jaundice