Najib had full control over SRC, says witness - Nation - News Summed Up

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Najib had full control over SRC, says witness - Nation


KUALA LUMPUR (Bernama): Former prime minister Datuk Seri Najib Razak had full control over the administration of SRC International Sdn Bhd based on the amendment to the company's Articles of Association. Ishak: What does Article 117 imply? Ismee: Article 117 implies that SRC must take into consideration the advisor emeritus’ advice in material and strategic matters as well as execute the advice. The amendment was to add Article 117 into SRC's Memorandum of Association, which led to Najib's appointment as advisor emeritus of the company. Najib, 66, faces three counts of criminal breach of trust, one charge of power abuse and three counts of money laundering involving SRC funds totalling RM42mil.


Source: The Star June 11, 2019 11:48 UTC



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