KUALA LUMPUR: The board of directors of SRC International Sdn Bhd took a trip to a Swiss bank to ensure that the company’s money was safely kept, the High Court heard. Former board chairman Tan Sri Ismee Ismail said the issue of the funds in BSI Bank (now known as EFG International) kept arising, so the entire board went to meet the senior management of the bank in Lugano, Switzerland, in September 2013. Earlier, the witness told the court that SRC International former CEO Nik Faisal Ariff Kamil was the sole link between the company and Najib. “In my opinion, the ‘government’ that Nik Faisal was referring to was Najib,” he added. He said he disagreed with the way SRC International, a 1MDB subsidiary, was run by Nik Faisal, especially in terms of the company’s accounts and finances, which prompted him to quit.

Source: The Star June 10, 2019 22:41 UTC